Why Live in Masterson Station
Masterson Station, located on the northwestern edge of Lexington, is a developing neighborhood characterized by modern traditional homes with farmhouse accents, typically featuring three to four bedrooms and one-and-a-half to two baths. The area is known for its closely packed homes along winding streets and cul-de-sacs, with low-slung picket fences and new-growth trees providing shade. Masterson Station Park, a vast green space with play areas, fields, trails, and an equestrian center, is a central attraction, hosting numerous events throughout the year, including the Bluegrass Fair and Yappy Hour. For families, Sandersville Elementary and Leestown Middle are highly rated schools within the neighborhood. Dining options include local favorites like Biscuit Belly and Ramsey’s Diner, while The Service Station offers a unique bar experience with creative cocktails and food trucks. Grocery needs are met by Crossroads IGA and Fruteria Las Veracruzanas, with additional retail and dining along Leestown Road. The neighborhood is car-dependent, with Blue Grass Airport and major hospitals like Baptist Health Lexington within 7 miles. Masterson Station is safer than the national average, making it a practical choice for families. The Masterson Station Homeowners’ Association oversees property maintenance and landscaping, ensuring a well-kept community. With a mix of single-family homes and townhouses, Masterson Station provides a range of housing options in a vibrant, expanding area.
Home Trends in Masterson Station, KY
On average, homes in Masterson Station, Lexington sell after 57 days on the market compared to the national average of 70 days. The median sale price for homes in Masterson Station, Lexington over the last 12 months is $349,990, down 8% from the median home sale price over the previous 12 months.
Median Sale Price
$349,990
Median Single Family Sale Price
$437,942
Median Townhouse Sale Price
$305,000
Median 2 Bedroom Sale Price
$389,500
Average Price Per Sq Ft
$215
Number of Homes for Sale
41
Last 12 months Home Sales
336
Median List Price
$420,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-8%