1 hour on Rocket
$3,739 Closing Credit¹
#25014048, Listing office: The Brokerage
Lexington-Fayette Northwest Housing Market Report May 2025•Fayette County, Kentucky
Housing Prices in Lexington-Fayette Northwest, KY
How much do homes in Lexington-Fayette Northwest, KY cost?
Housing Market Conditions
Is Lexington-Fayette Northwest, KY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lexington-Fayette Northwest is a Seller's Market
Difference Since May 2024
Since last year, Lexington-Fayette Northwest has remained a Seller's Market.
Insight
Lexington-Fayette Northwest is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$325,648$181/SqFt
+$25,923
+8.6%
Based on all homes sold in the last 12 months
Insight
Homes in Lexington-Fayette Northwest have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in Lexington-Fayette Northwest was $325,648 in May 2025, up 8.6% from last year, and the median price per square foot was $181.
Median Sold Price By Cities
| City | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| Lexington-Fayette Northwest | $299.7K | $325.6K | +8.6% |
| Lexington-Fayette Central | $308.3K | $325K | +5.4% |
| Lexington-Fayette Southwest | $353.5K | $371.5K | +5.1% |
| Lexington-Fayette | $318.3K | $330.7K | +3.9% |
| Lexington-Fayette Northeast | $360.8K | $362.8K | +0.6% |
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $239K | $274.9K | +15.0% |
| 33 Bedrooms | $275.5K | $295K | +7.1% |
| 44 Bedrooms | $358K | $369.3K | +3.2% |
| 55+ Bedrooms | $410K | $488.2K | +19.1% |
Summary: Lexington-Fayette Northwest housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +15.0%. The home price for 3 bedroom homes increased by +7.1%. The home price for 4 bedroom homes increased by +3.2%. The home price for 5 bedroom homes increased by +19.1%.
How does Lexington-Fayette Northwest, 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 Northwest, KY
Housing supply in Lexington-Fayette Northwest, KY
How many homes are available in Lexington-Fayette Northwest, KY?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 124Last MonthMay 2025 | ||
| 1222 months agoApr 2025 | +1.6 % Change MoMApr – May |
Summary: The Lexington-Fayette Northwest real estate market had 124 homes for sale in May 2025, a 1.6 % increase compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 41Last MonthMay 2025 | ||
| 312 months agoApr 2025 | +32.3 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 11 | 12 | +9.1% |
| 33 Bedrooms | 57 | 62 | +8.8% |
| 44 Bedrooms | 45 | 43 | -4.4% |
| 55+ Bedrooms | 9 | 7 | -22.2% |
Summary: Lexington-Fayette Northwest housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +9.1%. The inventory for 3 bedroom homes increased by +8.8%. The inventory for 4 bedroom homes decreased by -4.4%. The inventory for 5 bedroom homes decreased by -22.2%.
Asking Price vs. Sold Price
How much do homes in Lexington-Fayette Northwest, KY cost?
Over Asking Price17 Homes
At Asking Price8 Homes
Under Asking Price16 Homes
Insight
If you're buying a home in Lexington-Fayette Northwest, you could pay more than the asking price. 41.5% of homes here sold above asking price last month.
Summary: A total of 41 homes were sold or pending in Lexington-Fayette Northwest in May 2025, up by 32.3% month-over-month. Of the 41 sold homes, 39% were sold under asking, 20% were sold at asking, and and 41% were sold over asking.
Days on Market for Lexington-Fayette Northwest, KY
How long does it take to sell a home in Lexington-Fayette Northwest, KY?
Breakdown of Home Sale Times
Under 30 Days32 Homes
30 – 90 Days6 Homes
Over 90 Days3 Homes
Insight
Many homes in Lexington-Fayette Northwest are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 41 homes were sold in Lexington-Fayette Northwest; 78% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 25 DaysThis YearMay 2025 | ||
| 18 Days1 year agoMay 2024 | +35.1 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Lexington-Fayette Northwest had an average listing age of 25 days in May 2025, up by 35.1% compared to the previous year.
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Newest Listings in Lexington-Fayette Northwest, KY
What homes are available in Lexington-Fayette Northwest, KY?
1 day on Rocket
$2,553 Closing Credit¹
#25013975, Listing office: Tru Life Real Estate
2 days on Rocket
$3,502 Closing Credit¹
#25013251, Listing office: RE/MAX Elite Lexington
3 days on Rocket
$4,334 Closing Credit¹
#25013868, Listing office: Bluegrass Home Group
3 days on Rocket
$6,175 Closing Credit¹
#25013850, Listing office: Emmerich Muzic Realty
3 days on RocketBackup offersTour
$3,918 Closing Credit¹
#25013840, Listing office: ERA Select Real Estate
3 days on Rocket
$10,000 Closing Credit¹
#25013810, Listing office: The Agency
3 days on Rocket
$4,274 Closing Credit¹
#25013802, Listing office: United Real Estate Bluegrass
3 days on RocketTour
$3,526 Closing Credit¹
#25013762, Listing office: ERA Select Real Estate
4 days on Rocket
$5,047 Closing Credit¹
#25013701, Listing office: The Brokerage
4 days on Rocket
#25013252, Listing office: Keller Williams Bluegrass Realty
4 days on RocketBackup offers
$4,067 Closing Credit¹
#25013688, Listing office: The Brokerage
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MLS Disclaimers and Copyright
Based on information from Imagine MLS, and Metro Search MLS for the period 06/01/2023 - 06/01/2025
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: 6/30/2025, 2:45:33 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: 6/30/2025, 2:40:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.