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Lexington, KY 40509 Real Estate & Property Data

Lexington, KY 40509 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 627 residential properties have been sold over the past 12 months in 40509. With a median sales price of $392,500 in 40509 and a total of 3 foreclosures in Lexington, KY 40509. Discover market trends and get the granular level real estate data for Lexington, KY 40509 to keep your pulse on the housing market. Curate compelling home reports for Lexington, KY 40509 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Lexington, KY 40509 Real Estate Market Trends

Get property data for any address in Lexington, KY 40509 or the country:

Total Residential Properties 14,240

Total Commercial Properties 929

Avg. Home Age (Single Family Home) 24 Years

Avg. Square Feet (Single Family Home) 2,143

Total 2025 Residential Sales (year-to-date) 98

% of Homes Seriously Underwater (Q2 2025) 1.66%

Total 2024 Residential Sales 561

% of Equity Rich Homes (Q2 2025) 35.86%

Effective 2024 Property Tax 0.96%

Total Foreclosure Filings (year-to-date) 3

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Lexington, KY 40509 Real Estate Overview

There were 627 residential properties sold in the past year in Lexington, KY 40509. The median home value in Lexington, KY 40509 is $368,060. There are a total of 14,240 residential properties in the 40509.

Median Sales Price i

$392,500

(Feb 2025)

-0.6%

year-over-year

y-o-y

February '25 Feb '25 $392,500
January '25 Jan '25 $420,000
December '24 Dec '24 $480,000
November '24 Nov '24 $524,000
October '24 Oct '24 $426,500
September '24 Sep '24 $356,000
August '24 Aug '24 $468,000
July '24 Jul '24 $409,500
June '24 Jun '24 $447,600
May '24 May '24 $410,000
April '24 Apr '24 $382,000
March '24 Mar '24 $455,000

Median Down Payment i

$71,271

(Feb 2025)

+27.3%

year-over-year

y-o-y

February '25 Feb '25 $71,271
January '25 Jan '25 $78,025
December '24 Dec '24 $43,000
November '24 Nov '24 $101,675
October '24 Oct '24 $75,025
September '24 Sep '24 $33,250
August '24 Aug '24 $120,000
July '24 Jul '24 $74,230
June '24 Jun '24 $96,312
May '24 May '24 $66,992
April '24 Apr '24 $52,200
March '24 Mar '24 $69,000

Number of Homes Sold i

40

(Feb 2025)

+14.3%

year-over-year

y-o-y

February '25 Feb '25 40
January '25 Jan '25 58
December '24 Dec '24 57
November '24 Nov '24 34
October '24 Oct '24 62
September '24 Sep '24 43
August '24 Aug '24 52
July '24 Jul '24 69
June '24 Jun '24 53
May '24 May '24 45
April '24 Apr '24 42
March '24 Mar '24 37

Number of Purchase Loans i

28

(Feb 2025)

-28.2%

year-over-year

y-o-y

February '25 Feb '25 28
January '25 Jan '25 54
December '24 Dec '24 44
November '24 Nov '24 31
October '24 Oct '24 60
September '24 Sep '24 37
August '24 Aug '24 43
July '24 Jul '24 60
June '24 Jun '24 56
May '24 May '24 50
April '24 Apr '24 62
March '24 Mar '24 64

Number of REFI Loans i

28

(Feb 2025)

-9.7%

year-over-year

y-o-y

February '25 Feb '25 28
January '25 Jan '25 37
December '24 Dec '24 41
November '24 Nov '24 37
October '24 Oct '24 44
September '24 Sep '24 38
August '24 Aug '24 25
July '24 Jul '24 25
June '24 Jun '24 24
May '24 May '24 52
April '24 Apr '24 22
March '24 Mar '24 28

Number of HELOC Loans i

22

(Feb 2025)

year-over-year

y-o-y

February '25 Feb '25 22
January '25 Jan '25 33
December '24 Dec '24 28
November '24 Nov '24 23
October '24 Oct '24 33
September '24 Sep '24 27
August '24 Aug '24 40
July '24 Jul '24 32
June '24 Jun '24 29
May '24 May '24 40
April '24 Apr '24 22
March '24 Mar '24 25

Lexington, KY 40509 Real Estate Market Overview

Last 30 days

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Lexington, KY 40509 Foreclosure Activity

There were a total of 3 Lexington, KY 40509 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

3

(Feb 2025)

-57.1%

year-over-year

y-o-y

February '25 Feb '25 3
January '25 Jan '25 N/A
December '24 Dec '24 4
November '24 Nov '24 2
October '24 Oct '24 4
September '24 Sep '24 3
August '24 Aug '24 1
July '24 Jul '24 3
June '24 Jun '24 6
May '24 May '24 3
April '24 Apr '24 9
March '24 Mar '24 7

Foreclosure Starts i

2

(Feb 2025)

+100%

year-over-year

y-o-y

February '25 Feb '25 2
January '25 Jan '25 N/A
December '24 Dec '24 1
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 1
July '24 Jul '24 N/A
June '24 Jun '24 5
May '24 May '24 2
April '24 Apr '24 3
March '24 Mar '24 1

Completed Foreclosures (REOs) i

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 N/A
September '24 Sep '24 N/A
August '24 Aug '24 1
July '24 Jul '24 N/A
June '24 Jun '24 N/A
May '24 May '24 N/A
April '24 Apr '24 1
March '24 Mar '24 N/A

Nearby Zip Codes

1. 40502
2. 40503
3. 40504
4. 40505
5. 40507
6. 40508

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