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Real estate in Lexington’s Palomar neighborhood.

Compare top Palomar real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for June 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Palomar real estate Market Report.

Information and statistics on the latest trends in the Palomar real estate market. *

Latest Rolling 3-Month Snapshot

Feb 1, 2026 - Apr 30, 2026

Median sale price
$510K
-1.1% from Q1 '26
Median list price
$501K
+14% from Q1 '26
Active listings
15
+25% from Q1 '26
Homes sold
7
+17% from Q1 '26
New pendings
12
+20% from Q1 '26
New listings
9
+50% from Q1 '26

Quarterly Pricing Trends for Palomar

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Palomar Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $339K Median sale price in Jul 2021 - Sep 2021: $413K Median sale price in Oct 2021 - Dec 2021: $312K Median sale price in Jan 2022 - Mar 2022: $437K Median sale price in Apr 2022 - Jun 2022: $450K Median sale price in Jul 2022 - Sep 2022: $546K Median sale price in Oct 2022 - Dec 2022: $458K Median sale price in Jan 2023 - Mar 2023: $387K Median sale price in Apr 2023 - Jun 2023: $413K Median sale price in Jul 2023 - Sep 2023: $450K Median sale price in Oct 2023 - Dec 2023: $494K Median sale price in Jan 2024 - Mar 2024: $370K Median sale price in Apr 2024 - Jun 2024: $600K Median sale price in Jul 2024 - Sep 2024: $514K Median sale price in Oct 2024 - Dec 2024: $478K Median sale price in Jan 2025 - Mar 2025: $474K Median sale price in Apr 2025 - Jun 2025: $445K Median sale price in Jul 2025 - Sep 2025: $439K Median sale price in Oct 2025 - Dec 2025: $485K Median sale price in Jan 2026 - Mar 2026: $516K Median list price in Apr 2021 - Jun 2021: $375K Median list price in Jul 2021 - Sep 2021: $407K Median list price in Oct 2021 - Dec 2021: $365K Median list price in Jan 2022 - Mar 2022: $424K Median list price in Apr 2022 - Jun 2022: $542K Median list price in Jul 2022 - Sep 2022: $519K Median list price in Oct 2022 - Dec 2022: $400K Median list price in Jan 2023 - Mar 2023: $470K Median list price in Apr 2023 - Jun 2023: $425K Median list price in Jul 2023 - Sep 2023: $444K Median list price in Oct 2023 - Dec 2023: $520K Median list price in Jan 2024 - Mar 2024: $409K Median list price in Apr 2024 - Jun 2024: $530K Median list price in Jul 2024 - Sep 2024: $520K Median list price in Oct 2024 - Dec 2024: $402K Median list price in Jan 2025 - Mar 2025: $509K Median list price in Apr 2025 - Jun 2025: $460K Median list price in Jul 2025 - Sep 2025: $465K Median list price in Oct 2025 - Dec 2025: $459K Median list price in Jan 2026 - Mar 2026: $438K Apr 2021 - Jun 2021 Median sale price $339K Median list price $375K Jul 2021 - Sep 2021 Median sale price $413K Median list price $407K Oct 2021 - Dec 2021 Median sale price $312K Median list price $365K Jan 2022 - Mar 2022 Median sale price $437K Median list price $424K Apr 2022 - Jun 2022 Median sale price $450K Median list price $542K Jul 2022 - Sep 2022 Median sale price $546K Median list price $519K Oct 2022 - Dec 2022 Median sale price $458K Median list price $400K Jan 2023 - Mar 2023 Median sale price $387K Median list price $470K Apr 2023 - Jun 2023 Median sale price $413K Median list price $425K Jul 2023 - Sep 2023 Median sale price $450K Median list price $444K Oct 2023 - Dec 2023 Median sale price $494K Median list price $520K Jan 2024 - Mar 2024 Median sale price $370K Median list price $409K Apr 2024 - Jun 2024 Median sale price $600K Median list price $530K Jul 2024 - Sep 2024 Median sale price $514K Median list price $520K Oct 2024 - Dec 2024 Median sale price $478K Median list price $402K Jan 2025 - Mar 2025 Median sale price $474K Median list price $509K Apr 2025 - Jun 2025 Median sale price $445K Median list price $460K Jul 2025 - Sep 2025 Median sale price $439K Median list price $465K Oct 2025 - Dec 2025 Median sale price $485K Median list price $459K Jan 2026 - Mar 2026 Median sale price $516K Median list price $438K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
13
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Feb 2026 - Apr 2026).

Inventory in Palomar has expanded in the latest rolling three-month view, with active listings up more than 50% year over year and 15 homes currently on the market. New listings and pending sales have also risen sharply compared with a year ago, with pending contracts jumping nearly 74%, signaling strong buyer interest in the area. Months of supply has climbed to about 3.9, notably higher than Lexington overall at 2.4 months, even though conditions are still categorized as a seller’s market.

Pricing is adjusting as this additional inventory and demand work through the market. The typical home value over the rolling three-month period is just over $500,000, and the median list price is up about 7% from a year earlier. At the same time, the typical sale price is down significantly year over year, and sellers are receiving about 97% of their list price on average, with roughly 28% of homes closing above asking.

Homes are taking longer to sell than they did a year ago in this rolling view, with a median of 40 days on market, though nearly half of listings still go off the market within two weeks. Compared with the broader Lexington area, Palomar’s higher prices and larger supply create a distinct dynamic that both buyers and sellers need to understand. Agent Pronto can connect buyers and sellers with an agent who knows how to navigate these trends and negotiate effectively in this evolving Palomar market.



Learn more about what Palomar has to offer.

Palomar offers residents a vibrant yet relaxed living experience with walkable streets, diverse local amenities, welcoming community events, and easy access to green spaces.

Palomar in Lexington stands out from nearby West Lexington neighborhoods by combining quiet, established streets with quick access to major employers, shopping, and recreation. Located off Harrodsburg Road, it offers a more relaxed feel than areas closer to downtown Lexington, yet residents can still reach the city center in minutes.

Tree lined streets, sidewalks, and cul de sacs give Palomar a close community feel. Families appreciate proximity to schools in the Fayette County district, including Rosa Parks Elementary, Beaumont Middle, and Dunbar High. Everyday errands are simple, with groceries, medical offices, and local dining nearby. Popular spots like Palomar Centre offer restaurants and services without crossing town.

Outdoor time is easy to find. Residents are close to the shared use paths and green space around Beaumont Centre Park and just a short drive from the trails at Shillito Park. For a broader sense of the city and its services, locals often reference the VisitLEX city guide.

For buyers, homes in Palomar can move quickly, especially updated properties near schools and retail. For sellers, preparing the home and timing the market around local demand and school calendars can make a real difference. Agent Pronto can connect both buyers and sellers with an agent who understands Palomar’s rhythms and can help plan the right move.

Find your Palomar real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“I could not have gotten better care. he sold my home during the WAR. I think that is outstanding”

Cindy Trimble · Campbellsville, KY

Photo of David Hittle
United Real Estate Louisville
“Working with Derrick was an outstanding experience from start to finish. He and his team helped get our property completely ready for market by coordinating repairs, cleanup, and improvements that made a huge difference in how the home showed. His team worked tirelessly and brought a tremendous amount of knowledge and experience to the project, making the entire process smooth and efficient. Derrick’s understanding of what buyers are looking for and what actually adds value was incredibly helpful. Once the property was ready, he handled the listing and marketing process seamlessly, and the home sold quickly. What could have been a stressful situation became simple and organized thanks to Derrick and his team. I would absolutely recommend him to anyone looking to prepare and sell a property.”

Robert · Richmond, KY

Photo of Derrick Simpson
Century 21 Advantage Realty
“James Martin understood what we wanted and needed. He worked with our schedules so we could look at houses and helped us pick the perfect house for us.”

Mr and Mrs Ortega · Owingsville, KY

Photo of James Martin
Realty World Adams & Associates
“Joseph was right there for us when we contacted for an agent. He was open and honest with us on everything Joseph didn't stop looking for places even when we couldn't go until after 430. We both felt comfortable talking to him over all our expenses and what we needed Joseph forums us the perfect house and we would definitely use him again if needed and would recommend him to other people. Thanks from both Lee and I for helping us find our perfect new home. Connie and Lee”

Connie Heisler · Florence, KY

Photo of Joe  Lockaby
ERA Real Estate ERA REAL SOLUTIONS REALTY
“Jason was awesome to work with! Very professional and knowledgeable about the area. He was always willing to answer any questions we had, especially since we were first time sellers. Would recommend to anyone!”

Ivan Adame · Lexington, KY

Photo of Jason Hayes
Rector Hayden Realtors
“Chris went above and beyond to help me, my mother, and the sale of the home . He was in constant communication and we had a great experience with him ”

Keith H. · Booneville, KY

Photo of Chris Riggsby
Dream Maker Realty
“I am truly grateful for the amazing experience that we had. Robin's service was above and beyond. There were many challenges in the circumstances that surrounded the sale of this house and above everything else she was so kind and considerate.”

William Co Jacqueline B. · Elizabethtown, KY

Photo of Robin Cole
RE/MAX Executive Group, Inc
“Traci and another agent from her group, Lana, helped me see as many houses as I wanted. They were very helpful and considerate. Between the two ladies, I saw so many houses and never felt pushed to buy any of them. I was informed of potential issues with houses and they respected if I didn't like something about a house. Days before I was set to go back home, Traci found a house that had just come on the market and I bought it! It has almost everything on my wish list. I couldn't be happier!”

Debra C. · Nicholasville, KY

Photo of Traci Mitchell
The Local Agents
“Lana Stephens and Traci Mitchell are a pleasure to work with. They are professional and friendly, and know their business. They not only sold my late father's townhome, they helped me completely gut and remodel it. And I live out of state! Their team put together a great plan. They kept in constant contact with plans, purchases and those things that pop-up when remodeling. I appreciate their patience, kindness and special treatment since it was my father's place. I can't think of a better fit for what I needed. I highly recommend them to work with any situation.”

Elizabeth S. · Lexington, KY

Photo of Lana Stephens
The Local Agents
“Returning to Jason for help selling our home and purchase of our new home was a great decision. We used Jason on our first home 11 years ago and so glad we utilized him again. His market knowledge was crucial in pricing our sale and negotiating our purchase. He never rushed us, was always available for questions and worked with us for showings. A true Real Estate Professional.”

Joe Kerns · Richmond, KY

Photo of Jason Smith
Keller Williams Legacy Group

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Palomar. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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