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Southern Heights Home for Sale

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    $569,000

    • 3 Beds
    • 2 Baths
    • 2,049 Sq Ft

    242 Tahoma Rd, Lexington, KY 40503

    Located in the sought-after Tahoma Terrace neighborhood, this charming one-family owned home offers timeless appeal and modern updates. Featuring 3 bedrooms and 2 beautifully updated full bathrooms, the home combines comfort with convenience. Enjoy a generous lot with a large, private backyard—perfect for outdoor entertaining or gardening. The main-floor laundry room is oversized and practical,

    Vanessa Vale Womack LPT Realty

    242 Tahoma Rd, Lexington, KY 40503

Why Live in Southern Heights

Southern Heights, a residential neighborhood in Lexington, is located 3 miles south of downtown and a mile south of the University of Kentucky. The area features a mix of single-family homes built between the 1920s and 1950s, including brick ranch-style, Cape Cod, Colonial Revival, Tudor Revival, and American Foursquare styles. Mature trees line the sidewalks, adding to the neighborhood's charm. Southern Heights is known for its community spirit, highlighted by twice-a-year block parties and social activities organized by the neighborhood association. A notable recent project is the dedication of a steel sculpture of Dorothy the turkey, a local icon during the pandemic. The neighborhood is served by highly rated Fayette County Public Schools, including Glendover Elementary, Morton Middle, and Henry Clay High School, which is set to receive a new campus by 2028. Residents enjoy proximity to The Arboretum, a 100-acre green space with trails and educational signage, and indoor activities like bowling at Southland Lanes and fitness at Planet Fitness. Dining options nearby include Ramsey’s Diner and El Rancho Tapatio, with additional local eateries along Southland Drive. For shopping, residents head to the nearby Trader Joe’s, Kroger, Good Foods Co-op, Fayette Mall, and The Summit. Southern Heights is car-dependent but offers convenient access to major thoroughfares and public transportation. The neighborhood's crime rate is on par with the national average, making it a practical choice for families and professionals alike.

Frequently Asked Questions

Is Southern Heights a good place to live?
Southern Heights is a good place to live. Southern Heights is considered somewhat walkable and very bikeable with good transit options. Southern Heights is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Southern Heights has 7 parks for recreational activities. It is fairly sparse in population with 5.4 people per acre and a median age of 43. The average household income is $109,237 which is above the national average. College graduates make up 74.9% of residents. A majority of residents in Southern Heights are home owners, with 21.7% of residents renting and 78.3% of residents owning their home. A local real estate agent serving Southern Heights can help you decide if this neighborhood is the right one for you. Learn more on our Southern Heights neighborhood guide.
Is Southern Heights, KY a safe neighborhood?
Southern Heights, KY is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Southern Heights?
The median home price in Southern Heights is $209,900. If you put a 20% down payment of $42,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,090 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $47K a year to afford the median home price in Southern Heights. The average household income in Southern Heights is $109K.
What are the best public schools in Southern Heights?
The best public schools that serve Southern Heights are:
What are the best private schools in Southern Heights?
The best private schools that serve Southern Heights are:
What are the most popular zip codes in Southern Heights, Lexington, KY?
The most popular zip codes in Southern Heights, Lexington, KY include 40503, 40502, 40517, 40504 and 40508.
What are the most popular neighborhoods near Southern Heights, Lexington, KY?
The most popular neighborhoods near Southern Heights, Lexington, KY are Glendover, Deerfield, Pensacola Park, Shadeland and Stoneybrook-Brigadoon.
Are home prices dropping in Southern Heights?
Yes, home prices in Southern Heights are down 64% in the last 12 months.

Home Trends in Southern Heights, KY

Housing Trends

Median Sale Price
$206,000
Median Single Family Sale Price
$206,000
Average Price Per Sq Ft
$183
Number of Homes for Sale
1
Last 12 months Home Sales
11
Months of Supply
1.10
Median List Price
$209,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-72%
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