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Area data

Lexington, KY — ZIP 40505

Population: 25,594 (Census ACS)

The median home value in ZIP 40505 (Lexington, KY) is $232,561 — up 3.3% over the past year. Homes sell for a median $247,500 after a median 49 days on market. Typical rent runs $1,307/month. 11 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with coldwave, icestorm, lightning the top-rated hazards. Cost of living is 11.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$232,561

Median home value

+3.3%

1-year change

49

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Median home value
$232,561
1-year appreciation
+3.3%
3-year appreciation
+14.8%
5-year appreciation
+38.2%
10-year appreciation
+107.6%
All-time peak (2026-07)
$232,561
House Price Index (state)
396.0 (+2.4% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$247,500
Median list price
$269,999
Median price per sqft
$188
1-year sale-price change
+5.8%
Median days on market
49 days
Homes sold (recent period)
70
For-sale inventory
60
Sale-to-list ratio
99.6%
Active listings
41
1-year forecast
+2.6%
Days to pending
25 days
New listings (monthly)
28

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,307/mo
1-year rent change
+5.6%
Studio fair-market rent
$701/mo
1BR fair-market rent
$876/mo
2BR fair-market rent
$1,089/mo
3BR fair-market rent
$1,416/mo
4BR fair-market rent
$1,634/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Low)
88.5 (100 = US avg)
Electricity rate (state-level)
13.2¢/kWh
Natural gas rate (state-level)
$14.20/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
11
Elementary schools
6
Middle schools
2
High schools
3
Schools include
Arlington Elementary School, Crawford Middle School, Bryan Station Middle School, Deep Springs Elementary School, Dixie Elementary Magnet School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
coldWave, iceStorm, lightning, strongWind, tornado
Notable hazard ratings (county)
coldWave: Relatively High · earthquake: Relatively Moderate · hail: Relatively Moderate · heatWave: Relatively Moderate · iceStorm: Relatively High · inlandFlooding: Relatively Moderate
FEMA flood zone
AE
Flood risk level
High
Wildfire risk to homes (county)
Higher than 20% of US counties
Buildings in wildfire direct-exposure zone
24.0%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
57.0°F
Average high
67.0°F
Average low
47.0°F
Annual precipitation
52.6 in
Annual snowfall
16.1 in
USDA plant hardiness zone
7a (extreme annual low 0 to 5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
45
Days with Good air quality
232
Days with Moderate air quality
131
Days with Unhealthy air quality
1
Highest AQI recorded (year)
167

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
13.2 / 20
Transit service frequency
656
Jobs reachable by car (30 min)
64,529
Jobs reachable by transit (45 min)
44,246

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Camp Nelson National Monument (20 mi)
Airports within 30 mi
23
Nearest airport
Coal Field (7 mi)
Nearest major airport
Blue Grass Airport (LEX) (8 mi)
Hospitals nearby (~15 mi)
10
Hospitals include
SAINT JOSEPH HOSPITAL, BOURBON COMMUNITY HOSPITAL, LEXINGTON VA MEDICAL CENTER
Avg hospital rating (CMS)
3.4 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (4.1 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-1,114 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,965
Housing built before 1970
68.3%
Housing built 2000 or later
8.9%
Median annual property tax
$1,648
Mean commute to work
20 min
Households with broadband internet
71.7%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
159,917
Average weekly wage
$1,128
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
244

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 40505State medianUS median
Median home value$232,561$169,157$289,727
Median sale price$247,500$234,500$325,000
Median days on market49 days57 days51 days
Typical rent$1,307/mo$1,378/mo$1,808/mo
Median annual property tax$1,648$921$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 40505?
$232,561.
What is the median sale price in ZIP 40505?
$247,500.
How long do homes take to sell in ZIP 40505?
Median days on market: 49 days.
What is typical rent in ZIP 40505?
Typical rent: $1,307/month.
What is the natural-hazard risk in ZIP 40505?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: coldWave, iceStorm, lightning, strongWind, tornado.
Is ZIP 40505 in a flood zone?
High (FEMA NFIP). FEMA flood zone AE.
What is the wildfire risk in ZIP 40505?
Risk to homes is higher than 20% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 40505?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 40505?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 40505?
11 schools (6 elementary, 2 middle, 3 high) (NCES, 2022-23).
Is ZIP 40505 walkable?
Walkability index: 13.2/20 (EPA Smart Location Database).
What is the air quality in ZIP 40505?
Good. Median AQI: 45. (EPA AQI).
What is the cost of living in ZIP 40505?
Regional Price Parity: 88.5 (100 = US average) (Low) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents