Market Report · Updated May 2026
Lexington Cash Home Buyer Report — May 2026
We ranked every Lexington ZIP code in our buy-box by gross rental yield. The table below shows the 7 highest-yield ZIPs — these are the markets where Oxbow is most actively making cash offers right now.
Lexington Snapshot
Across 7 Lexington ZIP codes, home values range from $208,241 to $312,064. The average gross rental yield (annual rent ÷ home value) is 6.5%, which is the key metric we use to identify cash-friendly markets — higher yield means a stronger investor exit, which means we can pay more for your home.
Top 7 Lexington ZIPs by Yield
Ranked by gross rental yield (annual rent ÷ median home value). All data sourced from Zillow Research (ZHVI + ZORI), May 2026. Click any ZIP to get a cash offer on a property there.
| Rank | ZIP | City | Median Value | Median Rent | Gross Yield | |
|---|---|---|---|---|---|---|
| 1 | 40508 | Lexington, KY | $208,241 | $1,277/mo | 7.4% | Cash offer → |
| 2 | 40511 | Lexington, KY | $312,064 | $1,879/mo | 7.2% | Cash offer → |
| 3 | 40505 | Lexington, KY | $229,038 | $1,331/mo | 7% | Cash offer → |
| 4 | 40517 | Lexington, KY | $257,241 | $1,313/mo | 6.1% | Cash offer → |
| 5 | 40361 | Paris, KY | $249,577 | $1,253/mo | 6% | Cash offer → |
| 6 | 40391 | Winchester, KY | $258,237 | $1,280/mo | 5.9% | Cash offer → |
| 7 | 40504 | Lexington, KY | $275,912 | $1,329/mo | 5.8% | Cash offer → |
How We Use This Data
At Oxbow Home Solutions, we make cash offers in markets where the math works for both sides. A higher gross rental yield means investors — our typical exit buyers — can hit their target return at a higher acquisition price. That lets us pay more for your home than we could in a low-yield market.
This report is part of our free seller resources. It updates monthly from public Zillow Research data, so the numbers stay current. If you own a home in any of the ZIPs listed above, we are actively buying — request a cash offer and we will respond within 24 hours.
Sources & Methodology
- Home values: Zillow Home Value Index (ZHVI), single-family residential, mid-tier (0.33-0.67), seasonally adjusted, smoothed. zillow.com/research/data/
- Rents: Zillow Observed Rent Index (ZORI), single-family + condo + multi-family blend, seasonally adjusted, smoothed.
- Filter: ZIP must have median home value in our buy-box range and median rent of $1,000+/month.
- Yield calculation: (Median rent × 12) ÷ Median home value. Gross yield, before taxes/insurance/maintenance.
- Updated: May 2026. We regenerate this report whenever Zillow ships their monthly data refresh (typically the 16th of each month).
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