Frequently Asked Questions

Are house prices dropping in Lexington?

The house prices in Lexington are indeed dropping at the moment. There has been a decrease in price of $307,000.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

What is the housing market like in Lexington at this time?

The housing market and house prices in Lexington are going down. The average house price is $442,450.00 and the average price per square feet is $264.07 per square foot. At the moment, there are 13 homes listed - 4 active, 3 pending, and 6 sold in Lexington.

What is the most popular place to buy a house in Lexington?

The most popular place to buy a home in Lexington is 13-Indiana. 13-Indiana has the most properties listed and appears to have the highest demand.

What is the amount of property taxes you have to pay for a house in Lexington?

The average amount of property taxes you would have to pay for a home in Lexington is $1,372.00. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.

How fast are houses listed in Lexington being sold?

Properties in Lexington stay on the market for an average of 72 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.

How often are houses listed for sale in Lexington?

The last home listed in Lexington was 1612 minutes ago.

Can you visit houses in Lexington?

Currently, there are 0 open houses available for viewing in Lexington.

What is the most expensive house in Lexington?

The cost of the most expensive home in Lexington is $1,200,000.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.

What is the cheapest house in Lexington?

The cost of the cheapest home in Lexington is $279,900.00. Buying a cheaper home can keep payments low and leave room for customization.

How old are the homes in Lexington?

The oldest home in Lexington was built in 1914, and the newest in 2014.

How big are the homes in Lexington?

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Type	Dimensions	Level
Primary Bedroom	-
Kitchen	-

Active

$1,895

$55 on 06/30/2026

2 Beds

1 Baths

1,182 Sq. Ft.

1489 Elizabeth Street, Lexington, KY, 40503

Est. Payments: $0/mo

Residential lease

Built in 1924

29 days on Site

0.19 Lot Size

Electric

Forced Air, Natural Gas

Additional Details

Description

READ DESCRIPTION!!! ATTN UK STUDENTS planning ahead for campus living! This 2-bedroom, 1-bath property located at 1489 Elizabeth Street offers 1,182 sq ft of living space near the University of Kentucky and is available for the 2026-2027 school year. In addition to the two designated bedrooms, the home includes an additional finished room...

Source: LBAR as distributed by MLS GRID, MLS ID: 26012981

Listing provided courtesy of Walker Mack with Bluegrass Property Exchange

Last Updated: 6/30/2026 | 3:35 PM

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About the Neighborhood

Elizabeth Street offers a calm and peaceful atmosphere with several nearby parks to explore. This neighborhood provides convenient access to numerous businesses and restaurants, making daily needs easy to meet. A variety of housing options are available, including single detached homes, large apartment buildings, and townhouses, with sizes ranging from lofts to four-bedroom residences. Many dwellings date back to the mid-20th century, offering unique architectural charm. Transportation options include well-maintained bike lanes and easy car parking, while bus lines run through the area with stops nearby. Secondary schools are close by, enhancing educational accessibility for residents living here.

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