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Deerfield Homes for Sale

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    $750,000

    • Land
    • 0.58 Acre
    • $1,293,103 per Acre

    216 Southland Dr, Lexington, KY 40503

    One of Lexington's favorite corridors, Southland Drive offers some of the best of Lexington's local business alongside high profile national retailers. This corner lot sits prominently and is a great opportunity for a variety of professional retail and office uses seeking maximum exposure and comfortable accessibility. -Southland Drive Traffic Count: 13,200 Vehicles Per Day -Strategic connector

    Greg Leveridge Block + Lot Real Estate

    216 Southland Dr, Lexington, KY 40503
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    $210,000

    • 2 Beds
    • 2 Baths
    • 1,094 Sq Ft

    188 Regency Point Path, Lexington, KY 40503

    this unique gated community has a beautiful 2 bed 2 bath condo just minutes away from Fayette mall and 2.1 miles to University of Kentucky campus. This charming condo is 2 doors from the beautiful community pool. Walk in to a living room with a half bath, amazing kitchen with room for a table and has an outback sitting area for entertaing guests. Upstairs has 2 bedrooms with a full bath. Call for

    Dew Gorman Moore Real Estate

    188 Regency Point Path, Lexington, KY 40503
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    $434,000

    • 3 Beds
    • 2 Baths
    • 2,042 Sq Ft

    2063 Rainbow Rd, Lexington, KY 40503

    Located in the heart of the highly sought-after Southland neighborhood, 2063 Rainbow Road offers the perfect blend of walkability, charm, and thoughtful updates, all tucked away on a quiet, low-traffic street. Enjoy being just steps from local restaurants, coffee shops, a beloved donut shop, boutique shopping, the weekly Southland Farmers Market, and the neighborhood's annual street festival.

    Melia Hord Keller Williams Legacy Group

    2063 Rainbow Rd, Lexington, KY 40503

Why Live in Deerfield

Deerfield is a suburban Lexington neighborhood that's close to the University of Kentucky and the city's main hospitals. The community is known for its family-friendly atmosphere, both due to its access to parks and businesses and to its strong public schools. Clays Mill Elementary School, Morton Middle School and Lafayette High School receive high marks from Niche. Deerfield's homes, primarily ranch-style houses built between the 1950s and 1960s, tend to sell for $220,000 to $500,000. Residents have access to numerous things to do, such as dining at local favorites like Old San Juan and Planet Thai, or enjoying the shops and eateries along Southland Drive. Recreational options include Shillito Park – which boasts a disc golf course, playgrounds and sports facilities – and Wellington Park, known for its walking trails and dog park. For indoor activities, Southland Lanes provides bowling, arcade games and more. Deerfield's location allows easy access to Downtown Lexington's live music events like TahlSound and the Southland Avenue seasonal farmers' market. Transportation options are plentiful, with local buses, Interstates 75 and 64 and Blue Grass Airport just 5 miles away. Medical facilities such as Baptist Health Lexington and Kentucky Children’s Hospital are also nearby.

Frequently Asked Questions

Is Deerfield a good place to live?
Deerfield is a good place to live. Deerfield is considered fairly walkable and bikeable with some transit options. Deerfield is a suburban neighborhood. Deerfield has 8 parks for recreational activities. It is fairly sparse in population with 3.0 people per acre and a median age of 39. The average household income is $90,889 which is below the national average. College graduates make up 60.2% of residents. A majority of residents in Deerfield are home owners, with 40.7% of residents renting and 59.3% of residents owning their home. A local real estate agent serving Deerfield can help you decide if this neighborhood is the right one for you. Learn more on our Deerfield neighborhood guide.
Is Deerfield, KY a safe neighborhood?
Deerfield, KY is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Deerfield?
The median home price in Deerfield is $170,000. If you put a 20% down payment of $34,000 and had a 30-year fixed mortgage with an interest rate of 6.22%, your estimated principal and interest payment would be $830 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $36K a year to afford the median home price in Deerfield. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Deerfield is $91K.
What are the best public schools in Deerfield?
The best public schools that serve Deerfield are:
What are the best private schools in Deerfield?
The best private schools that serve Deerfield are:
What are the most popular zip codes in Deerfield, Lexington, KY?
The most popular zip codes in Deerfield, Lexington, KY include 40503, 40502, 40517, 40504 and 40515.
What are the most popular neighborhoods near Deerfield, Lexington, KY?
The most popular neighborhoods near Deerfield, Lexington, KY are Open Gates, Zandale, Lansdowne, Pasadena and Stoneybrook-Brigadoon.
Are home prices dropping in Deerfield?
Yes, home prices in Deerfield are down 4% in the last 12 months.

Home Trends in Deerfield, KY

Housing Trends

Median Sale Price
$163,500
Median Single Family Sale Price
$330,000
Median 2 Bedroom Sale Price
$190,000
Median 1 Bedroom Sale Price
$149,900
Average Price Per Sq Ft
$209
Number of Homes for Sale
2
Last 12 months Home Sales
16
Months of Supply
1.50
Median List Price
$170,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-19%
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