$382,173Average Value$213Average Price per Sq Ft0Homes For Sale
Homes and retail comprise Fairmeade, a neighborhood near Louisville
Fairmeade is a neighborhood about 10 miles east of Louisville in the City of St. Matthews, built after World War II. Homes sit on tree-shaded streets near a busy commercial corridor, connecting the area to shops, parks and medical services, all within about a mile drive. “Property taxes are low, and city services are abundant and of high quality,” says Mary Jo Nay, a council member for the City of St. Matthews. “St. Matthews services, included in the once-a-year payment of property taxes, are a certified police department plus support staff, weekly trash and yard waste disposal, curbside recycling, as well as storm debris pickup.”
Fairmeade’s narrow, tree-lined streets add charm and shade to the neighborhood.
Smaller yards in Fairmeade are enhanced by meticulous landscaping and mature trees.
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Low housing inventory in Fairmeade
Homes rarely go on the market in Fairmeade as only two homes were sold in 2024. The median sales price in the area is roughly $250,000.
Fairmeade features a mix of home styles, including ranch and Cape Cod.
Cape Cod homes are also prevalent in Fairmeade, contributing to its architectural variety.
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Elementary choice within the Waggener High School boundary
Fairmeade is in the Jefferson County Public Schools district’s Waggener High zone. Several elementary schools are associated with the boundary for Mayme S. Waggener High School, such as St. Matthews Elementary, which earns a C-plus grade from Niche. Parents and guardians must rank their preferences for elementary schools based on schools tied to the high school boundary. Westport Middle School serves the neighborhood; it and Waggener High School receive C grades. After ninth grade, students select one of three academies with career-focused pathways, including pre-nursing, pre-law and computer programming.
Niche gives St. Matthews Elementary School an overall B minus.
Waggener High School has a 14 to 1 student to teacher ratio.
Fairmeade students can attend Westport Middle School.
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Drives to Louisville, public transit and hospitals nearby
Shelbyville Road, a segment of U.S. Route 60, runs through Fairmeade’s northern region and connects it to Louisville. The Transit Authority of River City (TARC) has bus stops on Shelbyville Road. Interstate 264 ties the area to Louisville Muhammad Ali International Airport, about 10 miles away, with nonstop flights to national destinations only. Interstate 64 is also nearby and leads to Downtown Louisville, where the minor league baseball stadium, Louisville Slugger Field, is located.
Sports at St. Matthews Community Park and trails through wetlands
Just over a mile from Fairmeade, St. Matthews Community Park spans nearly 46 acres and includes fenced softball and baseball fields, which are home to the St. Matthews Baseball and Softball League. Batting cages, a playground and basketball courts are near the fields. In the park's northern region, a thick forest features an asphalt path and foot bridges that lead over a natural stream. “Brown Park is routinely the most visited park. [It] offers paved walking trails mingled around the historic Beargrass Creek. There are many Mallard and Canadian geese that have taken up residence in and around this park, which allows residents and visitors the opportunity to interact with them,” Nay says. “Baptist Health Hospital abuts this park, and is connected by a small walkway, which invites patients, hospital visitors and employees to an outdoor place to find a quick respite during the difficult periods.” Arthur K. Draut Park also has a trail through the Beargrass Creek wetlands.
Brown Park is one of the most visited parks near Fairmeade.
St. Matthew's Community park has many baseball diamonds to enjoy.
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Shelbyville Road Plaza shops, the mall and international fare
About a mile away, Shelbyville Road Plaza shopping center has a Trader Joe’s and retailers varying from World Market to Nordstrom Rack. Mall St. Matthews is a traditional indoor mall near the shopping center with a Dillard’s. A Cinemark theater and restaurant chains, such as Cheesecake Factory, are also at the mall. Local restaurants serve international cuisine, including Oriental House, which has modern takes on Chinese fare and Mojito in Havana Restaurant & Bar with a Cuban-inspired menu.
Oriental House is a longtime favorite for Chinese cuisine near Fairmeade.
Oxmoor Mall provides shopping and dining options close to Fairmeade.
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.
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On average, homes in Fairmeade, Saint Matthews sell after 2 days on the market compared to the national average of 52 days. The median sale price for homes in Fairmeade, Saint Matthews over the last 12 months is $336,000, down 14% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$324,900
Median Sale Price
$336,000
Median Single Family Sale Price
$336,000
Median Change From 1st List Price
-3%
Last 12 months Home Sales
1
Median Home Sale Price YoY Change
-14%
Average Price Per Sq Ft
$213
Neighborhood Facts
Number of Homes in Neighborhood
115
Number of Homes for Sale
0
Median Year Built
1950
Months of Supply
0.00
Average Single Family Home Size Sq Ft
1,770
Below the national average
1,924
Median Lot Size Sq Ft
8,712
Distribution of Home Values
Source: Public Records
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
202
Median Age
36
Population Density
6 ppl/acre
Population under 18
21.8%
On par with the national average
23.8%
Population over 65
16.8%
On par with the national average
19.1%
Finances
Median Household Income
$85,416
Above the national average
$71,702
Average Household Income
$101,788
Education and Workforce
High School Graduates
97.3%
College Graduates
61.6%
Significantly above the national average
34.1%
Advanced Degrees
26.7%
% Population in Labor Force
82.9%
Above the national average
65.1%
Weather
Annual Precipitation
49''
Average Winter Low Temperature
27°F
Average Summer High Temperature
88°F
Annual Snowfall
11''
Area Factors
Bikeable
Bike Score®
58/ 100
Very Walkable
Walk Score®
76/ 100
Some Transit
Transit Score®
39/ 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.
