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Lexington, KY 40511 Real Estate & Property Data

Lexington, KY 40511 Real Estate Market Trends

Last Updated: April 27, 2024

A total of 312 residential properties have been sold over the past 12 months in 40511. With a median sales price of $325,000 in 40511 and a total of 8 foreclosures in Lexington, KY 40511. Discover market trends and get the granular level real estate data for Lexington, KY 40511 to keep your pulse on the housing market. Curate compelling home reports for Lexington, KY 40511 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Lexington, KY 40511 Real Estate Market Trends

Get property data for any address in Lexington, KY 40511 or the country:

Total Residential Properties 12,134

Total Commercial Properties 464

Avg. Home Age (Single Family Home) 28 Years

Avg. Square Feet (Single Family Home) 1,680

Total 2024 Residential Sales (year-to-date) 31

% of Homes Seriously Underwater (Q2 2024) 2.04%

Total 2023 Residential Sales 313

% of Equity Rich Homes (Q2 2024) 33.23%

Effective 2023 Property Tax 0.96%

Total Foreclosure Filings (year-to-date) 8

Lexington, KY 40511 Real Estate Overview

There were 312 residential properties sold in the past year in Lexington, KY 40511. The median home value in Lexington, KY 40511 is $255,058. There are a total of 12,134 residential properties in the 40511.

Median Sales Price i

$325,000

(Feb 2024)

+13.2%

year-over-year

y-o-y

February '24 Feb '24 $325,000
January '24 Jan '24 $271,200
December '23 Dec '23 $289,750
November '23 Nov '23 $275,000
October '23 Oct '23 $300,000
September '23 Sep '23 $289,900
August '23 Aug '23 $300,000
July '23 Jul '23 $365,000
June '23 Jun '23 $297,222
May '23 May '23 $310,000
April '23 Apr '23 $273,950
March '23 Mar '23 $273,000

Median Down Payment i

$77,000

(Feb 2024)

+83.8%

year-over-year

y-o-y

February '24 Feb '24 $77,000
January '24 Jan '24 $20,000
December '23 Dec '23 $43,100
November '23 Nov '23 $48,360
October '23 Oct '23 $43,175
September '23 Sep '23 $43,123
August '23 Aug '23 $63,080
July '23 Jul '23 $65,500
June '23 Jun '23 $47,400
May '23 May '23 $20,179
April '23 Apr '23 $23,750
March '23 Mar '23 $32,131

Number of Homes Sold i

13

(Feb 2024)

-55.2%

year-over-year

y-o-y

February '24 Feb '24 13
January '24 Jan '24 18
December '23 Dec '23 20
November '23 Nov '23 19
October '23 Oct '23 25
September '23 Sep '23 18
August '23 Aug '23 31
July '23 Jul '23 19
June '23 Jun '23 35
May '23 May '23 23
April '23 Apr '23 30
March '23 Mar '23 32

Number of Purchase Loans i

29

(Feb 2024)

-34.1%

year-over-year

y-o-y

February '24 Feb '24 29
January '24 Jan '24 22
December '23 Dec '23 30
November '23 Nov '23 32
October '23 Oct '23 32
September '23 Sep '23 20
August '23 Aug '23 39
July '23 Jul '23 24
June '23 Jun '23 37
May '23 May '23 34
April '23 Apr '23 36
March '23 Mar '23 56

Number of REFI Loans i

22

(Feb 2024)

+15.8%

year-over-year

y-o-y

February '24 Feb '24 22
January '24 Jan '24 18
December '23 Dec '23 41
November '23 Nov '23 28
October '23 Oct '23 26
September '23 Sep '23 22
August '23 Aug '23 33
July '23 Jul '23 29
June '23 Jun '23 27
May '23 May '23 22
April '23 Apr '23 30
March '23 Mar '23 25

Number of HELOC Loans i

16

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 16
January '24 Jan '24 10
December '23 Dec '23 21
November '23 Nov '23 11
October '23 Oct '23 14
September '23 Sep '23 9
August '23 Aug '23 21
July '23 Jul '23 13
June '23 Jun '23 13
May '23 May '23 20
April '23 Apr '23 18
March '23 Mar '23 21

Lexington, KY 40511 Real Estate Market Overview

Last 30 days

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Lexington, KY 40511 Foreclosure Activity

There were a total of 8 Lexington, KY 40511 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

8

(Feb 2024)

February '24 Feb '24 8
January '24 Jan '24 N/A
December '23 Dec '23 6
November '23 Nov '23 1
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 1
May '23 May '23 N/A
April '23 Apr '23 1
March '23 Mar '23 3

Foreclosure Starts i

1

(Feb 2024)

February '24 Feb '24 1
January '24 Jan '24 N/A
December '23 Dec '23 6
November '23 Nov '23 1
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 1
May '23 May '23 N/A
April '23 Apr '23 1
March '23 Mar '23 3

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 2
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 1
August '23 Aug '23 2
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Nearby Zip Codes

1. 40502
2. 40503
3. 40504
4. 40505
5. 40507
6. 40508

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