Lexington, KY home prices
Typical home $324,999 · +3.3% in a year · income needed $92,000
The Lexington, KY metro area ranks 268 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +3.3% in a year and +32.9% over five years. With 20% down at 7.11%, the typical home costs about $2,146 a month including 0.87% property tax (Fayette County rate).
Mortgage on the typical Lexington home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $65,000 | $259,999 | $1,749 | $0 | $397 | $2,146 | $92,000 |
| 10% down | $32,500 | $292,499 | $1,968 | $122 | $397 | $2,487 | $106,600 |
| 5% down | $16,250 | $308,749 | $2,077 | $129 | $397 | $2,603 | $111,500 |
| 3.5% down (FHA) | $11,375 | $319,113 | $2,147 | $144 | $397 | $2,688 | $115,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.87% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Lexington area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Fayette County, KY | $330,784 | +3.4% | 0.87% |
| Scott County, KY | $342,459 | +3.8% | 0.66% |
| Jessamine County, KY | $328,403 | +2.5% | 0.73% |
| Clark County, KY | $253,267 | +4.8% | 0.71% |
| Woodford County, KY | $358,536 | -0.2% | 0.7% |
| Bourbon County, KY | $259,793 | -0.9% | 0.71% |
What can you afford in Kentucky on your salary? · Kentucky home prices · Salaries in Kentucky
Frequently asked questions
How much is a house in Lexington?
The typical home in the Lexington, KY metro area is worth $324,999 (Zillow, September 2026).
What salary do you need to buy a house in Lexington?
About $92,000 a year for the typical home with 20% down at 7.11%.