Market Intelligence Report — KY-460

Lexington-Fayette, KY

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-KY-07
As of the latest 2026 data
Very Competitive

Median Listing

$408K
-1.0% YoY

Pending Ratio

0.99
+3.5% YoY

Active Inventory

1,164
+2.8% YoY

Median DOM

45 Days
-0.5% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's very competitive Lexington-Fayette market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Lexington-Fayette, KY.

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The Lexington-Fayette market is Very Competitive, evidenced by a pending ratio of 0.99, indicating demand significantly outpaces available inventory. This ratio has strengthened year-over-year by 3.5%.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

4.8%+0.6 pp YoY

Unemployment rate · Jun 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

535,174+0.8% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Lexington-Fayette market right now.

Active listings have seen a modest year-over-year increase of 2.8%, while new listings rose by 5.6% over the same period. Median listing prices experienced a slight month-over-month contraction of 0.6% and a 1.0% year-over-year decline. Concurrently, the median days on market saw a fractional year-over-year decrease of 0.5%, with the share of price-reduced listings increasing by 1.0% year-over-year.

Historical Analysis

Market Trends

Median Price

$408K-0.6% MoM

Active Inventory

1,164+2.8% YoY

Days on Market

45-0.5% YoY

Sold Score™

79+3.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

79
Aug 23Jul 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Aug 23Jul 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Aug 23Mar 24Oct 24May 25Dec 25Jul 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The elevated pending ratio of 0.99 suggests that the pace of absorption is robust, placing substantial pressure on available inventory. This condition typically necessitates price discipline from potential purchasers due to the strong competition for listings, contributing to swift transaction timelines.

Luxury Segment

In the luxury segment, the average listing price declined by 0.8% year-over-year, while the median listing price decreased by 1.0% year-over-year. This disparity, alongside a median $/sqft gain of 0.8%, suggests some price sensitivity at higher tiers, though not a broad deceleration.

Supply Dynamics

1,164 active listings represent the current floor, with new supply arriving at roughly 718 per month.

Pricing Pressure
16.5%

of active listings carry a price reduction, +1.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.8% year-over-year.

Absorption
0.99

Pending-to-active ratio — Very Competitive.

Recommended For This Market

Very Competitive

Selling in Lexington-Fayette, KY? Buyer Demand Index is running at 99%.

Demand in Lexington-Fayette, KY is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
99%
Median Days on Market
45 days
Inventory YoY
+3%

Demand is strong in Lexington-Fayette, KY. Check your Sold Score before you price — conditions this favorable don't hold forever.

See how fast my home should sell

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Metro Demographics

Metro Area
Lexington-Fayette, KY
CBSA Code
30460
State
KY

ZIPs in Lexington-Fayette, KY

Sorted by active inventory · click a ZIP for its full report