Why Live in Eastland Parkway
Eastland Parkway, located in Lexington, is a suburban neighborhood bordered by the interstate, New Circle, and Winchester roads. This area is known for its convenience, offering residents more space while remaining close to amenities. The neighborhood is adjacent to the Hamburg area, home to the Hamburg Pavilion, a major shopping center. Recent construction projects, including the new Frederick Douglass High School and the upcoming Mary E. Britton Middle School, are drawing attention to the area. Additionally, Baptist Health Hamburg, an emergency room and outpatient surgery center, is being built nearby. Eastland Parkway features many ranch-style houses from the 1960s, with mature trees providing shade. Larger, modern homes with Craftsman and traditional features are also present, some with porches and balconies. Dining and shopping options are plentiful, with establishments like Tudor’s Biscuit World and Mi Mexico on New Circle Road, and chains like First Watch and Sonny’s BBQ around Winchester. Dixie Park, located within the neighborhood, is ideal for casual strolls and picnics, while Kenawood Park offers grills, a basketball court, and a baseball field. Castlewood Park, with its aquatic center and historic Loudoun House, is another popular spot. The Radiant Church hosts community events such as a Christmas dinner and the Eggstravaganza during Easter. Schools serving the area include Dixie Magnet Elementary, Crawford Middle School, and Frederick Douglass High School, all of which have high ratings. Lextran bus stops and Winchester Road provide connections to downtown Lexington and UK HealthCare’s Albert B. Chandler Hospital.
Frequently Asked Questions
Is Eastland Parkway a good place to live?
Eastland Parkway is a good place to live. Eastland Parkway is considered very car-dependent and somewhat bikeable with some transit options. Eastland Parkway is a suburban neighborhood. Eastland Parkway has 9 parks for recreational activities. It is fairly sparse in population with 5.6 people per acre and a median age of 40. The average household income is $49,075 which is below the national average. College graduates make up 22.7% of residents. A majority of residents in Eastland Parkway are renters, with 67% of residents renting and 33% of residents owning their home. A
local real estate agent serving Eastland Parkway can help you decide if this neighborhood is the right one for you. Learn more on our
Eastland Parkway neighborhood guide.
How much do you need to make to afford a house in Eastland Parkway?
The median home price in Eastland Parkway is $349,000. If you put a 20% down payment of $69,800 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,810 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $78K a year to afford the median home price in Eastland Parkway. The average household income in Eastland Parkway is $49K.
What are the best public schools in Eastland Parkway?
The best public schools that serve Eastland Parkway are:
What are the most popular zip codes in Eastland Parkway, Lexington, KY?
What are the most popular neighborhoods near Eastland Parkway, Lexington, KY?
Are home prices dropping in Eastland Parkway?
Yes, home prices in Eastland Parkway are down 3% in the last 12 months.
Home Trends in Eastland Parkway, KY
On average, homes in Eastland Parkway, Lexington sell after 129 days on the market compared to the national average of 70 days. The median sale price for homes in Eastland Parkway, Lexington over the last 12 months is $299,990, down 22% from the median home sale price over the previous 12 months.
Median Sale Price
$299,990
Median Single Family Sale Price
$511,000
Median Townhouse Sale Price
$299,990
Median 2 Bedroom Sale Price
$265,000
Median 1 Bedroom Sale Price
$265,000
Average Price Per Sq Ft
$339
Number of Homes for Sale
5
Last 12 months Home Sales
87
Median List Price
$349,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-22%