New - 2 hours on Rocket
$2,552 Closing Credit¹
#25004550, Listing Office: Hendricks Real Estate Team
Lexington-Fayette Central Housing Market Report February 2025•Fayette County, Kentucky
Housing Prices in Lexington-Fayette Central, KY
How much do homes in Lexington-Fayette Central, KY cost?
Housing Market Conditions
Is Lexington-Fayette Central, KY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lexington-Fayette Central is a Neutral Market
Difference Since February 2024
At the same time last year, Lexington-Fayette Central was a Seller's Market.
Insight
Lexington-Fayette Central is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$314,983$156/SqFt
+$14,998
+5.0%
Based on all homes sold in the last 12 months
Insight
Homes in Lexington-Fayette Central have sold for 5% more than they did a year ago.
Summary: The median home sold price in Lexington-Fayette Central was $314,983 in February 2025, up 5% from last year, and the median price per square foot was $156.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Lexington-Fayette Northwest | $290K | $320K | +10.3% |
| Lexington | $313.1K | $329.4K | +5.2% |
| Lexington-Fayette | $313K | $329.3K | +5.2% |
| Lexington-Fayette Central | $299.9K | $314.9K | +5.0% |
| Lexington-Fayette Southwest | $345K | $355.8K | +3.1% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $179K | $162.5K | -9.2% |
| 22 Bedrooms | $228K | $235K | +3.1% |
| 33 Bedrooms | $289.9K | $305K | +5.2% |
| 44 Bedrooms | $405.3K | $449.8K | +11.0% |
| 55+ Bedrooms | $597.5K | $715K | +19.7% |
Summary: Lexington-Fayette Central housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -9.2%. The home price for 2 bedroom homes increased by +3.1%. The home price for 3 bedroom homes increased by +5.2%. The home price for 4 bedroom homes increased by +11.0%. The home price for 5 bedroom homes increased by +19.7%.
Housing supply in Lexington-Fayette Central, KY
How many homes are available in Lexington-Fayette Central, KY?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 236Last MonthFeb 2025 | ||
| 2322 months agoJan 2025 | +1.7 % Change MoMJan – Feb |
Summary: The Lexington-Fayette Central real estate market had 236 homes for sale in Feb 2025, a 1.7 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 37Last MonthFeb 2025 | ||
| 662 months agoJan 2025 | -43.9 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 30 | 25 | -16.7% |
| 22 Bedrooms | 35 | 33 | -5.7% |
| 33 Bedrooms | 87 | 92 | +5.7% |
| 44 Bedrooms | 48 | 54 | +12.5% |
| 55+ Bedrooms | 32 | 32 | 0.0% |
Summary: Lexington-Fayette Central housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -16.7%. The inventory for 2 bedroom homes decreased by -5.7%. The inventory for 3 bedroom homes increased by +5.7%. The inventory for 4 bedroom homes increased by +12.5%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Lexington-Fayette Central, KY cost?
Over Asking Price4 Homes
At Asking Price10 Homes
Under Asking Price23 Homes
Insight
If you're buying a home in Lexington-Fayette Central, you may be able to get a good deal. 62.2% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in Lexington-Fayette Central in February 2025, down by 43.9% month-over-month. Of the 37 sold homes, 62% were sold under asking, 27% were sold at asking, and and 11% were sold over asking.
Days on Market for Lexington-Fayette Central, KY
How long does it take to sell a home in Lexington-Fayette Central, KY?
Breakdown of Home Sale Times
Under 30 Days21 Homes
30 – 90 Days12 Homes
Over 90 Days3 Homes
Insight
Many homes in Lexington-Fayette Central are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 37 homes were sold in Lexington-Fayette Central; 57% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 34 DaysThis YearFeb 2025 | ||
| 29 Days1 year agoFeb 2024 | +16.7 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Lexington-Fayette Central had an average listing age of 34 days in Feb 2025, up by 16.7% compared to the previous year.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Lexington-Fayette Central, KY
What homes are available in Lexington-Fayette Central, KY?
New - 5 hours on Rocket
$4,214 Closing Credit¹
#25004538, Listing Office: Bluegrass Sotheby's International Realty
New - 8 hours on Rocket
$3,918 Closing Credit¹
#25004504, Listing Office: CENTURY 21 Simpson & Associates
New - 8 hours on Rocket
$3,254 Closing Credit¹
#25004505, Listing Office: Guide Realty, Inc.
New - 8 hours on Rocket
$4,036 Closing Credit¹
#25004499, Listing Office: Bluegrass Property Exchange
New - 10 hours on Rocket
$1,781 Closing Credit¹
#25004493, Listing Office: The Real Estate Co.
New - 11 hours on Rocket3D tour
$5,914 Closing Credit¹
#25004492, Listing Office: Prime Realty Group, LLC
New - 12 hours on Rocket
$4,274 Closing Credit¹
#25004485, Listing Office: Keller Williams Legacy Group
New - 1 day on Rocket
$4,511 Closing Credit¹
#25004436, Listing Office: National Real Estate
New - 1 day on Rocket
$1,484 Closing Credit¹
#25004433, Listing Office: Lois Ann Disponett Real Est
New - 1 day on Rocket
#25004383, Listing Office: Lifstyl Real Estate
New - 2 days on Rocket
$3,503 Closing Credit¹
#25004347, Listing Office: Bluegrass Properties Group
Popular Cities with Homes for Sale in Kentucky
- Homes for sale in Bardstown, KY
- Homes for sale in Berea, KY
- Homes for sale in Corbin, KY
- Homes for sale in Covington, KY
- Homes for sale in Danville, KY
- Homes for sale in Frankfort, KY
- Homes for sale in Ft Mitchell, KY
- Homes for sale in Georgetown, KY
- Homes for sale in Independence, KY
- Homes for sale in Lexington, KY
- Homes for sale in Louisville, KY
- Homes for sale in Middlesboro, KY
- Homes for sale in Murray, KY
- Homes for sale in Nancy, KY
- Homes for sale in New Concord, KY
- Homes for sale in Newport, KY
- Homes for sale in Nicholasville, KY
- Homes for sale in Paducah, KY
- Homes for sale in Richmond, KY
- Homes for sale in Somerset, KY
- Homes for sale in Winchester, KY
MLS Disclaimers and Copyright
Based on information from Imagine MLS, and Metro Search MLS for the period 03/01/2023 - 03/01/2025
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: 3/11/2025, 9:20:55 PM 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: 3/11/2025, 9:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.