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Lexington, KY 40508 Real Estate & Property Data

Lexington, KY 40508 Real Estate Market Trends

Last Updated: September 06, 2025

A total of 284 residential properties have been sold over the past 12 months in 40508. With a median sales price of $170,000 in 40508 and a total of 1 foreclosures in Lexington, KY 40508. Discover market trends and get the granular level real estate data for Lexington, KY 40508 to keep your pulse on the housing market. Curate compelling home reports for Lexington, KY 40508 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Lexington, KY 40508 Real Estate Market Trends

Get property data for any address in Lexington, KY 40508 or the country:

Total Residential Properties 5,705

Total Commercial Properties 978

Avg. Home Age (Single Family Home) 77 Years

Avg. Square Feet (Single Family Home) 1,381

Total 2025 Residential Sales (year-to-date) 121

% of Homes Seriously Underwater (Q3 2025) 4.53%

Total 2024 Residential Sales 280

% of Equity Rich Homes (Q3 2025) 21.27%

Effective 2024 Property Tax 0.83%

Total Foreclosure Filings (year-to-date) 12

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Lexington, KY 40508 Real Estate Overview

There were 284 residential properties sold in the past year in Lexington, KY 40508. The median home value in Lexington, KY 40508 is $181,750. There are a total of 5,705 residential properties in the 40508.

Median Sales Price i

$170,000

(Jun 2025)

year-over-year

y-o-y

June '25 Jun '25 $170,000
May '25 May '25 $187,500
April '25 Apr '25 $115,000
March '25 Mar '25 $140,000
February '25 Feb '25 $220,000
January '25 Jan '25 $200,000
December '24 Dec '24 $185,000
November '24 Nov '24 $218,500
October '24 Oct '24 $154,900
September '24 Sep '24 $193,750
August '24 Aug '24 $310,000
July '24 Jul '24 $275,000

Median Down Payment i

$61,000

(Jun 2025)

+144%

year-over-year

y-o-y

June '25 Jun '25 $61,000
May '25 May '25 $10,200
April '25 Apr '25 $17,980
March '25 Mar '25 $52,812
February '25 Feb '25 $88,000
January '25 Jan '25 $54,000
December '24 Dec '24 $31,980
November '24 Nov '24 $40,000
October '24 Oct '24 $14,000
September '24 Sep '24 $91,500
August '24 Aug '24 $90,000
July '24 Jul '24 $46,750

Number of Homes Sold i

17

(Jun 2025)

-32%

year-over-year

y-o-y

June '25 Jun '25 17
May '25 May '25 21
April '25 Apr '25 21
March '25 Mar '25 15
February '25 Feb '25 10
January '25 Jan '25 37
December '24 Dec '24 23
November '24 Nov '24 17
October '24 Oct '24 18
September '24 Sep '24 25
August '24 Aug '24 30
July '24 Jul '24 25

Number of Purchase Loans i

10

(Jun 2025)

-23.1%

year-over-year

y-o-y

June '25 Jun '25 10
May '25 May '25 12
April '25 Apr '25 10
March '25 Mar '25 11
February '25 Feb '25 7
January '25 Jan '25 26
December '24 Dec '24 14
November '24 Nov '24 8
October '24 Oct '24 10
September '24 Sep '24 10
August '24 Aug '24 13
July '24 Jul '24 16

Number of REFI Loans i

12

(Jun 2025)

+140%

year-over-year

y-o-y

June '25 Jun '25 12
May '25 May '25 9
April '25 Apr '25 6
March '25 Mar '25 4
February '25 Feb '25 19
January '25 Jan '25 21
December '24 Dec '24 12
November '24 Nov '24 5
October '24 Oct '24 12
September '24 Sep '24 15
August '24 Aug '24 12
July '24 Jul '24 2

Number of HELOC Loans i

6

(Jun 2025)

-14.3%

year-over-year

y-o-y

June '25 Jun '25 6
May '25 May '25 4
April '25 Apr '25 2
March '25 Mar '25 4
February '25 Feb '25 9
January '25 Jan '25 2
December '24 Dec '24 4
November '24 Nov '24 3
October '24 Oct '24 4
September '24 Sep '24 9
August '24 Aug '24 15
July '24 Jul '24 8

Lexington, KY 40508 Real Estate Market Overview

Last 30 days

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Lexington, KY 40508 Foreclosure Activity

There were a total of 1 Lexington, KY 40508 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i

1

(Jun 2025)

-50%

year-over-year

y-o-y

June '25 Jun '25 1
May '25 May '25 3
April '25 Apr '25 1
March '25 Mar '25 1
February '25 Feb '25 4
January '25 Jan '25 2
December '24 Dec '24 6
November '24 Nov '24 3
October '24 Oct '24 1
September '24 Sep '24 3
August '24 Aug '24 2
July '24 Jul '24 1

Foreclosure Starts i

1

(Jun 2025)

year-over-year

y-o-y

June '25 Jun '25 1
May '25 May '25 N/A
April '25 Apr '25 1
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 1
November '24 Nov '24 1
October '24 Oct '24 1
September '24 Sep '24 1
August '24 Aug '24 1
July '24 Jul '24 1

Completed Foreclosures (REOs) i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 2
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 1
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A

Nearby Zip Codes

1. 40502
2. 40503
3. 40504
4. 40505
5. 40507
6. 40509

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