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.
Home Trends in Cardinal Valley, KY
On average, homes in Cardinal Valley, Lexington sell after 15 days on the market compared to the national average of 51 days. The median sale price for homes in Cardinal Valley, Lexington over the last 12 months is $219,000, up 1% from the median home sale price over the previous 12 months.
Median Sale Price
$219,000
Median Single Family Sale Price
$225,000
Average Price Per Sq Ft
$177
Number of Homes for Sale
4
Last 12 months Home Sales
27
Median List Price
$230,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%