40515 Real Estate Market

40515 Market

The median sale price for homes in 40515 over the last 12 months is $160,000.


The median mortgage debt is $116,435.

Additional Statistics for Single Family Homes and Condos in Lexington, KY
$206,650
Median Listing Price
70
Median Days on Market
245
Active Listings
9.0%
Distressed Listings
(foreclosures and short sales)
40515 (Lexington, KY) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Lexington is $205,726. The list prices dropped by -4.31% from the previous month.

The price per square foot for listings in this area is $104.

The median sale price in February for single family homes is $157,000. The sale prices increased by 17.38% from the previous month.

The price per square foot for sales in this area is $65.

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40515 (Lexington, KY) Market Inventory Trends

The number of active listings in Lexington increased by 6.5% from the previous month.

The median number of days active properties have been listed is 62. This is significantly shorter than the national average.

The number of sales in February dropped by 52.6% from the previous month.

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40515 (Lexington, KY) Property Ownership

The percent of unoccupied properties is very low in Lexington. It is -8.86% below the national average.

The percent of rental properties in Lexington is 11.31% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.