$385,898Average Value$220Average Price per Sq Ft3Homes For Sale
Cheer for the Wildcats from Elizabeth Street
Half a mile from the University of Kentucky and sandwiched between several hospitals, Elizabeth Street is a charming residential neighborhood with a diverse occupancy. “It’s definitely a hotspot for artistic types, hospital workers and students,” says local Realtor Marcus Hammond. Living here is often a practical choice, keeping school or work a short walk or bike ride away, but the neighborhood’s single-family homes and tree-lined streets bring a small-town coziness to the heart of the city. For University of Kentucky sports fans, the neighborhood is ideally located, with the school’s football stadium less than a mile away. On game days, residents can stroll down to Kroger Field in less than 20 minutes or stay in the neighborhood and enjoy the festivities. “You can sit on the back porch and listen to the public address speakers announce the game,” Hammond says.
Kroger Field is the home of the Kentucky Wildcats football team.
Woodland Park features courts for tennis, basketball, and a popular skatepark.
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Between Lexington’s hospitals and a half mile from the University of Kentucky
Elizabeth Street is centrally located between Albert B. Chandler Hospital and its adjacent children’s hospitals, CHI Saint Joseph Health and Baptist Health Lexington, making the neighborhood a popular choice for the city’s medical workers. It’s a half-mile or 10-minute walk from the University of Kentucky campus, so many university students and staff members also live here. Downtown Lexington is a mile and a half or five-minute drive away, and a Lextran bus stop on Nicholasville Road gets residents there in 20 minutes. Just west of the city, the Blue Grass Airport is less than 6 miles away.
Lextran offers Elizabeth Street residents access to a network of 26 bus routes.
The Elizabeth Street neighborhood is adjacent to the Albert B. Chandler Hospital.
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A fast-moving real estate market with off-campus UK student housing
Elizabeth Street’s real estate market moves quickly, with homes selling after an average of 7 days on the market. The neighborhood’s housing was mostly built in the early to mid-20th century in architectural styles like Cape Cods, bungalows and American Foursquares. Home values here are marginally higher than the average for Lexington, with sales prices generally ranging from about $300,000 to $450,000. Though the neighborhood has primarily single-family homes, some residents live in apartment complexes like The Axis at 1435, and there’s even one fraternity house – Delta Tau Delta – in the neighborhood. Elizabeth Street has a mix of renters and owners, with about a 65-35 split.
The median home in Elizabeth Street was constructed in 1940.
The average household income in Elizabeth Street is around $74,611.
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Shopping for groceries at the Good Foods Co-op and dining at local bars and restaurants
When it comes to grocery shopping, residents have plenty of options within a 2-mile radius of the neighborhood. The closest is Yu Yu Asian Market, which has fresh produce, seafood and specialty Asian grocery items. Since 1972, Good Foods Co-op has served the community with farm-fresh Kentucky produce as well as grab-and-go meals, bulk herbs and natural wellness products. Nearby, Supermarket Aguascalientes has a meat counter and specialty Mexican groceries. Farther south down Nicholasville Road, Trader Joe’s is a popular option for college students and young professionals shopping for groceries. When eating out, locals might head to Marikka’s Restaurant & Bier Stube, a German bar with beach volleyball that serves schnitzel and international beers; Winchell’s Restaurant and Bar, a cozy sports bar with American fare; or Taziki’s Mediterranean Café, a fast-casual chain that serves Greek food for dine-in or to go. When it’s time for a sweet treat, residents swing by Old Kentucky Chocolates, a 1964-established candy shop with homemade chocolates, or Sharp’s Candies, a family-run sugar palace in a building that looks like a gingerbread house.
Residents of Elizabeth Street get fresh produce and specialty items at Good Foods Co-op.
Residents living in Elizabeth Street grab pizza by the slice at Goodfella's.
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Elizabeth Street Park and the Arboretum, State Botanical Garden of Kentucky
Elizabeth Street Park – a densely treed green space with a playground, picnic pavilion and half-basketball court – is located centrally within the neighborhood, so many residents can walk here to spend time outside after work or class. The 100-acre Arboretum, State Botanical Garden of Kentucky, is about a mile from the neighborhood. Here, the Walk Across Kentucky is a collection of native plants that represents the landscape of Kentucky at large. Visitors can explore a 2-mile paved path through 80 acres of native plant life to learn about Kentucky’s diverse ecosystems firsthand. The Arboretum is also known for its Horticultural Gardens, a collection of colorful annuals and perennials maintained by local gardeners and UK horticulturists that creates an immersive visual and olfactory experience, and the Kentucky Children’s Garden, a 2-acre educational play zone.
Elizabeth Street Park has a fun playground for children of all ages.
The Arboretum State Botanical Garden of Kentucky sits on 100 acres.
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Highly rated Fayette County Public Schools and nearby Catholic schools
Children in Elizabeth Street attend Picadome Elementary School, which has a B-plus grade on Niche, followed by Morton Middle School and Lafayette High School, both of which have As. Picadome Elementary is about a mile from the neighborhood, and Morton Middle and Lafayette High are both about 2 miles away. Lafayette High School has the highest enrollment of any Kentucky high school and became the first high school in Lexington to be racially integrated in 1955. Today, the campus is home to the School for the Creative and Performing Arts (SCAPA), a selective program for students who excel in the performing and visual arts, and the Pre-Engineering Program for students intending to pursue careers in engineering. Parents interested in Catholic education can send their preschoolers through middle schoolers to the Mary Queen of the Holy Rosary School and teens to Lexington Catholic High School, which has an A grade on Niche and ranks as the third-best private high school in Lexington on Niche. Both schools are about 2 miles from the neighborhood.
Picadome Elementary School is a public school located in Lexington.
Student success is a top priority for teachers and staff at Lafayette High in Picadome.
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Crime
Elizabeth Street's crime score of 5 out of 10 on the CAP Index is just above the national average of 4.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Stacy Heilig,
an experienced agent in this neighborhood.
Parks in this Area
Woodland Park
Hill N Dale Park
Fifth Third Pavilion
The Arboretum
Elizabeth Park
Pensacola Park
Southland Park
Addison Park
Legacy Trail
Transit
Airport
Blue Grass
16 min drive
Bus
Nicholasville & Forest Park
Bus
Nicholasville & 1529
Elizabeth Street Demographics and Home Trends
On average, homes in Elizabeth Street, Lexington sell after 169 days on the market compared to the national average of 70 days. The median sale price for homes in Elizabeth Street, Lexington over the last 12 months is $428,990, down 36% from the median home sale price over the previous 12 months.
***Now Accepting Applications for FALL 2025*** Our newly renovated community is conveniently located close to UK and the Nicholasville Road corridor. We offer updated, pet-friendly studio and 1 bedroom apartments perfect for undergraduate and graduate students, medical professionals, and anyone searching for an apartment close to school or work. All of our units feature brand-new
Interested in learning more about homes in this area?
Reach out to
Stacy Heilig,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
1,212
Median Age
28
Population Density
10 ppl/acre
Population under 18
17.8%
Below the national average
23.8%
Population over 65
9.4%
Below the national average
19.1%
Finances
Median Household Income
$53,069
Significantly below the national average
$71,702
Average Household Income
$62,107
Education and Workforce
High School Graduates
99.9%
College Graduates
83.4%
Significantly above the national average
34.1%
Advanced Degrees
48.1%
Significantly above the national average
13.3%
% Population in Labor Force
70.9%
Weather
Annual Precipitation
50''
Average Winter Low Temperature
26°F
Average Summer High Temperature
87°F
Annual Snowfall
26''
Area Factors
Bikeable
Bike Score®
68/ 100
Car-Dependent
Walk Score®
33/ 100
Excellent Transit
Transit Score®
70/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
