82 census tracts

Lexington.Kentucky housing market

This Lexington housing market report covers about 149,000 homes across 82 census tracts. Home prices are climbing 7.0% a year, faster than in 126 of the 139 markets PriceDNA tracks, against the Kentucky median of 5.9%. For August 2026, the average listing price is $535,259 across 668 active listings (Realtor.com Economic Research, Monthly Housing Inventory).

Clear bright late summer day aerial view of Lexington, Kentucky
The University of Kentucky campus, with downtown beyond. Christopher Boswell/Adobe Stock
Average listing price
$535,259
668 active listings · Realtor.com Economic Research, Monthly Housing Inventory · August 2026
Population growth
+0.4%
a year, 2020 to 2025 · Census population estimates
Approximate homes
149,000
across 82 assigned tracts
Vacant homes
6.2%
of all homes
Renter-occupied
46%
of occupied homes

Lexington housing market context

These are city-level figures. To see how one property measures up against your goal, run a specific address.

01.

Location score distribution

How location scores vary across 82 census tracts in Lexington.

median 79.6 69 90

Half of Lexington's tracts score between 76 and 84. The full range spans 69 to 90, with a median of 79.6.

Distribution of tract scores
Median (79.6)
Mean (80.3)

What the location score shows

PriceDNA Location Score™ is a 0 to 100 signal designed to summarize local strength and risk context for rental-property analysis. Higher scores generally point to stronger location fundamentals.

The middle half of Lexington's tracts is 7.6 points wide on the score, wider than in 118 of the 139 markets PriceDNA tracks.

To see the location score for your specific property, analyze a property

02.

Housing composition

Key housing statistics for approximately 149,000 homes in Lexington, including occupancy, tenure, and structure type.

Tenure of occupied homes: owner 54%, renter 46%.
Tenure of occupied homes Owner 54% · Renter 46%
Housing occupancy: occupied 93.8%, vacant 6.2%.
Occupancy Occupied 93.8% · Vacant 6.2%

Of about 149,000 homes, 6.2% are vacant. Among occupied homes, 46% are renter-occupied, providing context on the size of the local rental base.

By structure type, about 65% of Lexington’s housing units are in single-family structures, 8% in small multifamily buildings (2 to 4 units), and 26% in larger multifamily buildings (5+ units). Percentages are rounded; small residual structure categories are not shown.

03.

How Lexington compares

Lexington's median is above the Kentucky median on 6 of these 8 measures and above the U.S. median on 4. The city range shows the lower quarter, median and upper quarter of its census tracts.

How Lexington compares with Kentucky and United States medians
Metric Lexington lower · median · upper Lexington Kentucky KY United States US
Census ACS B19013 · 2020 to 2024
$53,579 $67,232 $90,796 $59,860 $77,171
Census ACS B15003 · 2020 to 2024
44% 57% 65% 31% 41%
Census ACS B01001 · 2020 to 2024
33% 36% 40% 30% 32%
FHFA HPI · 2025
6.7% 7.0% 7.2% 5.9% 5.2%
HUD SAFMR · 2018 to 2027 + Census ACS B25064 · 2014 to 2024
4.4% 4.8% 5.1% 3.3% 3.8%
Census ACS B25103 · 2020 to 2024 + Lincoln Institute
1.02% every tract 1.03% 1.65%
Census ACS B25141 · 2020 to 2024 + U.S. Treasury FIO
0.50% 0.50% 0.55% 0.77% 0.56%
Census ACS B25064 + B19013 · 2020 to 2024
27.3% 30.8% 32.9% 28.2% 30.8%
04.

About this data

PriceDNA uses the most local reliable data available for each metric. Some signals are available at the census-tract level. Others are published or more reliable at broader geographies such as county, metro, state, or national level.

Housing-unit totals are approximate. PriceDNA sums Census ACS counts for the tracts assigned to the city by centroid, so the market total can differ from a municipal boundary count when a tract crosses the city line.

The property-tax assumption combines local residential tax data with a state-level apartment benchmark to provide more conservative context for rental-property underwriting. Insurance assumptions use available residential property insurance data and should be verified for the specific property and coverage.

These pages are designed for market screening and investor education. They do not replace property-level underwriting, inspections, appraisals, insurance quotes, lender review, or professional advice.

05.

Nearby markets

Market pages for other cities within 300 miles.

You've seen Lexington. Now analyze a specific address.

PriceDNA's goal-convergent valuation shows the purchase price that supports your investing goal, not just the market average.