Metro area index
Home appreciation in the Lexington-Fayette, KY metro area
FHFA HPI® data shows the Lexington-Fayette, KY metro area's all-transactions index changed +6.1% over the year to Q2 2026, versus +4.7% for Kentucky and +3.0% for the U.S. That ranks 61st of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +6.1%
- 5-year change
- +52.5%
- Since Q1 1995
- +271%
- Metro rank (1 year)
- 61st
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Lexington-Fayette, KY vs Kentucky and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Lexington-Fayette, KY: 371.4
- Kentucky: 338.8
- United States: 391.6
Appreciation by time window
| Window | Metro | KY | U.S. | Gap vs KY | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +6.1% | +4.7% | +3.0% | +1.4 pts | +3.1 pts |
| 3 years | +18.0% | +16.2% | +12.9% | +1.8 pts | +5.1 pts |
| 5 years | +52.5% | +45.9% | +41.3% | +6.6 pts | +11.2 pts |
| 10 years | +103% | +91.2% | +93.3% | +12.1 pts | +10.0 pts |
| Since Q1 1995 | +271% | +239% | +292% | +32.6 pts | −20.1 pts |
3-digit ZIP regions in the Lexington-Fayette, KY area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 405 · Lexington-Fayette, KY area | KY | +6.6% | +53.4% | +287% | 100% |
| 403 · Georgetown, KY area | KY | +6.0% | +52.8% | +250% | 53% |
Boom, bust, and recovery in Lexington-Fayette, KY area
Lexington-Fayette, KY area's index peaked in Q2 2008, fell 4.2% to its low in Q3 2011, and regained its peak in Q2 2015, about 7 years after the top. Today it sits +114% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q2 2008 | Q3 2011 | -4.2% | Q2 2015 (7 yrs) | +114% |
| KY | Q1 2008 | Q2 2011 | -4.4% | Q1 2015 (7 yrs) | +102% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Lexington-Fayette, KY area's index has changed +67.8% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | KY after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | +2.2% | +0.8% | -0.8% |
| 3 years | +9.8% | +7.4% | +5.8% | +2.8% |
| 5 years | +24.0% | +22.9% | +17.6% | +13.9% |
| 10 years | +39.1% | +46.2% | +37.5% | +39.0% |
| Since Q1 1995 | +121% | +67.8% | +53.0% | +76.8% |
If you bought in the Lexington-Fayette, KY area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +266% | $1,098,905 |
| Q2 2000 | +190% | $870,743 |
| Q2 2005 | +131% | $693,182 |
| Q2 2010 | +121% | $661,575 |
| Q2 2015 | +112% | $635,285 |
| Q2 2020 | +69.1% | $507,372 |
| Q2 2021 | +52.5% | $457,445 |
| Q2 2023 | +18.0% | $353,911 |
| Q2 2025 | +6.1% | $318,350 |
Frequently asked questions
- How much have home prices risen in the Lexington-Fayette, KY area?
- FHFA HPI® data for the Lexington-Fayette, KY metro area shows changes of +6.1% over one year, +52.5% over five years, and +103% over ten years to Q2 2026, and +271% since Q1 1995.
- Is the Lexington-Fayette, KY area beating the national average?
- Over the past year the metro's index moved +3.1 pts versus the U.S.; over five years the gap is +11.2 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.