40517 Real Estate Market

40517 Market

The median sale price for homes in 40517 over the last 12 months is $106,750.


The median mortgage debt is $79,270.

Additional Statistics for Single Family Homes and Condos in Lexington, KY
$116,170
Median Listing Price
66
Median Days on Market
190
Active Listings
5.3%
Distressed Listings
(foreclosures and short sales)
40517 (Lexington, KY) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Lexington is $124,825. The list prices increased by 1.31% from the previous month.

The price per square foot for listings in this area is $83.

The median sale price in February for single family homes is $110,950. The sale prices increased by 30.52% from the previous month.

The price per square foot for sales in this area is $108.

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40517 (Lexington, KY) Market Inventory Trends

The number of active listings in Lexington increased by 3.3% from the previous month.

The median number of days active properties have been listed is 56. This is significantly shorter than the national average.

The number of sales in February dropped by 57.6% from the previous month.

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40517 (Lexington, KY) Property Ownership

The percent of owner occupied properties in Lexington is 27.39% below the national average.

The percent of rental properties in Lexington is 35.81% 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.