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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

$650,670

AVERAGE PRICE OF 825 HOMES

$1,262,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,915,419

AVERAGE PRICE OF 73 MULTI-MILLION DOLLAR HOMES

$596,567

AVERAGE PRICE OF 244 NEWLY BUILT HOMES

$1,780,132

AVERAGE PRICE OF 34 HOMES WITH A POOL

$395,162

AVERAGE PRICE OF 16 REDUCED PRICE HOMES

Average Home

Average Price $650,670
Avg Bedrooms 3.33 beds
Avg Bathrooms 2.76 baths

Average Price by Bedrooms

1 bedroom $297,604
2 bedrooms $389,902
3 bedrooms $457,691
4 bedrooms $528,047
5 bedrooms $987,340
Lexington Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 938 1,024 1,009 662 n/a
Average Price $626,538 $616,494 $626,187 $737,518 n/a
Avg Price Change +1.63% -1.57% -17.78% n/a n/a
Median Price $396,747 $393,585 $387,263 $420,800 n/a
Med Price Change +0.80% +1.63% -8.66% n/a n/a
Avg Bedrooms 3.29 beds 3.26 beds 3.26 beds 3.18 beds n/a
Avg Bathrooms 2.69 baths 2.66 baths 2.66 baths 2.66 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bryan Station 185 $657,400 67 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 825 $650,670 70 days
Distressed Homes 2 $1,262,000 119 days
Multi-Million Dollar Homes 73 $2,915,419 85 days
Newly Built Homes 244 $596,567 72 days
Homes with a Pool 34 $1,780,132 72 days
Reduced Price Homes 16 $395,162 68 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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