Active
listings
jumped
29.6%
year-over-year
to
1,112
homes
while
median
list
price
held
steady
at
$419,450,
creating
a
2.6-month
supply
that
signals
shifting
market
dynamics
for
Kentucky’s
second-largest
metro.

The
Lexington-Fayette,
KY
metro
housing
market
absorbed
112
homes
during
the
week
ending
Nov.
7,
2025,
up
6.7%
from
105
homes
during
the
same
period
last
year.
Despite
the
inventory
surge,
the
median
list
price
dipped
just
1.8%
year-over-year,
demonstrating
remarkable
price
stability
even
as
more
options
flood
the
market.

Rising
inventory
meets
steady
pricing
in
Kentucky’s
second-largest
metro

Lexington’s
active
inventory
of
1,112
single-family
homes
marks
a
substantial
shift
from
the
858
homes
available
a
year
ago.
The
254-home
increase
provides
buyers
with
more
selection
while
maintaining
seller-favorable
conditions.
New
listings
contributed
82
homes
to
the
market
during
the
week,
feeding
a
pipeline
that
now
offers
2.6
months
of
supply
based
on
current
absorption
rates.

Price
adjustments
tell
a
nuanced
story.
While
39.4%
of
active
listings
took
price
cuts
during
the
week,
only
1.1%
increased
their
asking
prices.
The
median
price
decrease
magnitude
data
wasn’t
available,
but
the
high
percentage
of
reductions
contrasts
with
the
minimal
year-over-year
price
decline.
Additionally,
11.3%
of
properties
were
relisted
after
previously
being
removed
from
the
market.

Weekly
absorption
climbs
even
as
active
listings
surge

Market
velocity
remains
healthy
with
112
homes
absorbed
weekly,
suggesting
sustained
buyer
demand.
Properties
spent
a
median
63
days
on
market,
up
from
56
days
a
year
ago
but
matching
Kentucky’s
statewide
pace.
The
absorption
rate
supports
the
current
months
of
supply
calculation,
indicating
the
market
can
handle
the
increased
inventory
without
dramatic
price
pressure.

At
$199.97
per
square
foot,
Lexington
properties
command
a
premium
over

Kentucky’s
statewide
average
of
$174.94.
The
metro’s
median
list
price
of
$419,450
sits
31.1%
above
the
state
median
of
$319,900,
though
it
remains
3.1%
below
the
national
median
of
$432,980.

Market
maintains
seller
advantage
despite
shift
from
ultra-tight
conditions

Lexington’s
housing
market
operates
in
seller-favorable
territory
according
to
market
condition
indicators.
The
2.6-month
supply
exceeds
both
the
statewide
figure
of
2.5
months
and
the
national
level
of
2.5
months,
yet
remains
well
below
the
6-month
threshold
typically
associated
with
balanced
conditions.

Monitor
the
39.4%
price
cut
rate
as
a
leading
indicator
of
seller
sentiment.
Track
whether
weekly
absorption
can
maintain
its
current
112-home
pace
as
inventory
continues
building.
Watch
the
11.3%
relisting
rate
for
signs
of
seller
strategy
adjustments.

Use
the
63-day
median
days
on
market
to
set
realistic
expectations
with
clients.
Leverage
the
29.6%
inventory
increase
when
advising
buyers
about
expanded
options.
Share
the
$419,450
median
price
point
to
anchor
pricing
discussions
in
this
seller-favorable
market.

HousingWire
used
HW
Data
to
source
this
story.
To
see
what’s
happening
in
your
own
local
market,

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housing
market
reports.
For
enterprise
clients
looking
to
license
the
same
market
data
at
a
larger
scale,

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Data.