Why Live in Loradale
Loradale, located northeast of Lexington, Kentucky, is a picturesque rural community known for its rolling pastures, black plank fences and grazing horses. This area is home to notable horse breeding facilities, attracting equine enthusiasts and industry professionals. Properties here are predominantly large acreage farms, often exceeding 50 acres, with equestrian amenities such as stables, paddocks and round pens. Some homes date back to the 1800s, featuring Greek Revival and Colonial Revival architecture, while smaller single-family ranch-style homes on acre-sized lots are also available. The highly rated Fayette County Public Schools serve the area, including Bryan Station High School with specialized arts and IT programs. Loradale is also conveniently close to Paris, Georgetown and Downtown Lexington, which are all within 20 minutes. Residents can find essentials and dining at local spots like Jot 'Em Down Store, Loradale Market, Windy Corner Market and Restaurant, Up In Smoke BBQ and Pappy's Produce, but will have to head into Lexington for retail shopping. For things to do, Kentucky Horse Park, the Legacy Trail and Houston Oaks Golf Course are all nearby.
Frequently Asked Questions
Is Loradale a good place to live?
Loradale is a good place to live. Loradale is considered very car-dependent and somewhat bikeable. Loradale has 8 parks for recreational activities. It has a median age of 49. The average household income is $126,187 which is above the national average. College graduates make up 41% of residents. A majority of residents in Loradale are home owners, with 45.9% of residents renting and 54.1% of residents owning their home. A
local real estate agent serving Loradale can help you decide if this neighborhood is the right one for you. Learn more on our
Loradale neighborhood guide.
Is Loradale, KY a safe neighborhood?
Loradale, KY is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Loradale?
The median home price in Loradale is $562,000. If you put a 20% down payment of $112,400 and had a 30-year fixed mortgage with an interest rate of 6.51%, your estimated principal and interest payment would be $2,840 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $122K a year to afford the median home price in Loradale. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Loradale is $126K.
What are the best public schools in Loradale?
The best public schools that serve Loradale are:
What are the most popular zip codes in Loradale, Lexington, KY?
What are the most popular neighborhoods near Loradale, Lexington, KY?
Are home prices dropping in Loradale?
Yes, home prices in Loradale are down 65% in the last 12 months.
Home Trends in Loradale, KY
On average, homes in Loradale, Lexington sell after 51 days on the market compared to the national average of 58 days. The median sale price for homes in Loradale, Lexington over the last 12 months is $493,750, down 65% from the median home sale price over the previous 12 months.
Median Sale Price
$493,750
Median Single Family Sale Price
$493,750
Average Price Per Sq Ft
$193
Number of Homes for Sale
0
Last 12 months Home Sales
4
Median List Price
$562,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
-65%