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Melrose-Oakpark Home for Sale

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    $79,999

    • Land
    • 0.21 Acre
    • $380,948 per Acre

    123 Henton Rd, Lexington, KY 40508

    Discover an exceptional opportunity with this well-located lot just minutes from downtown and within walking distance to The Distillery District and Turner Commons. Enjoy the convenience of quick access to New Circle Road and I-75, making commuting and exploring the city effortless. Whether you're looking to build a home or develop an investment property, this versatile lot offers endless

    Ellie Hatton The Brokerage

    123 Henton Rd, Lexington, KY 40508

Frequently Asked Questions

Is Melrose-Oakpark a good place to live?
Melrose-Oakpark is a good place to live. Melrose-Oakpark is considered somewhat walkable and somewhat bikeable with minimal transit options. Melrose-Oakpark is a suburban neighborhood. Melrose-Oakpark has 11 parks for recreational activities. It is fairly sparse in population with 3.0 people per acre and a median age of 34. The average household income is $62,695 which is below the national average. College graduates make up 35.7% of residents. A majority of residents in Melrose-Oakpark are renters, with 74.7% of residents renting and 25.3% of residents owning their home. A local real estate agent serving Melrose-Oakpark can help you decide if this neighborhood is the right one for you. Learn more on our Melrose-Oakpark neighborhood guide.
Is Melrose-Oakpark, KY a safe neighborhood?
Melrose-Oakpark, KY is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Melrose-Oakpark?
The median home price in Melrose-Oakpark is $302,499. If you put a 20% down payment of $60,500 and had a 30-year fixed mortgage with an interest rate of 6.22%, your estimated principal and interest payment would be $1,490 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $64K a year to afford the median home price in Melrose-Oakpark. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Melrose-Oakpark is $63K.
What are the best public schools in Melrose-Oakpark?
The best public schools that serve Melrose-Oakpark are:
What are the best private schools in Melrose-Oakpark?
The best private schools that serve Melrose-Oakpark are:
What are the most popular zip codes in Melrose-Oakpark, Lexington, KY?
The most popular zip codes in Melrose-Oakpark, Lexington, KY include 40511, 40508, 40504, 40507 and 40503.
What are the most popular neighborhoods near Melrose-Oakpark, Lexington, KY?
The most popular neighborhoods near Melrose-Oakpark, Lexington, KY are Saint Martins Village, Cardinal Valley, Georgetown, Northside and West Lexington.

Home Trends in Melrose-Oakpark, KY

Housing Trends

Median Sale Price
$290,000
Median Single Family Sale Price
$285,000
Median Townhouse Sale Price
$312,500
Average Price Per Sq Ft
$194
Number of Homes for Sale
0
Last 12 months Home Sales
12
Months of Supply
0.00
Median List Price
$302,499
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
10%
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