40391 — Winchester, KY Home Values
Typical home value $255,821 as of July 2026 · 21st of 25 in Lexington-Fayette, KY
Blue: typical home value (Zillow ZHVI) in ZIP code 40391, July 2021 to July 2026. This page shows observed data only; no forecast.
How 40391 compares in the Lexington-Fayette, KY area
ZIP code 40391 (Winchester, KY) has a typical home value of $255,821 as of July 2026, ranking 21st of 25 ZIP codes tracked in the Lexington-Fayette, KY area, more expensive than about 20% of ZIP codes in the metro. Prices here have moved +5.1% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +40.7%, from $181,830 in July 2021 to $255,821 in July 2026. Against observed rent, the typical home here sells for 17.4× the annual rent ($1,226/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Lexington-Fayette, KY forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Lexington.
Population and demographics
ZIP code 40391 has a population of 36,729, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 89% White, 3.9% Black or African American, 3.4% Hispanic or Latino, 2.9% two or more races, 0.6% Asian, 0.1% American Indian or Alaska Native, and 0.1% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Shearer Elementary School | 244 East Broadway, Winchester, KY | 1.9 mi |
| Cardinal Virtual Academy | 650 Boone Avenue, Winchester, KY | 2.6 mi |
| Robert D. Campbell Jr. High | 620 Boone Ave., Winchester, KY | 2.7 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 40391?
$255,821 as of July 2026, the latest month Zillow has published observed data for.
Is 40391 an expensive ZIP code in the Lexington-Fayette, KY area?
40391 ranks 21st of 25 ZIP codes in the Lexington-Fayette, KY area by typical home value, more expensive than about 20% of ZIP codes in the metro.
How much have home values in 40391 changed over the past year?
+5.1% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 40391?
The typical home price is 17.4× the observed annual rent in this ZIP code ($1,226/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 40391?
36,729, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 40391?
Shearer Elementary School (1.9 mi), Cardinal Virtual Academy (2.6 mi), Robert D. Campbell Jr. High (2.7 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 40391?
No. Every number on this page is observed Zillow data as of July 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Lexington-Fayette, KY forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.