40509 Real Estate Market Overview

Could Lexington, KY 40509 be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about 40509. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 40509 such as Nich...olasville and Georgetown. When you’re ready, Trulia has 150 resale and new homes in 40509 lined up for you, including 33 open houses, and 43 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$197,000

Median Sales Price

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$109

Price Per Sqft

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$1,300

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 40509 show a -10% year-over-year drop in median sales price and a 0% rise in median rent per month.

Median Sales Price
The median sales price for homes in 40509 for Apr 28 to Jul 27 was $197,000 based on 251 home sales.
Price Per Square Ft.
Average price per square foot for 40509 was $109, an increase of 1% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 40509 for Jun 28 to Jul 28 was $1,300.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in 40509 can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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Crime data for the past year is not available at this location.


Best Schools in 40509

There are 9 schools in 40509.

Elementary Schools
9

Athens-Chilesburg Elementary School

Public, K - 5

7

Liberty Elementary School

Public, K - 5

N/A

Ridge Hospital Alt. Elementary

Public, K - 5

Middle Schools
8

Edythe Jones Hayes Middle School

Public, 6 - 8

1

Martin L King Academy For Excellence Alternative School

Public, 6 - 12

N/A

Martin Luther King Credit Recovery

Public, 6 - 12

High Schools
6

Eastside Technical Center

Public, 9 - 12

1

Martin L King Academy For Excellence Alternative School

Public, 6 - 12

N/A

Ridge Hospital Alt. High School

Public, 9 - 12


Demographics

Get to know your neighbors in 40509 by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
32%
Single residents
Home owners
78%
Home owners
Median age
34
Median age
Household income
$76,088
Median household income
College educated
61%
College educated

Commute

Most people in 40509 commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
100% commute by car
0% commute by bike
0% commute by public transportation
0% commute by foot

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