Homes for sale in 40516, KY

14 Listings

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Median Sold Price

$294.9K

Avg. Sale Time

44 Days

Based on our May 2025 Market Report.

1-14 of 14 Results

40516, KY Real Estate Market Overview

There are 14 homes for sale in 40516, KY. The following market insights reflect all property types in the 40516, KY real estate market. The number of homes for sale in 40516, KY decreased by 9.1% between April 2025 and May 2025. In May 2025, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $294,950. Over 0 listings were sold over their listed price in May 2025 in 40516, KY. In the same period over 1 listings were sold below the listed price and 2 listings were sold for the listed price.
From Rocket Homes Real Estate and based on county public records data

What is it like to live in 40516, KY

40516 is located in Kentucky. There are roughly 2,626 residents, living in 1,081 households. The average temperature for 40516 this time of the year is low of 61F and high of 83F. On average, 40516 gets about 4.32 inches of precipitation in June. Most residents are home owners (74%), have a post secondary degree (59%) and are single, no kids (37%).

Data provided by Home Junction

Schools near 40516, KY

Elementary Schools

  • Mary Todd Elementary School

    551 Parkside Dr

    Public District PK-5

  • Yates Elementary School

    695 E New Circle Rd

    Public District PK-5

  • Deep Springs Elementary School

    1919 Brynell Dr

    Public District PK-5

Middle Schools

  • Crawford Middle School

    1813 Charleston Dr

    Public District 6-8

  • Bryan Station Middle School

    1865 Wickland Dr

    Public Magnet 6-8

High Schools

  • Carter G. Woodson Academy

    2000 Winchester Rd

    Public District 6-12

  • Frederick Douglass High School

    2000 Winchester Rd

    Public Magnet 9-12

Data provided by Great Schools

Housing market reports in Fayette County

Homes for sale near 40516, KY

Top real estate cities in Kentucky

MLS Disclaimers & Copyright

IDX 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: 6/17/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

1The following offers are available only to clients who are purchasing a home and financing with Rocket Mortgage: (1) Client purchasing with a Rocket Homes Partner Agent through Rocket Homes will receive a lender paid credit that is 1.25% of their loan amount. For example, a $200,000 home purchase price minus a 5% down payment of $10,000 results in a loan amount of $190,000. Client would receive a credit of 1.25% of the $190,000, for a credit of $2,375 toward closing costs. (2) Client is referred by a real estate agent to buy a new home will receive a lender paid credit that is 0.50% of their loan amount. Offer does not apply to new loans submitted through an Executive Loan Officer, mortgage broker, through Schwab, or on nonagency jumbo loans, non-QM loans, bank statement loans, second lien products or team member loans. Offer may not be redeemed for cash and is nontransferable. Offer cannot be retroactively applied to loans where the rate has been locked. Conditions and exclusions apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines.

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*Based on Rocket Mortgage data in comparison to public data records.

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