The Lexington-Fayette housing market is very competitive. The median sale price of a home in Lexington-Fayette was $345K last month, up 5.4% since last year. The median sale price per square foot in Lexington-Fayette is $195, up 4.8% since last year.
What is the housing market like in Lexington-Fayette today?
In May 2025, Lexington-Fayette home prices were up 5.4% compared to last year, selling for a median price of $345K. On average, homes in Lexington-Fayette sell after 31 days on the market compared to 24 days last year. There were 413 homes sold in May this year, up from 402 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$345,000
+5.4% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Lexington-Fayette, KY
$345,000
+5.4%
United States
To compare other locations to the Lexington-Fayette and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lexington-Fayette add value to a home.
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How hot is the Lexington-Fayette housing market?
Lexington-Fayette is very competitive. Homes sell in 27 days.
0
100
73
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 27 days.
Hot homes
can sell for about 1% above list price and go pending in around 6 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Lexington-Fayette, KY
99.1%
+0.04 pt
United States
Lexington-Fayette Migration & Relocation Trends
In Feb '25 - Apr '25, 42% of Lexington-Fayette homebuyers searched to move out of Lexington-Fayette, while 58% looked to stay within the metropolitan area.
Where are people moving to Lexington-Fayette from?
Across the nation, 0.17% of homebuyers searched to move into Lexington-Fayette from outside metros.
Louisville homebuyers searched to move into Lexington-Fayette more than any other metro followed by Chicago and Washington.
Where are people from Lexington-Fayette moving to?
58% of Lexington-Fayette homebuyers searched to stay within the Lexington-Fayette metropolitan area.
Cleveland was the most popular destination among Lexington-Fayette homebuyers followed by London and Danville.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Lexington-Fayette
Explore recent offers and recently sold homes in Lexington-Fayette
Recent offers
Winning Offer|
9 Weeks Ago
~$650K Offer
5bd | 3.5ba | ~3,500sqft
Under List Price
4%
Days on Market
2
Competing Offers
0
Down Payment
—
Stacey Jones
Lexington-Fayette Redfin Agent
View houses in Lexington-Fayette that sold recently
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lexington-Fayette housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lexington-Fayette.
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lexington-Fayette has a minor risk of flooding. 7,022 properties in Lexington-Fayette are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Lexington-Fayette. Flood risk is increasing slower than the national average.
21% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lexington-Fayette has a moderate risk of wildfire. There are 24,414 properties in Lexington-Fayette that have some risk of being affected by wildfire over the next 30 years. This represents 21% of all properties in Lexington-Fayette.
98% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Lexington-Fayette has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lexington-Fayette is most at risk from hurricanes. 111,504 properties in Lexington-Fayette have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 61 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 69 mph.
99% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Lexington-Fayette has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Lexington-Fayette have a Moderate Heat Factor®.
Lexington-Fayette is expected to see a 185% increase in the number of days over 101ºF over the next 30 years. Lexington-Fayette is expected to experience 8