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Real estate in Lexington’s Lakewood Area neighborhood.

Compare top Lakewood Area real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for June 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Lakewood Area real estate Market Report.

Information and statistics on the latest trends in the Lakewood Area real estate market. *

Latest Rolling 3-Month Snapshot

Mar 1, 2026 - May 31, 2026

Median sale price
$255K
-18% from Q1 '26
Median list price
$503K
+80% from Q1 '26
Active listings
20
+5.3% from Q1 '26
Homes sold
7
-30% from Q1 '26
New pendings
9
-31% from Q1 '26
New listings
14
+100% from Q1 '26

Quarterly Pricing Trends for Lakewood Area

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Lakewood Area Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $218K Median sale price in Jul 2021 - Sep 2021: $255K Median sale price in Oct 2021 - Dec 2021: $530K Median sale price in Jan 2022 - Mar 2022: $205K Median sale price in Apr 2022 - Jun 2022: $236K Median sale price in Jul 2022 - Sep 2022: $240K Median sale price in Oct 2022 - Dec 2022: $701K Median sale price in Jan 2023 - Mar 2023: $260K Median sale price in Apr 2023 - Jun 2023: $286K Median sale price in Jul 2023 - Sep 2023: $678K Median sale price in Oct 2023 - Dec 2023: $248K Median sale price in Jan 2024 - Mar 2024: $328K Median sale price in Apr 2024 - Jun 2024: $525K Median sale price in Jul 2024 - Sep 2024: $225K Median sale price in Oct 2024 - Dec 2024: $258K Median sale price in Jan 2025 - Mar 2025: $655K Median sale price in Apr 2025 - Jun 2025: $275K Median sale price in Jul 2025 - Sep 2025: $265K Median sale price in Oct 2025 - Dec 2025: $285K Median sale price in Jan 2026 - Mar 2026: $310K Median list price in Apr 2021 - Jun 2021: $220K Median list price in Jul 2021 - Sep 2021: $200K Median list price in Oct 2021 - Dec 2021: $200K Median list price in Jan 2022 - Mar 2022: $195K Median list price in Apr 2022 - Jun 2022: $216K Median list price in Jul 2022 - Sep 2022: $255K Median list price in Oct 2022 - Dec 2022: $390K Median list price in Jan 2023 - Mar 2023: $275K Median list price in Apr 2023 - Jun 2023: $280K Median list price in Jul 2023 - Sep 2023: $825K Median list price in Oct 2023 - Dec 2023: $900K Median list price in Jan 2024 - Mar 2024: $335K Median list price in Apr 2024 - Jun 2024: $625K Median list price in Jul 2024 - Sep 2024: $230K Median list price in Oct 2024 - Dec 2024: $320K Median list price in Jan 2025 - Mar 2025: $660K Median list price in Apr 2025 - Jun 2025: $650K Median list price in Jul 2025 - Sep 2025: $275K Median list price in Oct 2025 - Dec 2025: $667K Median list price in Jan 2026 - Mar 2026: $279K Apr 2021 - Jun 2021 Median sale price $218K Median list price $220K Jul 2021 - Sep 2021 Median sale price $255K Median list price $200K Oct 2021 - Dec 2021 Median sale price $530K Median list price $200K Jan 2022 - Mar 2022 Median sale price $205K Median list price $195K Apr 2022 - Jun 2022 Median sale price $236K Median list price $216K Jul 2022 - Sep 2022 Median sale price $240K Median list price $255K Oct 2022 - Dec 2022 Median sale price $701K Median list price $390K Jan 2023 - Mar 2023 Median sale price $260K Median list price $275K Apr 2023 - Jun 2023 Median sale price $286K Median list price $280K Jul 2023 - Sep 2023 Median sale price $678K Median list price $825K Oct 2023 - Dec 2023 Median sale price $248K Median list price $900K Jan 2024 - Mar 2024 Median sale price $328K Median list price $335K Apr 2024 - Jun 2024 Median sale price $525K Median list price $625K Jul 2024 - Sep 2024 Median sale price $225K Median list price $230K Oct 2024 - Dec 2024 Median sale price $258K Median list price $320K Jan 2025 - Mar 2025 Median sale price $655K Median list price $660K Apr 2025 - Jun 2025 Median sale price $275K Median list price $650K Jul 2025 - Sep 2025 Median sale price $265K Median list price $275K Oct 2025 - Dec 2025 Median sale price $285K Median list price $667K Jan 2026 - Mar 2026 Median sale price $310K Median list price $279K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
22
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).

Lakewood Area’s rolling three-month snapshot through May 2026 shows some sharp short-term shifts. Median list prices surged month over month, while the typical home value moved lower and new listings doubled, signaling sellers are stepping forward even as buyers show more price sensitivity.

Inventory and pace are telling a more nuanced story. Active listings in the neighborhood are up compared with last year, and months of supply has climbed to about five months, well above the broader Lexington figure of roughly two months. Homes are still moving quickly, with a median of 11 days on market in the rolling three-month view. That is dramatically faster than a year ago, when properties took much longer to sell.

Year over year, Lakewood Area’s typical home value is down modestly, yet the share of homes selling above list price has risen to about 28 percent, and the average sale-to-list ratio is just under 100 percent. Homes sold and pending sales are both slightly higher than a year ago, suggesting steady demand even as pricing recalibrates. Compared with the wider Lexington market, where prices are higher and supply leaner, Lakewood Area offers a different balance of options and pace. Buyers and sellers who want to navigate these mixed signals can turn to Agent Pronto to connect with a local agent who understands this market.



Learn more about what Lakewood Area has to offer.

Lakewood Area offers residents a welcoming, family-friendly community with tree-lined streets, convenient local amenities, ample green spaces, and a strong sense of neighborhood pride.

Lakewood Area in Lexington feels like a place where daily routines come with a calm, leafy backdrop. Morning walkers head along quiet streets lined with mature trees, while quick drives to nearby Chevy Chase or Ashland Park put local shops, coffee, and dining close at hand. Families appreciate proximity to schools in Fayette County, along with easy access to downtown Lexington for work, arts, and entertainment.

Weekends often revolve around the outdoors. Residents can explore the historic grounds at Ashland, The Henry Clay Estate, spread out on the lawns at Ecton Park, or enjoy longer greenway routes via nearby Lansdowne-Merrick Park and other connected spaces. Everyday errands are straightforward, with groceries, services, and restaurants along Tates Creek Road and in Downtown Lexington only a short trip away.

Cultural and educational amenities round out the lifestyle. The Lexington Public Library system offers branches within a short drive, while events at the Lexington Opera House and Lexington Art League add depth for those who enjoy performances and galleries.

Because Lakewood Area is an established neighborhood with distinctive homes and a quiet feel, having a local expert matters. Agent Pronto connects buyers and sellers with experienced Lexington agents who know Lakewood Area’s streets, values, and trends, helping you move forward with confidence whether you are purchasing or listing a home.

Find your Lakewood Area real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“I could not have gotten better care. he sold my home during the WAR. I think that is outstanding”

Cindy Trimble · Campbellsville, KY

Photo of David Hittle
United Real Estate Louisville
“Working with Derrick was an outstanding experience from start to finish. He and his team helped get our property completely ready for market by coordinating repairs, cleanup, and improvements that made a huge difference in how the home showed. His team worked tirelessly and brought a tremendous amount of knowledge and experience to the project, making the entire process smooth and efficient. Derrick’s understanding of what buyers are looking for and what actually adds value was incredibly helpful. Once the property was ready, he handled the listing and marketing process seamlessly, and the home sold quickly. What could have been a stressful situation became simple and organized thanks to Derrick and his team. I would absolutely recommend him to anyone looking to prepare and sell a property.”

Robert · Richmond, KY

Photo of Derrick Simpson
Century 21 Advantage Realty
“James Martin understood what we wanted and needed. He worked with our schedules so we could look at houses and helped us pick the perfect house for us.”

Mr and Mrs Ortega · Owingsville, KY

Photo of James Martin
Realty World Adams & Associates
“Joseph was right there for us when we contacted for an agent. He was open and honest with us on everything Joseph didn't stop looking for places even when we couldn't go until after 430. We both felt comfortable talking to him over all our expenses and what we needed Joseph forums us the perfect house and we would definitely use him again if needed and would recommend him to other people. Thanks from both Lee and I for helping us find our perfect new home. Connie and Lee”

Connie Heisler · Florence, KY

Photo of Joe  Lockaby
ERA Real Estate ERA REAL SOLUTIONS REALTY
“Jason was awesome to work with! Very professional and knowledgeable about the area. He was always willing to answer any questions we had, especially since we were first time sellers. Would recommend to anyone!”

Ivan Adame · Lexington, KY

Photo of Jason Hayes
Rector Hayden Realtors
“Chris went above and beyond to help me, my mother, and the sale of the home . He was in constant communication and we had a great experience with him ”

Keith H. · Booneville, KY

Photo of Chris Riggsby
Dream Maker Realty
“I am truly grateful for the amazing experience that we had. Robin's service was above and beyond. There were many challenges in the circumstances that surrounded the sale of this house and above everything else she was so kind and considerate.”

William Co Jacqueline B. · Elizabethtown, KY

Photo of Robin Cole
RE/MAX Executive Group, Inc
“Traci and another agent from her group, Lana, helped me see as many houses as I wanted. They were very helpful and considerate. Between the two ladies, I saw so many houses and never felt pushed to buy any of them. I was informed of potential issues with houses and they respected if I didn't like something about a house. Days before I was set to go back home, Traci found a house that had just come on the market and I bought it! It has almost everything on my wish list. I couldn't be happier!”

Debra C. · Nicholasville, KY

Photo of Traci Mitchell
The Local Agents
“Lana Stephens and Traci Mitchell are a pleasure to work with. They are professional and friendly, and know their business. They not only sold my late father's townhome, they helped me completely gut and remodel it. And I live out of state! Their team put together a great plan. They kept in constant contact with plans, purchases and those things that pop-up when remodeling. I appreciate their patience, kindness and special treatment since it was my father's place. I can't think of a better fit for what I needed. I highly recommend them to work with any situation.”

Elizabeth S. · Lexington, KY

Photo of Lana Stephens
The Local Agents
“Returning to Jason for help selling our home and purchase of our new home was a great decision. We used Jason on our first home 11 years ago and so glad we utilized him again. His market knowledge was crucial in pricing our sale and negotiating our purchase. He never rushed us, was always available for questions and worked with us for showings. A true Real Estate Professional.”

Joe Kerns · Richmond, KY

Photo of Jason Smith
Keller Williams Legacy Group

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Lakewood Area. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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