Why Live in Gainesway
Gainesway, a well-established neighborhood in Lexington, offers residents a convenient location with easy access to New Circle Road, the University of Kentucky, and downtown Lexington, all within a 10-minute drive. Homes in Gainesway, primarily ranch-style, split-level, and colonial houses built in the mid-20th century, feature mature trees and spacious yards. Townhouses are also available. The neighborhood is part of the Fayette County Public Schools district, with students attending Tates Creek Elementary, Tates Creek Middle School, and Tates Creek High School. Trinity Christian Academy, a highly rated private school, is nearby. Gainesway Park, with its pond, walking trail, and sports facilities, and Kirklevington Park, home to Lexington's only pickleball court complex, are popular local attractions. Lansdowne-Merrick Park offers a 1.4-mile trail for walking enthusiasts. Dining options include the Merrick Inn and Malone's, while grocery shopping is convenient with a Kroger 3 miles away. Fayette Mall, 4 miles from Gainesway, provides various shopping opportunities. The neighborhood is served by the Lextran bus system, and Blue Grass Airport is 9 miles away. Baptist Health Lexington is a 4-mile drive for medical needs. The annual Gainesway Festival of Neighbors fosters community spirit with free activities and resources. Golfers can enjoy the Tates Creek Golf Course and its aquatic center.
Home Trends in Gainesway, KY
On average, homes in Gainesway, Lexington sell after 77 days on the market compared to the national average of 69 days. The median sale price for homes in Gainesway, Lexington over the last 12 months is $389,754, down 23% from the median home sale price over the previous 12 months.
Median Sale Price
$389,754
Median Single Family Sale Price
$469,900
Median Townhouse Sale Price
$424,315
Median 2 Bedroom Sale Price
$439,000
Average Price Per Sq Ft
$203
Number of Homes for Sale
11
Last 12 months Home Sales
53
Median List Price
$449,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-23%