Lansdowne, Lexington, KY—40504
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lansdowne, Lexington, KY
As of Oct '25, the median home price in Lansdowne, Lexington, KY is $259,000, with a year-over-year change of 4.5%. This indicates that home prices in Lansdowne, Lexington, KY are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $259,000 | 4.5% |
| Single Family | $266,000 | 4.7% |
| Condos | $176,000 | 10.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $141,000 | 11.0% |
2 Bed | $190,000 | 2.2% |
3 Bed | $265,000 | 3.9% |
4 Bed | $318,000 | 3.2% |
| 5 Bed | $460,000 | 3.6% |
% of Housing Stock
Rental Trends — Lansdowne, Lexington, KY
As of July '25, Rentcast reports the average rent in Lansdowne, Lexington, KY is $1,110, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Lansdowne, Lexington, KY is studios: $885, 1-bedrooms: $824, 2-bedrooms: $1,160, 3-bedrooms: $1,630, 4-bedrooms: $2,120. The most common rental property sizes in Lansdowne, Lexington, KY are 1-bedroom and 2-bedroom, accounting for 35.9% and 30.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $875 | $1,110 |
| Studio Rent | $799 | $885 |
| 1 Bed Rent | $800 | $824 |
| 2 Bed Rent | $1,100 | $1,160 |
| 3 Bed Rent | $1,580 | $1,630 |
| 4 Bed Rent | $2,000 | $2,120 |
% of Rental Stock
Property Listings — Lansdowne, Lexington, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Lansdowne, Lexington, KY is 40. This is a increase of 25.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $329,000 | -5.0% |
Listing Count | 52 | 43.0% |
| Listings as % of Homes | 0.1% | 43.0% |
Days on Market | 40 | 25.0% |
Demographics — Lansdowne, Lexington, KY
As of the latest ACS Survey released in 2023, Lansdowne, Lexington, KY has a population of 26,200, which has decreased by -6.8% over the past 5 years. Lansdowne, Lexington, KY is a moderately popular place for families, as children make up 17.7% of the population. The area has a moderately educated workforce, with 32.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,200 | -6.8% |
% Under 18 | 17.7% | -17.7% |
% Seniors | 12.8% | -4.5% |
% WFH | 5.3% | 130.4% |
% w/ College Degree | 32.3% | 14.9% |
As of the latest ACS Survey released in 2023, Lansdowne, Lexington, KY is a predominantly white area, with 61.0% of the population identifying as white. The white population has grown by 1.0% in the last 5 years. The second most common race or ethnicity in Lansdowne, Lexington, KY is hispanic, making up 18.0% of the population. Foreign-born residents account for 15.1% of the population in Lansdowne, Lexington, KY, and this percentage has decreased by 19.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 61.0% | 1.0% |
% Black | 15.4% | -11.0% |
% Hispanic | 18.0% | 13.2% |
% Asian | 1.8% | -25.0% |
% Foreign Born | 15.1% | -19.7% |
Mortgage and Risk — Lansdowne, Lexington, KY
According to HUD data as of 2023, there were 288 mortgage originations in Lansdowne, Lexington, KY, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Lansdowne, Lexington, KY. Investor activity is low, as 5.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 288 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 5.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Lansdowne, Lexington, KY
As of 2024, the percent of homes in Lansdowne, Lexington, KY under the Section 8 program is 8.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Lansdowne, Lexington, KY, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 741 |
Total Units Section 8 | 643 |
% Rentals under Section 8 | 8.1% |
% Occupied Section 8 | 87.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $90 | $800 | $890 |
| 2 Bedroom | -$40 | $1,100 | $1,060 |
| 3 Bedroom | -$140 | $1,580 | $1,440 |
| 4 Bedroom | -$370 | $2,000 | $1,630 |
Affordability — Lansdowne, Lexington, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $259,000 |
| Median Household Income | $43,000 |