Why Live in Coletown
Coletown, a rural neighborhood southeast of Lexington, Kentucky, offers a serene lifestyle with a rich historical background. Named after Milley Cole, a formerly enslaved woman, Coletown has grown from 30 residents in 1971 to over 1,300 today. The area is known for its expansive properties, with homes ranging from ranch-style houses on 3 to 5 acres to custom estates on up to 90 acres. The neighborhood's top attraction is the 700-acre Raven Run Nature Sanctuary, which features 10 miles of trails and historical remnants from the early 19th century. Nearby, Jacobson Park offers adaptive watersports, a dog park, and summer movie nights, while Wicked World Scaregrounds provides seasonal Halloween entertainment. Dining options include Boonedogs, known for its gourmet hot dogs and live music, and Proud Mary BBQ, which serves Southern cuisine by the Kentucky River. Wine enthusiasts can visit Talon Winery, Jean Farris Winery & Bistro, and Grimes Mill Winery for tastings and events. Students attend highly rated Fayette County Public Schools, including Brenda Cowan Elementary, Edythe J. Hayes Middle, and Henry Clay High School, which features the Liberal Arts Academy. Coletown is 10 miles from downtown Lexington, with the nearest hospital 6 miles away and Blue Grass Airport 14 miles away. The neighborhood enjoys a low crime rate, safer than the national average, making it a peaceful place to live.
Home Trends in Coletown, KY
On average, homes in Coletown, Lexington sell after 127 days on the market compared to the national average of 70 days. The median sale price for homes in Coletown, Lexington over the last 12 months is $479,900, up 141% from the median home sale price over the previous 12 months.
Median Sale Price
$479,900
Median Single Family Sale Price
$839,500
Median Townhouse Sale Price
$479,900
Average Price Per Sq Ft
$269
Number of Homes for Sale
1
Last 12 months Home Sales
8
Median List Price
$750,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
141%