5 hours on Rocket
$3,396 Closing Credit¹
#25012170, Listing office: SimpliHOM
Lexington-Fayette Southwest Housing Market Report May 2025•Fayette County, Kentucky
Housing Prices in Lexington-Fayette Southwest, KY
How much do homes in Lexington-Fayette Southwest, KY cost?
Housing Market Conditions
Is Lexington-Fayette Southwest, KY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lexington-Fayette Southwest is a Seller's Market
Difference Since May 2024
Since last year, Lexington-Fayette Southwest has remained a Seller's Market.
Insight
Lexington-Fayette Southwest is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$371,571$181/SqFt
+$18,071
+5.1%
Based on all homes sold in the last 12 months
Insight
Homes in Lexington-Fayette Southwest have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Lexington-Fayette Southwest was $371,571 in May 2025, up 5.1% 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 | $318.9K | $330.2K | +3.5% |
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $260K | $244K | -6.2% |
| 33 Bedrooms | $310K | $325K | +4.8% |
| 44 Bedrooms | $438.7K | $458.3K | +4.5% |
| 55+ Bedrooms | $567.5K | $715.5K | +26.1% |
Summary: Lexington-Fayette Southwest 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 decreased by -6.2%. The home price for 3 bedroom homes increased by +4.8%. The home price for 4 bedroom homes increased by +4.5%. The home price for 5 bedroom homes increased by +26.1%.
How does Lexington-Fayette Southwest, 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 Southwest, KY
Housing supply in Lexington-Fayette Southwest, KY
How many homes are available in Lexington-Fayette Southwest, KY?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 168Last MonthMay 2025 | ||
| 1442 months agoApr 2025 | +16.7 % Change MoMApr – May |
Summary: The Lexington-Fayette Southwest real estate market had 168 homes for sale in May 2025, a 16.7 % increase compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 51Last MonthMay 2025 | ||
| 432 months agoApr 2025 | +18.6 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 4 | 7 | +75.0% |
| 33 Bedrooms | 63 | 76 | +20.6% |
| 44 Bedrooms | 50 | 53 | +6.0% |
| 55+ Bedrooms | 26 | 31 | +19.2% |
Summary: Lexington-Fayette Southwest 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 +75.0%. The inventory for 3 bedroom homes increased by +20.6%. The inventory for 4 bedroom homes increased by +6.0%. The inventory for 5 bedroom homes increased by +19.2%.
Asking Price vs. Sold Price
How much do homes in Lexington-Fayette Southwest, KY cost?
Over Asking Price13 Homes
At Asking Price13 Homes
Under Asking Price25 Homes
Insight
If you're buying a home in Lexington-Fayette Southwest, you may be able to get a good deal. 49% of homes here sold below asking price last month.
Summary: A total of 51 homes were sold or pending in Lexington-Fayette Southwest in May 2025, up by 18.6% month-over-month. Of the 51 sold homes, 49% were sold under asking, 25% were sold at asking, and and 25% were sold over asking.
Days on Market for Lexington-Fayette Southwest, KY
How long does it take to sell a home in Lexington-Fayette Southwest, KY?
Breakdown of Home Sale Times
Under 30 Days43 Homes
30 – 90 Days3 Homes
Over 90 Days5 Homes
Insight
Many homes in Lexington-Fayette Southwest are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 51 homes were sold in Lexington-Fayette Southwest; 84% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 24 DaysThis YearMay 2025 | ||
| 8 Days1 year agoMay 2024 | +186.8 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Lexington-Fayette Southwest had an average listing age of 24 days in May 2025, up by 186.8% compared to the previous year.
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Newest Listings in Lexington-Fayette Southwest, KY
What homes are available in Lexington-Fayette Southwest, KY?
1 day on Rocket
$4,216 Closing Credit¹
#25011363, Listing office: SimpliHOM
2 days on Rocket
$3,741 Closing Credit¹
#25012055, Listing office: Berkshire Hathaway de Movellan Properties
2 days on Rocket
$6,234 Closing Credit¹
#25011983, Listing office: Berkshire Hathaway de Movellan Properties
3 days on RocketBackup offers
$4,928 Closing Credit¹
#25011740, Listing office: The Brokerage
3 days on Rocket
$2,908 Closing Credit¹
#25011359, Listing office: Bluegrass Sotheby's International Realty
4 days on Rocket
$10,000 Closing Credit¹
#25011811, Listing office: Christies International Real Estate Bluegrass
4 days on RocketBackup offers
$3,656 Closing Credit¹
#25011742, Listing office: United Real Estate Bluegrass
4 days on RocketBackup offers
$6,876 Closing Credit¹
#25011714, Listing office: NextHome Custom Realty
5 days on RocketBackup offersTour
$4,085 Closing Credit¹
#25011609, Listing office: FC Tucker Bluegrass
6 days on Rocket
$10,000 Closing Credit¹
#25011545, Listing office: Keller Williams Bluegrass Realty
7 days on RocketBackup offers
$3,978 Closing Credit¹
#25011492, Listing office: The Local Agents
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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: 6/9/2025, 12:55:30 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: 6/9/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.