What the Pros Know
Market Snapshot
Zip Code 40516 | Fayette County, KY
2,758
Population
YoY
202241.4
Median Age
YoY
2022$84,836
Median Household Income
YoY
2022$285,000
Median Sale Price
0.4% MoM
18.7% YoY
6/20257
Homes Sold
12.5% MoM
41.7% YoY
6/20250.9
Months Inventory
37.1% MoM
51% YoY
6/202588
Days on Market
39 MoM
58 YoY
6/20256
Listings
20.0% MoM
25.0% YoY
6/2025210
Price per Sq Ft
29% MoM
5.6% YoY
6/2025
See 40516 on Zillow
1. Population Data from U.S. Census Bureau.
2. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.