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Area data

Lexington, KY — ZIP 40511

Population: 38,176 (Census ACS)

The median home value in ZIP 40511 (Lexington, KY) is $316,192 — up 2.6% over the past year. Homes sell for a median $340,000 after a median 40 days on market. Typical rent runs $1,923/month. 12 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

$316,192

Median home value

+2.6%

1-year change

40

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Median home value
$316,192
1-year appreciation
+2.6%
3-year appreciation
+11.7%
5-year appreciation
+34.5%
10-year appreciation
+100.6%
All-time peak (2026-07)
$316,192
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
$340,000
Median list price
$349,900
Median price per sqft
$183
1-year sale-price change
+1.3%
Median days on market
40 days
Homes sold (recent period)
150
For-sale inventory
107
Sale-to-list ratio
99.2%
Active listings
68
1-year forecast
+2.1%
Days to pending
23 days
New listings (monthly)
54

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

Rents

Typical rent
$1,923/mo
1-year rent change
+3.3%
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
12
Elementary schools
5
Middle schools
2
High schools
3
School districts serving the area
Fayette County, Franklin County
Schools include
Leestown Middle School, Russell Cave Elementary School, Meadowthorpe Elementary School, Winburn Middle School, Central Ky Technical College

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
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
11.8 / 20
Transit service frequency
644
Jobs reachable by car (30 min)
55,155
Jobs reachable by transit (45 min)
35,785

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Camp Nelson National Monument (25 mi)
Airports within 30 mi
21
Nearest airport
Blue Haven Farm Airport (6 mi)
Nearest major airport
Blue Grass Airport (LEX) (11 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
EASTERN STATE HOSPITAL
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
2,003
Housing built before 1970
15.4%
Housing built 2000 or later
59.9%
Median annual property tax
$2,237
Mean commute to work
18 min
Households with broadband internet
81.0%

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 40511State medianUS median
Median home value$316,192$169,157$289,727
Median sale price$340,000$234,500$325,000
Median days on market40 days57 days51 days
Typical rent$1,923/mo$1,378/mo$1,808/mo
Median annual property tax$2,237$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 40511?
$316,192.
What is the median sale price in ZIP 40511?
$340,000.
How long do homes take to sell in ZIP 40511?
Median days on market: 40 days.
What is typical rent in ZIP 40511?
Typical rent: $1,923/month.
What is the natural-hazard risk in ZIP 40511?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: coldWave, iceStorm, lightning, strongWind, tornado.
What is the wildfire risk in ZIP 40511?
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 40511?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 40511?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 40511?
12 schools (5 elementary, 2 middle, 3 high) (NCES, 2022-23).
Is ZIP 40511 walkable?
Walkability index: 11.8/20 (EPA Smart Location Database).
What is the air quality in ZIP 40511?
Good. Median AQI: 45. (EPA AQI).
What is the cost of living in ZIP 40511?
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