18 minutes on Rocket
$7,599 Closing Credit¹
#25007570, Listing Office: Building The Bluegrass Realty
Lexington-Fayette Housing Market Report March 2025•Fayette County, Kentucky
Housing Prices in Lexington-Fayette, KY
How much do homes in Lexington-Fayette, KY cost?
Housing Market Conditions
Is Lexington-Fayette, KY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lexington-Fayette is a Seller's Market
Difference Since March 2024
Since last year, Lexington-Fayette has remained a Seller's Market.
Insight
Lexington-Fayette is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$329,883$152/SqFt
+$14,758
+4.7%
Based on all homes sold in the last 12 months
Insight
Homes in Lexington-Fayette have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Lexington-Fayette was $329,883 in March 2025, up 4.7% from last year, and the median price per square foot was $152.
Median Sold Price By Cities
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Lexington-Fayette Southeast | $281K | $301.6K | +7.3% |
| Lexington | $315.1K | $329.8K | +4.7% |
| Lexington-Fayette | $315.1K | $329.8K | +4.7% |
| Lexington-Fayette Central | $303.8K | $315.9K | +4.0% |
| Lexington-Fayette Northeast | $364.6K | $368.8K | +1.1% |
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $175K | $160K | -8.6% |
| 22 Bedrooms | $210.2K | $217.8K | +3.6% |
| 33 Bedrooms | $282.6K | $300K | +6.1% |
| 44 Bedrooms | $409.6K | $414.8K | +1.3% |
| 55+ Bedrooms | $563.6K | $599K | +6.3% |
Summary: Lexington-Fayette housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -8.6%. The home price for 2 bedroom homes increased by +3.6%. The home price for 3 bedroom homes increased by +6.1%. The home price for 4 bedroom homes increased by +1.3%. The home price for 5 bedroom homes increased by +6.3%.
How does Lexington-Fayette, KY compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Lexington-Fayette, KY
Housing supply in Lexington-Fayette, KY
How many homes are available in Lexington-Fayette, KY?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 960Last MonthMar 2025 | ||
| 8082 months agoFeb 2025 | +18.8 % Change MoMFeb – Mar |
Summary: The Lexington-Fayette real estate market had 960 homes for sale in Mar 2025, a 18.8 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 220Last MonthMar 2025 | ||
| 1992 months agoFeb 2025 | +10.6 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 25 | 24 | -4.0% |
| 22 Bedrooms | 103 | 124 | +20.4% |
| 33 Bedrooms | 353 | 403 | +14.2% |
| 44 Bedrooms | 233 | 290 | +24.5% |
| 55+ Bedrooms | 94 | 119 | +26.6% |
Summary: Lexington-Fayette housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -4.0%. The inventory for 2 bedroom homes increased by +20.4%. The inventory for 3 bedroom homes increased by +14.2%. The inventory for 4 bedroom homes increased by +24.5%. The inventory for 5 bedroom homes increased by +26.6%.
Asking Price vs. Sold Price
How much do homes in Lexington-Fayette, KY cost?
Over Asking Price63 Homes
At Asking Price57 Homes
Under Asking Price100 Homes
Insight
If you're buying a home in Lexington-Fayette, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 220 homes were sold or pending in Lexington-Fayette in March 2025, up by 10.6% month-over-month. Of the 220 sold homes, 45% were sold under asking, 26% were sold at asking, and and 29% were sold over asking.
Days on Market for Lexington-Fayette, KY
How long does it take to sell a home in Lexington-Fayette, KY?
Breakdown of Home Sale Times
Under 30 Days145 Homes
30 – 90 Days37 Homes
Over 90 Days31 Homes
Insight
Many homes in Lexington-Fayette are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 220 homes were sold in Lexington-Fayette; 66% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 34 DaysThis YearMar 2025 | ||
| 25 Days1 year agoMar 2024 | +36.9 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Lexington-Fayette had an average listing age of 34 days in Mar 2025, up by 36.9% compared to the previous year.
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Newest Listings in Lexington-Fayette, KY
What homes are available in Lexington-Fayette, KY?
1 hour on Rocket
$3,800 Closing Credit¹
#25007568, Listing Office: The Brokerage
6 hours on Rocket
$5,463 Closing Credit¹
#25006842, Listing Office: Haymaker Residential Real Estate
7 hours on Rocket
$4,750 Closing Credit¹
#25007562, Listing Office: The Agency
9 hours on Rocket
$3,681 Closing Credit¹
#25007560, Listing Office: Bluegrass Menu Realty
14 hours on Rocket
$6,056 Closing Credit¹
#25007546, Listing Office: Keller Williams Commonwealth
14 hours on Rocket
$4,691 Closing Credit¹
#25007544, Listing Office: Keller Williams Commonwealth
14 hours on Rocket
$3,313 Closing Credit¹
#25007542, Listing Office: Guide Realty, Inc.
15 hours on Rocket
$4,309 Closing Credit¹
#25007537, Listing Office: Christies International Real Estate Bluegrass
17 hours on Rocket
$5,699 Closing Credit¹
#25007522, Listing Office: Building The Bluegrass Realty
17 hours on Rocket
$5,580 Closing Credit¹
#25007523, Listing Office: Bluegrass Sotheby's International Realty
17 hours on RocketBackup offersTour
$6,519 Closing Credit¹
#25007513, Listing Office: ERA Select Real Estate
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MLS Disclaimers and Copyright
Based on information from Imagine MLS, and Metro Search MLS for the period 04/01/2023 - 04/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2025 LBAR Multiple Listing Service. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/16/2025, 9:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Metro Search, Inc. All Rights Reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/16/2025, 9:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.