Reservoir, Lexington Real Estate & Homes For Sale

22 homes

Real Estate & Homes For Sale Near Reservoir, Lexington, KY

We found 30 more homes matching your filters just outside Reservoir

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Reservoir, Lexington, KY Real Estate Trends

Learn about the Reservoir, Lexington, KY housing market through trends and averages.

Affordability of Living in Reservoir, Lexington, KY

The median home value is $627,327
MonthMedian home value
September 2025$583k
October 2025$591k
November 2025$598k
December 2025$604k
January 2026$607k
February 2026$608k
March 2026$609k
April 2026$610k
May 2026$614k
June 2026$619k
July 2026$624k
August 2026$627k
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Trends and affordability stats are provided by third party data sources.

Average Home Value in Reservoir, Lexington, KY, by Home Size

Home SizeHome Value*
2 bedrooms (See homes)$249,033
3 bedrooms (See homes)$479,818
4 bedrooms (See homes)$788,619
*Home value over the past month

Explore the Neighborhood

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Neighborhood stats provided by third party data sources.

What Locals Say about Reservoir

  • Trulia User
    "There are a ton of rental properties in this area and near the local high school. Traffic can be dense around school times. "
  • Trulia User
    "There is dog owners everywhere & there is also multiple dog parks. Everyone is respectful and most dog owners pick up after their dogs use the restroom. "
  • Trulia User
    "This is a very pleasant area...Pretty quite for the most part. Clean, great people, and several nice parks/trails and for your future babies...All the school are really close, just convenient for all the youngsters...Thank you"
  • Kimberly T.
    "Great schools, nice neighborhood, close to several eateries, established neighborhoods not far from UK."
  • Laura K. C.
    "Plenty of dog owners in the area & lots of sidewalks to walk around. Very friendly, outgoing people in the area"
  • Megan M.
    "Great neighborhood. Dog friendly. Grocery, restaurants! And shops in walking distance. Close to almost everything in Lexington (mall, university, stores and groceries) via back roads. "
  • Weshopkins
    "Most of the lots in this neighborhood are found next to a body of water, either a reservoir or pond, making it a very neat area to enjoy when home. Whether it’s fishing, canoeing, or relaxing, you can’t find many other places like this in Lexington. "
  • Iamjudyp79
    "Love being close to lake!"
  • Mark P.
    "Close to Chevy Chase and Richmond road - many restaurants in both areas. 2 minutes to Richmond Road, 4 to New Circle. "
  • Lisa R.
    "Easy access to New Circle, downtown, UK and all major arteries while being able to live inside New Circle in a very quiet neighborhood. The best of the best!"
  • Chris M.
    "We live in Lakewood and work at UK. This is the perfect neighborhood - we really don't have to deal with Lexington traffic, it is quiet and close to shopping, a beautiful area, with all amenities. Only problem is there is some targeting of the neighborhood to theft from unlocked cars and we have poor cell phone reception due to being in a cold spot."

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