40503 Real Estate Market Overview

Could Lexington, KY 40503 be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about 40503. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 40503 such as Nich...olasville and Georgetown. When you’re ready, Trulia has 27 resale and new homes in 40503 lined up for you, including 2 open houses, and 19 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$176,000

Median Sales Price

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$120

Price Per Sqft

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$1,250

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 40503 show a 2% year-over-year rise in median sales price and a 4% rise in median rent per month.

Median Sales Price
The median sales price for homes in 40503 for Oct 19 to Jan 18 was $176,000 based on 100 home sales.
Price Per Square Ft.
Average price per square foot for 40503 was $120, an increase of 6% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 40503 for Dec 19 to Jan 19 was $1,250.

Crime

Most frequent crimes in the past year

40503 has very low crime relative to the rest of Fayette County.

Knowing more about crime activity in and around 40503 can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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1,651

Counts of Theft

289

Counts of Vandalism

229

Counts of Assault


Best Schools in 40503

There are 5 schools in 40503.

Elementary Schools
10

Scapa At Bluegrass

Public, 4 - 8

9

Stonewall Elementary School

Public, PK - 5

9

Clays Mill Elementary School

Public, K - 5

Middle Schools
10

Scapa At Bluegrass

Public, 4 - 8

9

Jessie M Clark Middle School

Public, 6 - 8

High Schools
9

Lafayette High School

Public, 9 - 12


Demographics

Get to know your neighbors in 40503 by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
42%
Single residents
Home owners
62%
Home owners
Median age
38
Median age
Household income
$50,600
Median household income
College educated
52%
College educated

Commute

Most people in 40503 commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
94% commute by car
0% commute by bike
0% commute by public transportation
2% commute by foot

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