$56,000
- 3 Beds
- 2 Baths
215 Leedean Cir Unit 215, Nicholasville, KY 40356
Carlos Axel Gonzalez Pelayo
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Why Live in Red Mile
Named after the famous gaming and horse racing facility within the neighborhood, Red Mile is a residential area less than 2 miles from downtown Lexington and all its amenities. “It’s a great location with a lot of history and a great blend of communities,” says Realtor John Dabney with Rector Hayden Realtors, who is a lifelong resident of Lexington. Sitting right on the edge of the city, as well as the immensely popular University of Kentucky, Red Mile residents have no shortage of public events and entertainment. "Plus, it also borders a golf course, making Red Mile one of the most active areas for things to do in Lexington," says Dabney. And, despite being within walking distance of so many different attractions, residents of Red Mile still enjoy a peaceful, suburban vibe at home, with the sprawling greens of Picadome Golf providing a serene backdrop to daily life. "People come to the course from all over town, so it's really nice for residents who can just walk here and enjoy getting some fresh air and exercise," says Sal Page, manager at Picadome Golf. With the University of Kentucky continuing to grow larger and larger, bringing more opportunity and growth to the area, Red
Home Trends in Red Mile, KY
On average, homes in Red Mile, Lexington sell after 87 days on the market compared to the national average of 70 days. The median sale price for homes in Red Mile, Lexington over the last 12 months is $240,000, down 29% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$240,000
Median Single Family Sale Price
$230,000
Median Townhouse Sale Price
$554,757
Average Price Per Sq Ft
$255
Number of Homes for Sale
1
Last 12 months Home Sales
21
Months of Supply
0.60
Median List Price
$517,350
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-29%
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