40517 Home Values & Market Trends
There are 51 homes currently listed for 40517. 40517 real estate market trends show that home prices range from $125,000 to $449,900, and the median sales price in the 40517 zip code is $212,292.27. The total number of properties sold within the past twelve months is 457. In 40517, 6 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.
40517 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Lexington | $ 298,236 $ 162/sqft |
Housing Market Summary for 40517
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $250K | $221K | -11.58% |
| Median Sold Price | $190K | $221K | 16.34% |
| Homes For Sale | 46 | 39 | -15.22% |
| Homes Sold | 117 | 193 | 64.96% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 40517
Browse Homes in 40517
The median list price of a home in Lexington, is $212,292.27. A total of 51 properties are for sale, and the percentage of properties for sale in the zip code is 51.00%. The total count of 40517 properties is 9,765.
- Pre-ForeclosurePre-foreclosure homes account for 0.06% of all residential properties in 40517 with lexington containing 68 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 40517; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,500,000 in lexington to the lowest home value of $65,071 in lexington.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 40517 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 40517. There is 1 cities within 40517; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 40517. Auction homes and other auction properties account for 0% of all properties in 40517. There is 1 cities within 40517; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Compare Nearby Zip Codes
More Real Estate Resources for 40517
Guide for 40517
This blog post analyzes the rising trends in the Lexington, KY real estate market from March 2023 to February 2024, and compares them with surrounding cities.
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.
The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.