Market report · KY

Lexington, KY

Balanced's market

Lexington's market is in transition: +2.5% YoY, median DOM 12 days. Selective deals only.

DATA · Zillow Research (via scrape.do) · AS OF APRIL 2026

$333k
Typical home value
↑13.7%
+2.5%
YoY change
$1,515
Median rent
↑14.4%
5.46%
Gross yield
12
Median DOM
66/100
MDR score
Detail Value Detail Value
Median list price $375,134 Median sale price $319,167
Sale-to-list ratio 0.984 % sold below list +64.4%
Active inventory 844 New listings 343
Trends · 36-month series

How Lexington has moved.

Typical home value $293k → $333k · ↑13.7% (36mo)
$293k $306k $319k $333k May 23Nov 24Apr 26
Median rent (ZORI) $1k → $2k · ↑14.4% (36mo)
$1k $1k $1k $2k May 23Nov 24Apr 26
Median days on market 29d → 12d · ↓59.4% (36mo)
12d 18d 23d 29d Feb 26Mar 26Apr 26
Sale-to-list ratio 0.983 → 0.984 · ↑0.0% (36mo)
0.982 0.983 0.983 0.984 Jan 26Feb 26Mar 26

Lexington sits at a median home value of $332,727 as of the latest Zillow read, essentially flat year-over-year, which historically is the most workable environment for disciplined wholesalers.

The sale-to-list ratio of 0.984 signals a balanced market — neither bid wars nor fire sales dominate. 64.4% of closings land below list, leaving room to negotiate on the right deal but no broad discount across the board.

Rents are workable but not generous. ZORI of $1,515/mo against a $333k median gives a 5.46% gross yield — average for the metro tier, requiring tight underwriting on any hold.

Median days-on-market is running around 12 days against 844 active listings — that’s a fast-moving market. Speed is the moat; pre-arranged proof of funds and a tight buyers list are the difference between getting under contract and getting outbid.

MDR’s composite investor score for Lexington is 66/100 based on rent yield, sale-to-list discount, motivated-seller proxies, and DOM. Solid mid-tier. A disciplined operator can build a real book here; a tourist will get hurt.

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FAQ

Lexington for investors.

Is Lexington a good market for real estate investors in 2026?

Metro Deal Report's composite investor score for Lexington is 66/100, based on rent yield, sale-to-list ratio, motivated-seller proxies, and days on market. Lexington is a solid mid-tier market — workable for disciplined operators but not a top-of-list pick.

What is the median home price in Lexington?

The typical home value in Lexington as of the most recent Zillow read is $332,727. Median list price is $375,134 and median sale price is $319,167. Year-over-year change: +2.5%.

What can a landlord expect to rent a property for in Lexington?

Zillow's Observed Rent Index for Lexington is $1,515/mo. Against the typical home value of $333k, that produces a gross annual rent yield of 5.46% — right at the national baseline, requiring tight underwriting on holds.

Is Lexington a buyer's or seller's market?

Lexington's current sale-to-list ratio is 0.984 with 64.4% of homes closing below list. That's a balanced market — neither side dominates. Median days on market: 12 days. Active inventory: 844 listings.

Which investment strategy works best in Lexington?

Lexington's data favors flipping — appreciation tailwind with fast exits, though competition is real. See the per-strategy breakdowns at /wholesaling/lexington, /brrrr/lexington, and /flipping/lexington.

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