Lexington, 40516 Real Estate Overview


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Average Listing Price

  • $866,587
  • for week ending May 27
  • +$65,361
  • +8.2%
  • w-o-w

Median Sales Price

  • $116,500
  • Feb '15 - May '15
  • +$1,000
  • +0.9%
  • y-o-y

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Most popular zip codes Avg. listing Price
Week ending May 27
w-o-w
40509 $327,731 +0.9%
40515 $348,904 -0.9%
40502 $472,047 -2.0%
40511 $451,247 +7.1%
40517 $127,606 -2.5%
Movers & Shakers Avg. listing price
Week ending May 27
w-o-w
40510 $1,697,666 +13.0%
40516 $866,587 +8.2%
40511 $451,247 +7.1%
40513 $438,251 -5.8%
40507 $423,743 +3.0%
View Fayette County Home Prices Map

Summary for Lexington, 40516


The median sales price for homes in ZIP code 40516 in Lexington from Feb 15 to May 15 was $116,500 based on 9 sales. Compared to the same period one year ago, the median sales price increased 0.9%, or $1,000, and the number of sales increased 80%. Average price per square foot for homes in 40516 was $83, an increase of 2.5% compared to the same period last year. There are currently 45 resale and new homes in ZIP code 40516 on Trulia. The average listing price for homes for sale in 40516 was $866,587 for the week ending May 27, which represents an increase of 8.2%, or $65,361, compared to the prior week. Popular ZIP codes in Lexington include 40509 and 40515, with average listing prices of $327,731 and $348,904.


District Type Grades Schools Students
Fayette County Public PK - 12 75 39,145
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Stats & Trends
Homes for Sale in 40516
View all 40516 Homes for Sale