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 6.37%, your estimated principal and interest payment would be $850 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?
What are the most popular neighborhoods near Deerfield, Lexington, KY?
Are home prices dropping in Deerfield?
Yes, home prices in Deerfield are down 13% in the last 12 months.
Home Trends in Deerfield, KY
On average, homes in Deerfield, Lexington sell after 12 days on the market compared to the national average of 57 days. The median sale price for homes in Deerfield, Lexington over the last 12 months is $165,000, down 20% from the median home sale price over the previous 12 months.
Median Sale Price
$165,000
Median Single Family Sale Price
$324,000
Median 2 Bedroom Sale Price
$197,500
Median 1 Bedroom Sale Price
$149,000
Average Price Per Sq Ft
$207
Number of Homes for Sale
0
Last 12 months Home Sales
17
Median List Price
$170,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-20%