$619,682Average Value$497Average Price per Sq Ft5Homes For Sale
Beating heart of the Horse Capital
Downtown Lexington is the beating heart at the center of the "horse capital of the world." Boasting blocks of vintage and modern buildings, a blend of trendy eateries and bars, and plenty of offices and luxury condominiums, on any given week, residents of Downtown are within a quick walk of an array of entertainment options. Common Lexington activities range from bourbon and craft beer tastings to art gallery visits to packed Kentucky Wildcats games or concerts held at Rupp Arena. “Downtown Lexington is a popular place to live because of its diversity, walkability to great restaurants and entertainment and proximity to two universities, the University of Kentucky and Transylvania University. It combines historic neighborhoods and homes with newer lofts and condos, providing a range of style and price ranges,” explains Becky Reinhold, managing broker at Bluegrass Sotheby’s International Realty, who’s made over a dozen sales downtown. “Downtown Lexington is the ideal place to ‘live, work and play.’”
Thoroughbred Park defines Lexington’s devotion to and dominance in the equine world.
Downtown Lexington is filled with horse-related art and household items.
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Condos in both refurbished and sleek, new properties
Although the downtown mostly consists of condos, a small group of townhouses and single-family homes do exist on its outskirts. The condos themselves can be found in a mix of high-rise modern glass and steel buildings, and “Each one has their own little nuances and differences,” says Phillip Neeley-Morrison, a Realtor with the Bluegrass Home Group. The newer projects here include luxury condo options like The Vine Lex, The Nunn Lofts and The City Center, the last of which also includes hotel spaces. With parts of it still under construction, The Vine will offer amenities like a rooftop pool complete with outdoor seating and a bar. The latest condo units can run roughly between $1 million and $4 million dollars depending on size and amenities, while smaller condo units in older properties can run between $120,000 and $260,000. Several small single-family homes are dispersed around downtown and range in style from Victorian-era cottages to contemporary designs with slanted skillion roofs. These homes tend to cost between $120,000 and $260,000.
The Vine is going to be a newly renovated condo building in Downtown Lexington.
The Nunn Lofts are a great choice of condos in Downtown Lexington.
Buyers looking for a view can opt for a condo at City Center in Downtown Lexington.
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An eclectic mix of restaurants and a few blocks from Distillery District
Downtown Lexington is home to an eclectic mix of cafes, restaurants, bars and entertainment venues. Doodles Breakfast and Lunch serves a variety of southern dishes made with organic ingredients. While Zim's Cafe operates out of a retro-style space and serves comfort meals like po’boy sandwiches, catfish and fried shrimp. The dining options at the Square business center include Pies & Pints, which serves cold beers and an array of artisan pizzas. Dudley’s on Short is a steakhouse and upscale dining establishment complete with an outdoor patio. Patrons of the LexLive entertainment complex can bowl, play arcade games or enjoy a drink at the bar while catching the latest game. Downtown is also only a few blocks from the city’s Distillery District, which consists of breweries and trendy eateries located in a group of repurposed buildings. Fans of Kentucky’s bourbon whiskey can make stops at Barrel House Distilling and RD1 Spirits. Kroger is one of the nearest grocery shopping options.
Dudley’s On Short has been a dining pleasure since 1981 in Downtown Lexington.
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Cheering on the Kentucky Wildcats and Thursday Night Live
Rupp Arena is one of downtown’s main event destinations. The sports venue is best known as the home of the Kentucky Wildcats men's basketball team, a perennial NCAA powerhouse. Rupp also hosts many concerts and stage shows throughout the year, and performers have included recording artists and standup comedians. Between April and October, many flock to the Fifth Third Bank Pavilion at Tandy Park for Thursday Night Live, a series of weekly nighttime events featuring food, art and live music.
Rupp Arena in Downtown Lexington can hold a capacity of over 20,000 people.
Thursday Night Live brings large crowds to Downtown Lexington each week.
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Highly rated Layfatte High and close to UK
Students here may start their education at Harrison Elementary School, which receives a C-plus from ratings site Niche. Originally opened in the late 1840s, Harrison carries the distinction of being the oldest existing school in the Fayette County Public Schools district. Students can then continue on to Lexington Traditional Magnet School and Lafayette High School, which receive C-plus and A grades, respectively. Lexington Traditional houses a visual and performing arts hub that involves a more advanced curriculum. While Lafayette High, which Niche ranks as the second-best public high school in the state, boasts over 30 AP courses and a pre-engineering program. Also nearby is the University of Kentucky (UK) and the private Transylvania University, the latter of which is the oldest college-level institution in the state. UK is Kentucky’s flagship school and its alum include Hollywood actors, professional athletes and national politicians.
Lafayette High School enrolls around 2,400 students every year in Lexington.
Harrison Elementary School serves K-5th grade in Lexington.
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Frisbees, picnics and winter time skating at Triangle Park
Although it doesn’t have the largest green spaces in the Lexington area, several neighborhood parks exist around downtown, and many feature a collection of sculptures and monuments. Triangle Park features stylish landscaping and water fountains, and many come there to toss frisbees or have picnics. The site occasionally hosts outdoor shows during the summer and has an ice rink during the winter. Thoroughbred Park features statues and plaques that pay homage to local horse breeders, trainers and thoroughbred racers. Other outdoor sites include Gratz Park, which sits within view of the Neoclassical building that houses the Carnegie Center for Literacy and features a brick path that loops around a centralized fountain.
Triangle park is centered in Downtown Lexington.
Triangle Park has multi-colored lit up trees in Downtown Lexington.
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Walkable and close to UK HealthCare campus
Downtown Lexington is easily walkable, and the Lextran has numerous bus stops in this part of the city. Main Street runs to New Circle Road, which loops around the city’s core and provides a connection to numerous Lexington neighborhoods. Downtown is also about 5 miles from the Blue Grass Airport. Both the UK Good Samaritan Hospital and the Albert B. Chandler Hospital provide major health care services. Bordering the university itself, Albert B. Chandler anchors a larger campus that includes the Shriners Children’s Lexington Hospital and the UK College of Medicine.
The art forms at this bus stop makes Downtown Lexington really a unique place.
Downtown Lexington is a safe and cultural place to spend time.
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Important to know
Downtown Lexington has an overall CAP Index crime score of 9 out of 10, more than double the national average of 4. Theft crimes heavily impact that figure. A city community crime map shows several of those crimes occurred downtown in the summer of 2024.
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
Quanisha Gilmore,
an experienced agent in this neighborhood.
Parks in this Area
Woodland Park
Cheapside Park
Court Square Fountain
Thoroughbred Park
Fifth Third Pavilion
The Arboretum
Gratz Park
Triangle Park
Northeastern Park
Transit
Airport
Blue Grass
16 min drive
Bus
North Martin Luther King & Short Inbound
Bus
Transit Center
Bus
East Main & Esplanade
Bus
Vine & Mill
Bus
Lextran Transit Center
Bus
East Main & 137 (Fayette Cigar Store)
Bus
North Martin Luther King & Corral Outbou
Crime and Safety
1 - Low Crime, 10 - High Crime
Downtown Lexington
US
Homicide
5
4
Sexual Assault
8
4
Assault with Weapon
6
4
Robbery
9
4
Burglary
10
4
Motor Vehicle Theft
9
4
Larceny
9
4
Crime Score
9
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Downtown Lexington, Lexington sell after 59 days on the market compared to the national average of 47 days. The average sale price for homes in Downtown Lexington, Lexington over the last 12 months is $707,625, down 13% from the average home sale price over the previous 12 months.
Elevate your living experience with this extraordinary City Center penthouse, offered fully furnished for effortless luxury. The avant-garde chef's kitchen features a stunning 16-foot quartz island with a waterfall edge, complemented by state-of-the-art Subzero and Wolf appliances—perfect for entertaining or indulging your culinary passions. A glass-enclosed flex space offers versatility as a
James TurekBluegrass Sotheby's International Realty
Elevated living at it's very best in downtown's newest 20 unit condominium project, The Vine. The finishes, the location, the experience-they simply can't be beat. One and two bedroom showplaces with exquisite finishes from floor to ceiling, a balcony over looking the city along with a rooftop pool and The Vine Club, concierge service that includes a doorman, and has a management group for short
Elevated living at it's very best in downtown's newest 20 unit condominium project, The Vine. The finishes, the location, the experience-they simply can't be beat. One and two bedroom showplaces with exquisite finishes from floor to ceiling, a balcony over looking the city along with a rooftop pool and The Vine Club, concierge service that includes a doorman, and has a management group for short
Our community is packed with modern common area amenities, and our units feature 9-foot ceilings, huge windows, stainless steel appliances, luxury vinyl plank flooring, sleek finishes, and efficient space design.We offer 2 sizes of studios, furnished and unfurnished, and all-inclusive pricing that covers utilities, wifi, cable, parking, and laundry.Our leasing options are designed
No hidden fees, all add ons are FREE! Ask us how you can start saving today! These downtown high-rise apartments are in the heart of Lexington, Kentucky. Each apartment features a large living room, a kitchen with a bar area connecting to the living room and a private balcony. Park Plaza is ideally located near Transylvania University and the University of Kentucky's campuses. The apartments are
Rose Tower Apartments offers newly remodeled, 1 bedroom floor plans located in Lexington, Kentucky. The recent renovations include NEW hardwood flooring, carpet, appliances, cabinetry, countertops, remote controlled A/C and more! It is a short walking distance from the University of Kentucky! Rupp Arena - Just a 15 minute walk from your future front door!The studio listed under floor
Interested in learning more about homes in this area?
Reach out to
Quanisha Gilmore,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
1,330
Median Age
37
Population Density
10 ppl/acre
Population under 18
14.2%
Below the national average
23.8%
Population over 65
19.3%
On par with the national average
19.1%
Finances
Median Household Income
$22,974
Significantly below the national average
$71,702
Average Household Income
$51,339
Education and Workforce
High School Graduates
86.8%
College Graduates
48.6%
Above the national average
34.1%
Advanced Degrees
17.5%
On par with the national average
13.3%
% Population in Labor Force
67.3%
Weather
Annual Precipitation
50''
Average Winter Low Temperature
26°F
Average Summer High Temperature
87°F
Annual Snowfall
26''
Area Factors
Very Bikeable
Bike Score®
84/ 100
Walker's Paradise
Walk Score®
95/ 100
Excellent Transit
Transit Score®
75/ 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.
