Housing market · ZIP 40516

Lexington, KY Home Prices & Forecast

Median value and 12-month outlook · as of April 2026

Median home value

$341,760

3-month+0.8%

6-month+2.7%

12-month+1.0%

Touse 12-month forecast

+1.0%

Projected median near $345,300 over the next 12 months

As of April 2026, the median home value in Lexington, KY (ZIP 40516) is $341,760. Prices are stable, up 1.0% over the past year. Touse's model projects a +1.0% change over the next 12 months, putting the median near $345,300.

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Nearby areas in Fayette

Lexington 40502 Lexington 40503 Lexington 40504 Lexington 40505 Lexington 40506 Lexington 40507 Lexington 40508 Lexington 40509

Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.