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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

$510,097

AVERAGE PRICE OF 683 HOMES

$525,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,132,406

AVERAGE PRICE OF 36 MULTI-MILLION DOLLAR HOMES

$519,663

AVERAGE PRICE OF 215 NEWLY BUILT HOMES

$1,432,229

AVERAGE PRICE OF 28 HOMES WITH A POOL

$475,359

AVERAGE PRICE OF 22 REDUCED PRICE HOMES

Average Home

Average Price $510,097
Avg Bedrooms 3.52 beds
Avg Bathrooms 2.84 baths

Average Price by Bedrooms

1 bedroom $305,971
2 bedrooms $323,086
3 bedrooms $389,973
4 bedrooms $528,002
5 bedrooms $714,205
Lexington Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 668 711 770 751 769
Average Price $505,987 $499,562 $500,761 $500,381 $495,062
Avg Price Change +1.29% -0.24% +0.08% +1.07% -0.63%
Median Price $380,997 $374,211 $375,406 $377,360 $386,483
Med Price Change +1.81% -0.32% -0.52% -2.42% -1.14%
Avg Bedrooms 3.5 beds 3.47 beds 3.46 beds 3.48 beds 3.46 beds
Avg Bathrooms 2.84 baths 2.79 baths 2.78 baths 2.8 baths 2.79 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Henry Clay 159 $666,997 89 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 683 $510,097 80 days
Distressed Homes 1 $525,000 488 days
Multi-Million Dollar Homes 36 $2,132,406 126 days
Newly Built Homes 215 $519,663 109 days
Homes with a Pool 28 $1,432,229 66 days
Reduced Price Homes 22 $475,359 42 days
National Real Estate
Brandon Feltner
829 National Ave Ste 200
Lexington, KY 40502
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 - National Real Estate 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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