Winchester Rd East, Lexington, KY—40513
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Winchester Rd East, Lexington, KY
As of Oct '25, the median home price in Winchester Rd East, Lexington, KY is $550,000, with a year-over-year change of 3.2%. This indicates that home prices in Winchester Rd East, 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 | $550,000 | 3.2% |
| Single Family | $566,000 | 4.2% |
| Condos | $436,000 | 3.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $301,000 | 3.4% |
3 Bed | $420,000 | 2.4% |
4 Bed | $613,000 | 2.9% |
| 5 Bed | $793,000 | 1.5% |
% of Housing Stock
Rental Trends — Winchester Rd East, Lexington, KY
As of July '25, Rentcast reports the average rent in Winchester Rd East, Lexington, KY is $2,890, with a year-over-year rent change of 6.2%. Per bedroom, the median rent as of July '25 in Winchester Rd East, Lexington, KY is 2-bedrooms: $1,800, 3-bedrooms: $2,350, 4-bedrooms: $2,950. The most common rental property sizes in Winchester Rd East, Lexington, KY are 2-bedroom and 1-bedroom, accounting for 59.9% and 19.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $2,890 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,600 | $1,800 |
| 3 Bed Rent | $2,350 | $2,350 |
| 4 Bed Rent | $3,000 | $2,950 |
% of Rental Stock
Property Listings — Winchester Rd East, Lexington, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Winchester Rd East, Lexington, KY is 34. This is a increase of 3.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $690,000 | 22.0% |
Listing Count | 44 | 16.0% |
| Listings as % of Homes | 0.6% | 16.0% |
Days on Market | 34 | 3.0% |
Demographics — Winchester Rd East, Lexington, KY
As of the latest ACS Survey released in 2023, Winchester Rd East, Lexington, KY has a population of 10,700, which has decreased by -3.5% over the past 5 years. Winchester Rd East, Lexington, KY is a moderately popular place for families, as children make up 23.1% of the population. The area has a highly educated workforce, with 70.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,700 | -3.5% |
% Under 18 | 23.1% | -4.5% |
% Seniors | 21.1% | 33.5% |
% WFH | 17.6% | 141.1% |
% w/ College Degree | 70.5% | 9.8% |
As of the latest ACS Survey released in 2023, Winchester Rd East, Lexington, KY is a predominantly white area, with 72.3% of the population identifying as white. The white population has shrunk by 6.0% in the last 5 years. The second most common race or ethnicity in Winchester Rd East, Lexington, KY is asian, making up 20.0% of the population. Foreign-born residents account for 18.5% of the population in Winchester Rd East, Lexington, KY, and this percentage has increased by 17.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 72.3% | -6.0% |
% Black | 2.3% | -42.5% |
% Hispanic | 3.2% | -20.0% |
% Asian | 20.0% | 50.4% |
% Foreign Born | 18.5% | 17.8% |
Mortgage and Risk — Winchester Rd East, Lexington, KY
According to HUD data as of 2023, there were 236 mortgage originations in Winchester Rd East, Lexington, KY, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Winchester Rd East, Lexington, KY. Investor activity is low, as 3.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 236 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Winchester Rd East, Lexington, KY
Winchester Rd East, Lexington, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,260 |
| 2 Bedroom | -$100 | $1,600 | $1,500 |
| 3 Bedroom | -$310 | $2,350 | $2,040 |
| 4 Bedroom | -$710 | $3,000 | $2,290 |
Affordability — Winchester Rd East, Lexington, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $550,000 |
| Median Household Income | $127,000 |