Why Live in Historic Western Suburb
When walking through Lexington's Historic Western Suburb, it doesn't take long to realize that it's one of the oldest neighborhoods in the city. Residents may notice impressive stone facades, quaint cottages and classically-inspired homes that modern builders no longer make. The oldest standing home in the neighborhood, the Matthew Walker House, was built in 1795, just 15 years after the city of Lexington was first settled. Another famous home is the Mary Todd Lincoln House. Now a museum, residents can walk by or tour the house to learn the history of one of the United States' most famous first ladies and the wife of Abraham Lincoln. Over its long history, however, Lexington's Historic Western Suburb has also seen many ups and downs. "The neighborhood used to be in steep decline, with people moving out of the area and homes falling into disrepair, but it's seen a big transformation since then," says John Hackworth, a local educator and resident who has lived in Lexington for over 30 years. Nowadays, residents of Historic Western Suburb enjoy the neighborhood's unique combination of a storied, old-timey atmosphere with proximity to "The best restaurants, entertainment and shopping
Home Trends in Historic Western Suburb, KY
On average, homes in Historic Western Suburb, Lexington sell after 21 days on the market compared to the national average of 51 days. The median sale price for homes in Historic Western Suburb, Lexington over the last 12 months is $402,000, down 9% from the median home sale price over the previous 12 months.
Median Sale Price
$402,000
Median Single Family Sale Price
$603,250
Median Townhouse Sale Price
$305,000
Median 2 Bedroom Sale Price
$402,500
Median 1 Bedroom Sale Price
$270,000
Average Price Per Sq Ft
$306
Number of Homes for Sale
3
Last 12 months Home Sales
18
Median List Price
$420,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-9%