Why Live in Fairway
Fairway, a suburban enclave located about 3 miles southeast of downtown Lexington, is known for its refined atmosphere and stately, classically inspired homes. The neighborhood is bordered by the prestigious Idle Hour Country Club, which features an 18-hole golf course, tennis courts, a fitness center, and a swimming pool. Fairway's tree-lined streets, spacious lawns, and professionally landscaped gardens create a picturesque setting where residents often engage in outdoor activities and socializing. The neighborhood's homes, primarily built in the 1940s, include classical-revival styles with red brick construction and ornate doorways, as well as newer, larger builds replacing older structures. Students in Fairway attend highly rated schools such as Ashland Elementary and Henry Clay High, which boasts a Liberal Arts Academy and Lexington’s only Army JROTC program. Local attractions include the Henry Clay Estate in Ashland Park, Woodland Park with its tennis and basketball courts, and the Ginkgo Tree Café. Dining options nearby include Pasta Garage Italian Cafe and Kenwick Table, while grocery needs are met by Thriftway Food Mart and Kroger on Euclid Avenue. Fairway also hosts community events like the Woodland Art Fair and Jazz on the Lawn at the Henry Clay Estate. The neighborhood's central location provides easy access to downtown Lexington, Richmond Road, New Circle Road, and Interstates 64 and 75, with Blue Grass Airport just over 8 miles away.
Frequently Asked Questions
Is Fairway a good place to live?
Fairway is a good place to live. Fairway is considered car-dependent and somewhat bikeable with some transit options. Fairway is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Fairway has 11 parks for recreational activities. It is somewhat dense in population with 7.6 people per acre and a median age of 44. The average household income is $121,836 which is above the national average. College graduates make up 70.5% of residents. A majority of residents in Fairway are home owners, with 21% of residents renting and 79% of residents owning their home. A
local real estate agent serving Fairway can help you decide if this neighborhood is the right one for you. Learn more on our
Fairway neighborhood guide.
Is Fairway, KY a safe neighborhood?
Fairway, KY is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Fairway?
The median home price in Fairway is $325,000. If you put a 20% down payment of $65,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,680 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $72K a year to afford the median home price in Fairway. The average household income in Fairway is $122K.
What are the best public schools in Fairway?
The best public schools that serve Fairway are:
What are the best private schools in Fairway?
The best private schools that serve Fairway are:
What are the most popular zip codes in Fairway, Lexington, KY?
What are the most popular neighborhoods near Fairway, Lexington, KY?
Are home prices dropping in Fairway?
Yes, home prices in Fairway are down 37% in the last 12 months.
Home Trends in Fairway, KY
On average, homes in Fairway, Lexington sell after 144 days on the market compared to the national average of 70 days. The median sale price for homes in Fairway, Lexington over the last 12 months is $298,840, down 38% from the median home sale price over the previous 12 months.
Median Sale Price
$298,840
Median Single Family Sale Price
$359,990
Median Townhouse Sale Price
$322,000
Median 2 Bedroom Sale Price
$220,000
Average Price Per Sq Ft
$184
Number of Homes for Sale
5
Last 12 months Home Sales
44
Median List Price
$325,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-38%