Still Meadow Area — Market Activity Report · Lexington, KY 40509
Lexington, KY 40509  ·  Market Activity  ·  July 2026

Still Meadow is a seller's market — and the numbers back it up.

Nine days. 99.5% of asking price. 2.1 months of supply. Here's the full picture of what's happening in 40509 right now.

$514,500
Median Sold Price
↑ 13.9% vs last month
99.5%
Sold-to-List Ratio
↓ 1.39% MoM
9 days
Median Days on Market
↑ 12.5% MoM
2.1 mo.
Months of Inventory
↑ 2.94% MoM
June 2026 Market Type
Seller's MarketBalancedBuyer's Market
Deep seller's territory
Supply & Demand

Inventory has been cut nearly in half since summer 2025.

Active listings have fallen from 170+ in mid-2025 to around 109 in June 2026, while sales velocity has actually increased — a compression that keeps prices elevated.

Active Listings Sales
The $800K–$1.1M Band · 6-Month Summary
New Listings
10
Closed Sales
9
Median Closed Price
$870K
Median Days to Close
6 days
Avg. $ / SqFt (Closed)
$191
Total Closed Volume
$8.09M
Price range filter: $800K–$1.1M, 3+ beds, 2+ baths. Source: RPR / MLS data as of 7/6/2026.
Active Listings

Ten homes competing for serious buyers right now.

Median list price across new activity is $884,500 at an average of $210/SqFt. Several have been sitting 60–90 days — meaningful room for negotiation on the right property.

Active · New
53 days
2428 Lorenzo Way
$1,100,000
List Price
$336/sf
Price / SqFt
3,278 sf
Living Area
5 bd / 5 ba
Beds / Baths
Active · New
10 days
3684 Horsemint Trail
$999,000
List Price
$197/sf
Price / SqFt
5,072 sf
Living Area
6 bd / 5 ba
Beds / Baths
Christie's · Active
4 days
3661 Horsemint Trail
$947,900
List Price
$227/sf
Price / SqFt
4,171 sf
Living Area
5 bd / 4 ba
Beds / Baths
Active · New
16 days
1669 Villa Medici Pass
$920,000
List Price
$297/sf
Price / SqFt
3,098 sf
Living Area
4 bd / 4 ba
Beds / Baths
Active · 71 days
opportunity
3305 Blackford Pass
$870,000
List Price
$177/sf
Price / SqFt
4,920 sf
Living Area
5 bd / 5 ba
Beds / Baths
Active · 85 days
opportunity
3660 Horsemint Trail
$849,000
List Price
$223/sf
Price / SqFt
3,800 sf
Living Area
5 bd / 4 ba
Beds / Baths
Recent Closings

Nine homes closed in the past six months — most in under a week.

The velocity is striking: five of nine closed within 7 days of listing. The two outliers that took 80+ days both reflect specific friction — a unique floor plan on a large lot, and a 1972 vintage with deferred maintenance.

Closed · 81 days
5/29/26
2492 Pascoli Place
$1,095,000
Closed Price
$188/sf
Price / SqFt
5,831 sf
Living Area
−0.45%
vs List
Closed · 6 days
6/10/26
3501 Trinidad Court
$975,000
Closed Price
$104/sf
Price / SqFt
9,381 sf
Living Area
7 bd / 9 ba
Beds / Baths
Closed · 3 days
5/18/26
2501 Pascoli Place
$900,000
Closed Price
$205/sf
Price / SqFt
4,387 sf
Living Area
+2.86%
vs List
Closed · 5 days
6/10/26
3829 Still Meadow Lane
$879,900
Closed Price
$209/sf
Price / SqFt
4,219 sf
Living Area
+0.57%
vs List
Closed · 88 days
3/17/26
2235 Bahama Road
$860,000
Closed Price
$183/sf
Price / SqFt
4,708 sf
Living Area
−1.7%
vs List
Closed · 3 days
6/30/26
559 Gingermill Lane
$825,000
Closed Price
$189/sf
Price / SqFt
4,354 sf
Living Area
3 bd / 3 ba
Beds / Baths
Long-Term Appreciation

Three years of compounding — and still accelerating.

The sold price curve in 40509 has outrun the estimated value model at every horizon. That divergence — buyers paying above AVM — is a signal of genuine demand exceeding supply, not just paper appreciation.

12-Month Gain
+8.89%
Median sold: $472,500 → $514,500
24-Month Gain
+13.7%
Median sold: $452,500 → $514,500
36-Month Gain
+19.65%
Median sold: $430,000 → $514,500
Source: RPR / Realtors Property Resource®. Figures reflect single-family residential properties in Lexington, KY 40509. Median estimated values generated by valuation model; not formal appraisals. Data as of June 30, 2026.

Ready to act in a market this competitive?

Whether you're pricing a listing or structuring an offer in the Still Meadow area, the data behind this report shapes the strategy. Let's talk through what it means for your specific situation.

Stephen J B Davis · Land Specialist & Residential Realtor® · Christie's International Real Estate Bluegrass
License #243465 · stephen@landandhomes.co · landandhomes.co

Source: RPR Market Activity Report, Still Meadow Area, Lexington KY 40509 · July 6, 2026. All data © Realtors Property Resource® LLC. Information is not guaranteed. Equal Housing Opportunity.