QuantaLoan Market Research


Lexington, KY 40502

Lexington (40502) has an estimated 25,709 residents with 25,611 of those people in approximately 12,573 housing units. The 40502 zipcode contains 4,621 housing units that are owned with a mortgage or a loan, 2,572 housing units that are owned free and clear and 5,380 housing units that are renter occupied.

In Lexington (40502) the median listing price of $472,500 has grown by $2,550 since 2018-10.

In 2018 the average percentage drop was 2.02% of original listing price.

Zip code 40502 is in the Lexington-Fayette metropolitan area.
The median estimated home value in Lexington, KY (40502) is $344,100 as of 2018-10-31

The Zillow Market Health Index for Lexington, KY (40502) is 8.59. The corresponding state value is 7.45. This is higher than the overall Market Health Index of Kentucky.
Metro value is 7.37.
This is higher than the overall Market Health Index of Lexington-Fayette.

Current Weather in Lexington
Created 17 Mar 17:54 pm EDT in Louisville, KY
NWS Forecast ImagePartly Cloudy
Partly cloudy, with a low around 28. West wind 6 to 11 mph becoming northwest after midnight. Winds could gust as high as 20 mph.

Demographics of Lexington zipcode 40502
The median age here is 40.30. This age is 106.1% the national median age.
The number of male residents is 12,360 with a median age of 38.50 years. The number of female residents is 13,349 with a median age of 42.10 years. This yields a ♂ to ♀ ratio of 0.93
The average household is 2.04 persons and has an income of $63,267.
The average family size in Lexington is 2.74.
Area Code: 859
Time zone: Eastern USA
Region: South - East South Central
Has Daylight Saving: Yes
Businesses: 698
Employment: 9,859
Medicare Area: Lexington-Fayette, KY

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Map of Lexington, KY 40502