Fayette County, KY Average Home Price (2026)
The average home price in Fayette County, Kentucky is about $357,000 (the 2026 median across 14 ZIP codes, at ~$205/sq ft) — 97% more expensive than the Kentucky median and 24% more expensive than the typical U.S. home.
How Fayette County compares
Fayette County is about average for housing nationally: its typical home costs $357,000 against $181,000 for Kentucky and $289,000 for the U.S. Within the county, ZIP-level values run from about $225,000 to $758,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Fayette County | $357,000 | $205 |
| Kentucky | $181,000 | $152 |
| United States | $289,000 | $193 |
Cities in Fayette County
Cities with their own home-value page, largest first:
Fayette County home prices by ZIP code
The 14 most valuable ZIP codes in Fayette County (of 14 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 40510 Lexington | $758,000 | $237 | +112% |
| 40513 Lexington | $570,000 | $211 | +60% |
| 40502 Lexington | $561,000 | $274 | +57% |
| 40507 Lexington | $411,000 | $335 | +15% |
| 40509 Lexington | $402,000 | $202 | +13% |
| 40515 Lexington | $381,000 | $200 | +7% |
| 40514 Lexington | $369,000 | $206 | +3% |
| 40503 Lexington | $345,000 | $204 | -3% |
| 40516 Lexington | $342,000 | $231 | -4% |
| 40511 Lexington | $313,000 | $193 | -12% |
| 40504 Lexington | $269,000 | $186 | -25% |
| 40517 Lexington | $254,000 | $180 | -29% |
| 40505 Lexington | $228,000 | $194 | -36% |
| 40508 Lexington | $225,000 | $231 | -37% |
Home value appreciation in Fayette County
Home prices in Fayette County have risen about 99% over the last 10 years (≈7.1% a year) and +112.7% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +4.5% — still rising. A home worth $357,000 today was worth roughly $179,577 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, Kentucky is +84.1% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Fayette County
Run the numbers for Fayette County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Fayette County
To buy the typical $357,000 home in Fayette County with 20% down, you need a household income of roughly $97,000 a year (about $2,270 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $115,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $17,900 | $2,820/mo | $121,000/yr |
| 10% (+PMI) | $35,700 | $2,690/mo | $115,000/yr |
| 20% | $71,400 | $2,270/mo | $97,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Fayette County
At about $205 per square foot, here is roughly how much home different budgets get you in Fayette County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $200k | 980 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1220 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1460 sq ft | around the typical home here |
| $400k | 1950 sq ft | around the typical home here |
| $500k | 2440 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Kentucky.
Estimate a specific home in Fayette County
Enter your ZIP and size for an instant estimate tailored to your exact area:
Fayette County home prices: frequently asked
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Browse all Kentucky cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.