$899,000
- 4 Beds
- 3.5 Baths
- 5,028 Sq Ft
3049 Old Field Way, Lexington, KY 40513
Richa Tyagi Rector Hayden Realtors
$899,000
3049 Old Field Way, Lexington, KY 40513
Richa Tyagi Rector Hayden Realtors
$99,500
563 Constitution Dr, Winchester, KY 40391
Jason Townsend Kentucky Residential Real Estate, LLC
Known as the Horse Capital of the World, Lexington captivates residents with its prestigious Keeneland Race Course, which hosts thrilling thoroughbred racing during Spring and Fall meets. The Kentucky Horse Park stands as a working horse farm where visitors experience diverse horse breeds and demonstrations. Beyond equestrian attractions, the city features cultural landmarks like the historic Lexington Opera House and the Mary Todd Lincoln House. The dining scene includes upscale establishments such as Jeff Ruby's Steakhouse, featuring a grand piano stage, and farm-to-table restaurants like Honeywood.
The Lexington housing market presents diverse options across price points. The median sale price for homes sits at $332,500. Single family homes have a median price of $356,000, while townhomes have a median price of $286,000. One-bedroom condos start at a median price of $178,000, and two-bedroom condos have a median price of $254,800. Luxury neighborhoods like Ashland Park command a median single family home price of $826,500, while areas like Meadowthorpe maintain a median single family home price of $335,600.
Lexington's cost of living registers 8% below the national average. A family with children ages 6 to 17 needs $97,000 annually to live comfortably, while renters require $52,000. The property tax rate in Fayette County is 0.89%, comparing favorably to Cincinnati's Hamilton County rate of 1.53%. Kentucky maintains a 6% state sales tax with no additional local tax.
The University of Kentucky anchors the education system, complemented by highly rated schools like Paul Laurence Dunbar High School and Sayre School, both earning A ratings. The city's 100 plus parks include the Arboretum and Raven Run Nature Sanctuary, which features historic mill ruins along its hiking trails. Residents enjoy a reasonable commute, with most major attractions accessible within 15 minutes from downtown via personal vehicle or the Lextran public bus system.
The median home sale price in Lexington, KY is $350,000, up 4% year-over-year. Homes in Lexington sell in 28 days on average, compared to the national average of 57 days.
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Median Sale Price
$350,000
|
Median Single Family Sale Price
$375,000
|
|
Median Townhouse Sale Price
$300,000
|
Median 2 Bedroom Sale Price
$232,500
|
|
Median 1 Bedroom Sale Price
$181,000
|
Average Price Per Sq Ft
$204
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Number of Homes for Sale
669
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Last 12 months Home Sales
3,708
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Months of Supply
2.20
|
Median List Price
$369,900
|
|
Median Change From 1st List Price
2%
|
Median Home Sale Price YoY Change
4%
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In Lexington, many buyers look for homes with outdoor space, timeless design, and features that reflect the area’s equestrian roots and Southern charm.
In Lexington, there are currently 2 mobile homes for sale, offering an affordable housing option for buyers. With mobile homes priced between $99,500 to $899,000, there's a range to accomodate every budget. As of July, 2026 the median home price in Lexington is $369,900, while the average sale price is $420,963, offering insights into the local housing market. On average, mobile homes spend 28 days listed before being sold. Whether you're in the market for manufactured homes for sale or exploring single wide and double wide mobile homes, there are choices to accommodate a range of preferences and budgets. From cozy single wide mobile homes to spacious two-story mobile homes, these properties offer comfortable living options. Browse a variety of mobile homes for sale in Lexington, KY and find the perfect place to call home.