Why Live in Cardinal Valley
Cardinal Valley in Lexington, KY, is a suburban neighborhood located off Versailles Road, featuring a mix of ranch-style homes, Cape Cods, and Colonial Revivals, many with brick exteriors and dormer windows. Homes in this area were primarily built between the late 1940s and early 1990s, with most dating back to around 1960. The neighborhood has a balanced mix of homeowners and renters, with properties typically selling quickly. Students attend schools in the Fayette County Public Schools system, including the highly rated Leestown Middle School and Paul Laurence Dunbar High School. Cardinal Valley provides easy access to various Lexington locales, including the Distillery District, which is 2 miles northeast and features dining spots like Goodfellas Pizzeria and Crank & Boom. For outdoor activities, residents can visit McConnell Springs Park, Valley Park, and Preston’s Springs Park. Valley Park also hosts events such as the annual Day of the Dead festival. The neighborhood is well-connected via KY-4/New Circle Road and US-60/Versailles Road, with downtown Lexington and the University of Kentucky just 2 miles away. Blue Grass Airport is 4 miles west, and UK Health Good Samaritan Hospital is 2 miles east. Cardinal Valley residents enjoy proximity to horse racing venues like the Red Mile and Keeneland. Potential residents should be aware that the area has organized community initiatives to address safety concerns.
Frequently Asked Questions
Is Cardinal Valley a good place to live?
Cardinal Valley is a good place to live. Cardinal Valley is considered car-dependent and somewhat bikeable with some transit options. Cardinal Valley is a suburban neighborhood. Cardinal Valley has 11 parks for recreational activities. It is somewhat dense in population with 8.4 people per acre and a median age of 36. The average household income is $48,348 which is below the national average. College graduates make up 14.6% of residents. A majority of residents in Cardinal Valley are renters, with 57.7% of residents renting and 42.3% of residents owning their home. A
local real estate agent serving Cardinal Valley can help you decide if this neighborhood is the right one for you. Learn more on our
Cardinal Valley neighborhood guide.
How much do you need to make to afford a house in Cardinal Valley?
The median home price in Cardinal Valley is $239,900. If you put a 20% down payment of $48,000 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $1,180 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $51K a year to afford the median home price in Cardinal Valley. The average household income in Cardinal Valley is $48K.
What are the best public schools in Cardinal Valley?
The best public schools that serve Cardinal Valley are:
What are the best private schools in Cardinal Valley?
The best private schools that serve Cardinal Valley are:
What are the most popular zip codes in Cardinal Valley, Lexington, KY?
What are the most popular neighborhoods near Cardinal Valley, Lexington, KY?
Home Trends in Cardinal Valley, KY
On average, homes in Cardinal Valley, Lexington sell after 21 days on the market compared to the national average of 52 days. The median sale price for homes in Cardinal Valley, Lexington over the last 12 months is $229,900, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$229,900
Median Single Family Sale Price
$227,450
Median Townhouse Sale Price
$750,000
Average Price Per Sq Ft
$182
Number of Homes for Sale
6
Last 12 months Home Sales
27
Median List Price
$239,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%