Why Live in Plantation
Plantation, a neighborhood in Lexington, offers a suburban lifestyle with convenient proximity to city attractions. The area is characterized by late 20th-century homes, including split-levels and bi-levels, many featuring large yards ideal for outdoor activities. The neighborhood is primarily composed of non-HOA single-family homes from the '70s and '80s, with some newer '90s brick Colonial Revivals. Plantation is served by highly rated Fayette County Public Schools, including Stonewall Elementary, Jessie Clark Middle School, and Paul Laurence Dunbar High School, which offers specialized STEM programs. The neighborhood is safer than the national average, providing a low crime risk environment. Residents can enjoy nearby green spaces such as Shillito Park, Dogwood Park, and Wellington Park, which offer various recreational activities from playgrounds to disc golf. The area is also close to retail hubs like Fayette Mall and Palomar Centre, featuring numerous dining options including Tack House Pub and Malone's steakhouse. Plantation is less than 6 miles from downtown Lexington, making it easy to access city events and major employers like the University of Kentucky and Baptist Health Lexington. Additionally, Blue Grass Airport is just a 3.5-mile drive away, enhancing the neighborhood's connectivity.
Frequently Asked Questions
Is Plantation a good place to live?
Plantation is a good place to live. Plantation is considered very car-dependent with minimal transit options. Plantation is a suburban neighborhood. Plantation has 8 parks for recreational activities. It is somewhat dense in population with 7.6 people per acre and a median age of 40. The average household income is $92,875 which is below the national average. College graduates make up 55.4% of residents. A majority of residents in Plantation are home owners, with 30% of residents renting and 70% of residents owning their home. A
local real estate agent serving Plantation can help you decide if this neighborhood is the right one for you. Learn more on our
Plantation neighborhood guide.
How much do you need to make to afford a house in Plantation?
The median home price in Plantation is $500,000. If you put a 20% down payment of $100,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,590 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $111K a year to afford the median home price in Plantation. The average household income in Plantation is $93K.
What are the best public schools in Plantation?
The best public schools that serve Plantation are:
What are the best private schools in Plantation?
The best private schools that serve Plantation are:
What are the most popular zip codes in Plantation, Lexington, KY?
What are the most popular neighborhoods near Plantation, Lexington, KY?
Are home prices dropping in Plantation?
Yes, home prices in Plantation are down 17% in the last 12 months.
Home Trends in Plantation, KY
On average, homes in Plantation, Lexington sell after 165 days on the market compared to the national average of 70 days. The median sale price for homes in Plantation, Lexington over the last 12 months is $400,313, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$400,313
Median Single Family Sale Price
$434,479
Median Townhouse Sale Price
$2,398,000
Median 2 Bedroom Sale Price
$572,304
Average Price Per Sq Ft
$425
Number of Homes for Sale
15
Last 12 months Home Sales
18
Median List Price
$500,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%