Search Property Records in 40514, Lexington KY

The 40514 ZIP code in Lexington, Kentucky, is a large southwest Lexington residential market with approximately 18,000 to 20,000 total parcels and housing-related properties, including established subdivisions, townhome communities, apartment sites, retail corridors, offices, and undeveloped parcels. Owner-occupied and rental single-family houses form the core of the market, accounting for roughly 70% to 75% of residential property stock, while condominiums, townhomes, and co-op-style attached homes represent about 12% to 16%; commercial, office, retail, and mixed-use parcels make up approximately 4% to 6%, with the remaining share consisting primarily of multifamily properties, vacant land, and other specialized uses. As of 2026, typical home values in 40514 generally place the median sale price near $330,000 to $360,000, although pricing varies materially by neighborhood, age, lot size, condition, and school-area preference; renovated or newer detached homes commonly command higher prices, while condos and smaller attached properties often provide lower entry points. The average closed-sale price is approximately $190 to $220 per square foot, with updated homes, newer construction, and properties in highly desired locations frequently exceeding that range. The ZIP code has historically supported a steady resale market, averaging roughly 650 to 800 residential sales per year over the past 10 years, or around 7,000 to 8,000 transactions across the full period, though annual activity rises and falls with mortgage rates, available inventory, and broader Lexington employment conditions. Overall, 40514 remains a comparatively diverse Lexington housing market: its substantial single-family-home base supports stable move-up and family-buyer demand, attached housing broadens affordability options, and its commercial presence along major corridors adds convenience and helps sustain long-term neighborhood appeal.

Cities and Communities in 40514

Nicholasville leads the list for 40514, with Lexington, Versailles, Georgetown and Lawrenceburg among 48 cities and communities. Winchester, Harrodsburg, Paris and Frankfort appear as well, so the records reach across a wide set of nearby towns.

ZIP Codes Near 40514

Nearby ZIP codes for 40514 include 40503, 40510, 40544 and 40522 among the 16 shown. These neighboring areas give access to property records and related information across the Lexington region.

ZIP Codes in Fayette County, KY

Fayette County, KY has eight ZIP codes on this page: 40512, 40510, 40582, 40544, 40509, 40580, 40503 and 40522. This section covers the ZIP codes located within the county and provides access to property records and related information for those areas.