Loading...
Lexington Real Estate For Sale In KY
As the second-largest city in the state, with a population of 323,000, real estate in Lexington is a real gem of the Bluegrass country. Located roughly in the center of Kentucky real estate, Lexington is a safe, clean, affordable city perfect for raising a family and living a quiet life while staying active with your community.
More About Lexington KY
Lexington is often called the horse capital of the world, and it's easy to see why. As you drive into the city, you’ll pass beautiful horse farms with characteristic whitewashed fences and an abundance of Lexington land for sale. Those horse farms are as important to people in Lexington as just about anything else, and if you decide to buy Lexington real estate, you’ll soon learn just how much pride the people here have for their little patch of Kentucky.
Lexington real estate is large and convenient enough to find almost everything you need within twenty minutes, while not too big where just getting from point A to point B is an odyssey. Thanks to its close proximity to Louisville and Cincinnati, Lexington residents can live a more relaxed lifestyle in their little-big city. Except for college basketball season when UK is doing well (which is every season), Lexington’s mood overall is very calm, cool, and collected. Community events such as farmers markets, parades, and festivals keep everyone milling about together, bolstering a friendly attitude found city-wide.
Lexington KY Real Estate Market
Despite being smaller than the closest big cities, Lexington’s real estate market is arguably the strongest in Kentucky. The median listing price for a single family home for sale in Lexington real estate is $316k, considerably higher than in Louisville and Cincinnati. The value of homes for sale in Lexington has given rise to a competitive housing market with most real estate listing for a little over a month before being sold.
Real estate in Lexington, KY saw most of its development in the latter half of the 20th century. Close to two-thirds of all real estate in Lexington are single-family homes and just over half of all Lexington residents own real estate rather than rent. By and large, homes in Lexington real estate are one to two stories and over half feature 3 or more bedrooms. If you're interested in staying close to downtown Lexington real estate, check out condos for sale in Lexington, KY between $100k and $600k.
Lexington real estate seems to have passed through the big value hump generated in 2020 and 2021, and now its market is settling back into a gradual upward trend that has characterized it for half a century.
Distance to Other cities from Lexington, KY
- 25 miles to Frankfort, KY
- 75 miles to Louisville, KY
- 82 miles to Cincinnati, OH
- 172 miles to Knoxville, TN
- 125 miles to Huntington, WV
Neighborhoods In Lexington KY
Beaumont
Beaumont is a versatile neighborhood that is close to just about everything in Lexington real estate. You’re within driving distance of the airport, downtown, and the Moondance Amphitheater.
Beaumont is in Lexington’s southwest corner, if you go past Beaumont you’ll be out in the Kentucky countryside. The neighborhood has a variety of modern and mid-century real estate, offering tons of variability in the types of houses you can enjoy. The streets here are well shaded and well groomed and perfect for retirees and young families alike.
Liberty Heights
Liberty Heights is almost exactly opposite of Beaumont. They have a lot in common, though Liberty Heights has more access to city amenities and public transportation. Generally the houses for sale in Liberty Heights are more affordable than elsewhere in Lexington and its proximity to highway 60 and the Lexington belt road makes commuting around the city a breeze.
Historic Downtown
Normally when you think of Kentucky you think of rural fields and woodland. That being said, Kentucky has some wonderful urban areas, Lexington chief among them. Historic downtown real estate in Lexington offers its residents a quaint mix of modern urban lifestyles grounded on streets that date back over a hundred years. With the high walkability, the surprisingly affordable housing, and all the great restaurants you could ever want, Historic Downtown is an all-out great neighborhood.
Schools In Lexington KY
Lexington real estate is conveniently located near dozens of elementary schools, several middle schools, and six major district high schools that provide high-quality education to the children of Lexington. However, when talking about education, Lexington truly shines with its colleges!
The University of Kentucky is as beloved as the horses. UK offers degrees in everything from Liberal Arts, Agricultural Studies, and Engineering. It is a shining example of what the land grant universities of the United States can provide to their students. In addition to UK, there is Transylvania University, the oldest four-year institution in Kentucky and the first such school west of the Appalachian Mountains.
Top Lexington, KY K-12 Schools
-
The Lexington School
1050 Lane Allen Rd -
Wellington Elementary School
3280 Keithshire Way -
Cassidy Elementary School
1125 Tates Creek Rd -
Squires Elementary School
3337 Squire Oak Dr -
Garrett Morgan Elementary School
1150 Passage Mound Way
FAQ about Lexington KY
What are the Best Neighborhoods in Lexington, Kentucky?
- Best urban neighborhood: Historic Downtown
- Best suburban neighborhoods: Beaumont
- Best neighborhoods for schools: Chevy Chase and Lakewood
What is the postal code for Lexington, Kentucky?
Where is the nearest commercial airport in Lexington, Kentucky?
Blue Grass Airport is 6 miles away from the center of Lexington.
What county is Lexington, Kentucky in?
Is Lexington, Kentucky A Good City To Live In?
Lexington, KY is a great city to live in thanks to the strength of the local community, the high energy generated by collegiate sports, and its diverse local economy.
Things To Do In Lexington KY
-
Go to a University of Kentucky basketball game
We’re putting this first because to do otherwise would just be disrespectful. UK basketball is dominant. In the NCAA, they are the most successful team ever. They have won thousands of games, over a hundred tournaments, and 54 conference championships. Their team name, Wildcats, is not a misnomer. Go to a game, wear blue and white, and try to stay alive amongst a crowd of fans who are absolutely rabid for Kentucky basketball. -
Attend the Festival of the Bluegrass
Kentucky isn’t called the Bluegrass State for no reason. What starts in June will last you a whole year of memories of some truly virtuoso playing. From banjo pickers, to fiddlers, to old-time singers, this festival will have you dancing and laughing with the players and other attendees. If you just moved into town, this is a great way to get involved with the community. -
Go to a horse race
We’re gearing you up to live in Lexington with this addition. As we hope you’ve realized by now, Lexington runs on horses, and its two premier race tracks, Keeneland, and Red Mile, are legendary in the world of racing. Dress down or dress up for these events; you have both options. Get down in the hollering crowd in the stands, or enjoy some fine dining in the windowed booths above. Either way, you’re in for a great race and a wonderful time. -
Enjoy the Lexington Pride Festival
For nearly fifteen years, Lexington’s LGBTQIA+ community has been hosting this festival downtown. With ever-increasing support from the rest of the city, this event is a huge boost to the community cohesion that makes Lexington such a nice place to live. With plenty of booths to explore and an overall great atmosphere to take part in, this festival is another great way to get involved with the people of Lexington. -
Go see the Lexington Philharmonic
A superb group of musicians, the Lexington Philharmonic shows off another virtuoso face of Kentucky musicians. Performing everything from Duke Ellington to Christmas classics, this orchestra is a blessing to its city. They lend a voice to local composers and conduct outreach to young musicians looking to start on their path to classical training in the music they love. -
Visit a distillery
Alright, let’s take a breather. One of the best ways to relax in Kentucky is to drink some good bourbon. We can argue all day about where the term bourbon comes from; just know that some of the best is distilled right in Lexington. We recommend you head over to Bluegrass Distillers for a tour of their facilities, a sample of their product, and a taste of an industry that put Kentucky on the map. -
Go Golfing
Lexington has five public golf courses for you to choose from, many of which sit along Lexington real estate. When it’s not too hot and humid, put the clubs in the car and head out to these picturesque greens for a tournament or just a nice relaxing game to yourself. -
Grab a bite to eat at Red State BBQ
With over two thousand reviews, overwhelming praise, and a flagrantly red building that’s hard to miss, you must try this barbecue. With Carolina, Memphis, and Texas-style sauces to choose from, this place could easily become a mainstay of your Lexington dining experience. -
Check out the Arboretum
Located on the University of Kentucky’s campus, this expansive park is full of beautiful gardens, trees, and wide-open lawns. Come here for a nice walk in the shade on a hot summer day, or a picnic on a fall afternoon, or a private snowy walk in the winter. The Arboretum could quickly become a great place to escape to without having to leave the city. -
Walk along the Raven Run Nature Sanctuary
As far as hiking and walking go, real estate in Lexington is the place to be. There are plenty of trails to choose from, and all will take you through some gorgeous woodlands, passing by grassy meadows with scenic overlooks of the Kentucky River and the cliffs its passage has left behind.
Jobs In Lexington KY
Lexington, Kentucky has one of the strongest and stablest economies in the country. The city relies on an even mix of manufacturing, tech, and a myriad of small businesses. The big employers are the University of Kentucky, the local Toyota manufacturing plant (the largest in the world), and Fayette County Public Schools, the local school district. Companies like Xerox, Lockheed Martin, and Amazon are also major players in the Lexington economy.
Transportation In Lexington KY
We advise you to have a car as your main source of transportation when living in Lexington real estate and Kentucky in general. Lexington does have its own bus transit system, though, called Lexitran, with routes servicing areas all around the system. Two major interstates service Lexington; I-64 goes west to Louisville (pronounced Loo-uh-vill) and east to West Virginia. I-67 goes north to Cincinnati, Ohio, and south to Knoxville, Tennessee. You can take domestic flights out of Bluegrass Airport and international flights from Louisville Muhammad Ali International Airport or the Cincinnati Northern Kentucky International Airport for air travel.