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Lexington

Why you'd want to live in Lexington

Known as the Horse Capital of the World, Lexington is a great place to live and work, whether or not you are single or raising a family! With a population of more than 400,000, it is the second largest city in Kentucky. It's no wonder the population is growing! Brief History of the Area When European settlers arrived on the scene, the Bluegrass region was in use as a hunting ground for numerous Native American tribes. Daniel Boone was one of the first Anglo-Saxons to explore the area. He helped establish Kentucky's first forts in Harrodsburg and Boonesborough. Lexington was founded in 1775, 17 years before Kentucky became a state. William McConnell and a group of frontier explorers were camped at a natural spring when word came from nearby Fort Boonesborough that the first battle of the American Revolution had been fought in Lexington, Massachusetts. In honor of the battle, the group named their site “Lexington.” By 1820, Lexington, Kentucky, was one of the largest and wealthiest towns west of the Allegheny Mountains. So cultured was its lifestyle, our city soon gained the nickname "Athens of the West." Lexington Quick Facts Lexington was named one of the "Top 10 College Towns 2013," by Livability magazine, ranking fifth. Lexington is less than 200 miles from 6 major cities (Cincinnati, Columbus, Louisville, Nashville, Knoxville, and Indianapolis) Lexington has over 100 parks; among those are 6 public golf courses, 4 dog parks, 2 disc golf courses, and a skate park Lexington is the Horse Capital of the World, home of some of the finest racehorses 39.3% of Lexington's workforce has a bachelor's degree or higher Lexington's unemployment rate is typically lower than the rest of the state and nation Lexington has over 550 restaurants from which to choose via psychiatry.med.uky.edu

Lexington Market Report

$609,323

AVERAGE PRICE OF 1,144 HOMES

$299,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,714,055

AVERAGE PRICE OF 95 MULTI-MILLION DOLLAR HOMES

$568,555

AVERAGE PRICE OF 248 NEWLY BUILT HOMES

$1,363,142

AVERAGE PRICE OF 60 HOMES WITH A POOL

$525,970

AVERAGE PRICE OF 41 REDUCED PRICE HOMES

Average Home

Average Price $609,323
Avg Bedrooms 3.31 beds
Avg Bathrooms 2.68 baths

Average Price by Bedrooms

1 bedroom $164,382
2 bedrooms $329,926
3 bedrooms $410,743
4 bedrooms $541,362
5 bedrooms $916,861
Lexington Home Price Trends
  3/2026 2/2026 1/2026 12/2025 11/2025
Total Listings 1,072 1,007 1,090 1,183 1,310
Average Price $613,855 $608,747 $598,103 $606,819 $587,148
Avg Price Change +0.84% +1.78% -1.46% +3.35% -0.92%
Median Price $395,576 $398,727 $398,024 $392,929 $387,483
Med Price Change -0.80% +0.18% +1.30% +1.41% -2.02%
Avg Bedrooms 3.3 beds 3.32 beds 3.35 beds 3.31 beds 3.36 beds
Avg Bathrooms 2.65 baths 2.65 baths 2.67 baths 2.66 baths 2.71 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Henry Clay 238 $636,218 76 days
Total Homes Average Price Avg Days on Site
All Homes 1,144 $609,323 80 days
Distressed Homes 1 $299,900 201 days
Multi-Million Dollar Homes 95 $2,714,055 103 days
Newly Built Homes 248 $568,555 128 days
Homes with a Pool 60 $1,363,142 88 days
Reduced Price Homes 41 $525,970 60 days
Kentucky Land & Home
Brandon Feltner
115 N Hamilton Street
Georgetown, KY 40324
606-233-1259

Blake Henderson
Honor Home Loans
505 Wellington Way, Ste 110
Lexington, KY 40503
859-437-4064

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Brandon Feltner - Kentucky Land & Home are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX brokers.
Data from other IDX's is "deemed reliable but not guaranteed."
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