LexingtonKentucky market area
15 ZIP codes · in the Lexington-Fayette, KY metro (CBSA 30460)
Truehold’s Lexington market area covers 15 ZIP codes in Kentucky.
Figures below combine those 15 ZIP codes. Read them as a picture of this market area, not of the full metro.
- Rent growth & home prices
- through Aug 31, 2026
- Population
- Census 2024
- Listings
- current · last 90 days
- Average estimated home value
- $366,707
- AVM, averaged across 142,776 homes
- Average estimated monthly rent
- $2,584
- Rent AVM, averaged across the same homes
- Gross yield
- 8.45%
- 12 × rent estimate ÷ value estimate
- Rent growth · 12 months Approx.
- ≈ 3.93%
- Through Aug 31, 2026 · covers 98% of homes
Lexington in Truehold’s top 10
The four rental measures behind the market score, next to the typical Truehold market: the median across the 19 markets with at least 100 rentals in the last 90 days. These describe recent rental conditions, not a forecast.
#7 of Truehold’s top 10 marketsScore 63.6
- Rent growth · 12 monthsApprox.
- Lexington
- ≈ 3.93%
- Typical market
- 2.80%
Rents grew faster than in a typical market.
- Gross yield
- Lexington
- 8.45%
- Typical market
- 8.70%
About the same as a typical market.
- Average days on market · rented last 90 days
- Lexington
- 50.4
- Typical market
- 59.2
Faster to lease than a typical market.
- Rentals per 1,000 homes · last 90 days
- Lexington
- 2.19
- Typical market
- 1.89
More recent rentals for its size than a typical market: 313 across 142,776 homes.
Housing profile
The homes covered by the 15 ZIP codes’ market data. Unit counts are added together; estimates and home features are averages weighted by each ZIP’s units.
- Total units
- 142,776
- Institutional ownership
- 0%
- AVM
- $366,707
- Rent AVM
- $2,584
- Gross yield
- 8.45%
- Average bedrooms
- 3.3
- Average bathrooms
- 2.3
- Average square feet
- 1,850
- Average year built
- 1985
Market direction
Growth over the stated period, ending Aug 31, 2026. These are separate period measures, not a monthly time series. Each figure averages the ZIPs’ own growth rates, weighted by units, so it approximates the market-wide change.
- Home price growth · year over yearApprox.
- ≈ 3.74%
- Rent growth · 1 monthApprox.
- ≈ 0.59%
- Rent growth · 3 monthsApprox.
- ≈ 1.52%
- Rent growth · 6 monthsApprox.
- ≈ 2.68%
- Rent growth · 12 monthsApprox.
- ≈ 3.93%
- Home price growth covers
- 100.00% of units
- 12-month rent growth covers
- 98.5% of units
The rental & sale market
Current listings alongside a recent sample: rentals marked rented in the last 90 days, and sold homes first listed in the last 90 days. Counts are added across ZIPs; days on market, asking prices and institutional shares are averages weighted by each ZIP’s listing count. Sample sizes and property mix differ; these columns are not a growth calculation.
| Measure | Current | Rented · last 90 days |
|---|---|---|
| Listings | 409 | 313 |
| Average days on market | 15.1 | 50.4 |
| Institutional share of listings | 0% | 0% |
| Current monthly asking rent (average now · median recent) | $2,073 | Not combined |
| Measure | Current | Sold · listed in last 90 days |
|---|---|---|
| Listings | 1,179 | 460 |
| Average days on market | 81.1 | Not reported |
| Institutional share of listings | 0% | Not reported |
| Current asking price | $614,942 | Not reported |
| Median sold listing price | Not reported | Not combined |
“Not combined” marks ZIP-level medians: a median of medians isn’t the market’s median, so they appear only on each ZIP’s page. Missing prices are not zero-dollar listings.
People & supply
Population from the 2024 Census estimates, and new listing activity reported for the 15 ZIP codes. Household income is a median, so it stays on each ZIP’s page.
- Population
- 449,094
- Population growth · year over yearApprox.
- ≈ 1.19%
- New listings · last 12 months
- 6,274
- New listings · share of units
- 4.39%
All 15 ZIP codes
Sorted by hot-rental score. Select a column heading to re-sort.
| 40391 | Winchester | 81.9 | 6.18% | 10.04% | 26 | 18 | $255,647 |
|---|---|---|---|---|---|---|---|
| 40514 | Lexington | 75.8 | 10.85% | 8.76% | 32 | 16 | $360,207 |
| 40504 | Lexington | 73.6 | 4.63% | 9.29% | 39 | 21 | $289,453 |
| 40517 | Lexington | 70.0 | 2.20% | 9.97% | 41 | 39 | $250,603 |
| 40324 | Georgetown | 65.9 | 3.04% | 8.57% | 38 | 29 | $363,064 |
| 40515 | Lexington | 64.4 | 3.05% | 8.31% | 33 | 26 | $407,332 |
| 40356 | Nicholasville | 64.3 | 4.33% | 8.35% | 46 | 31 | $403,734 |
| 40502 | Lexington | 63.2 | 6.03% | 6.65% | 36 | 25 | $636,947 |
| 40509 | Lexington | 60.2 | 2.58% | 8.08% | 41 | 38 | $428,522 |
| 40505 | Lexington | 56.2 | 4.88% | 10.18% | 165 | 19 | $238,821 |
| 40503 | Lexington | 53.7 | 3.18% | 8.64% | 48 | 13 | $350,878 |
| 40511 | Lexington | 51.4 | 3.19% | 8.76% | 77 | 32 | $329,463 |
| 40348 | Millersburg | — | — | 13.98% | — | 0 | $153,202 |
| 40383 | Versailles | — | 0.66% | 7.52% | 54 | 6 | $425,441 |
| 40390 | Wilmore | — | — | 8.60% | — | 0 | $350,531 |