Lexington, KY Homes For Sale & Real Estate

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Lexington, KY Real Estate Insights

As the second largest city in Kentucky, Lexington is home to 274,263 citizens. But its size doesn't lead it astray from a hometown feel. Lexington is a strong community even though the greater metro is comprised of five different counties. Families are especially drawn to Lexington due to the school ratings. With a 6.76 rank for elementary and middle schools and a score of 7 for high schools, both out of 10, families continuously select Lexington to raise their children in a well-rounded, enjoyable environment. Lexington residents of all ages are accustomed to attractions such as the Kentucky Horse Park and the Keeneland Race Course, which earned the city the name, "Horse Capital of the World." For those who aren't fans of equestrian sports, the Bluegrass and Lexington Farmer's Market offer local, fresh finds throughout the week, and the Kentucky Crawfish Festival transports Cajun-inspired seafood and critters from Louisiana every May. The bluegrass culture of Kentucky holds true in Lexington, and locals love to celebrate the state's musical roots through celebrations, dancing and dining.

Convinced that Lexington might be the right place to live? Lexington real estate prices are on the rise, so now might be the time to invest. In 2014, the average list price was $226,705, and increased 27.09 percent to $288,110 last year. Inventory, on the other hand, declined significantly year-over-year in 2015. Homes on the market dropped 30.03 percent, from 1,818 homes for sale to 1,272 homes for sale.