Ashland, Lexington, KY
Ashland — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Ashland, Lexington, Kentucky. Explore the cited sources and local facts below while agent underwriting continues.
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Ashland Neighborhood Overview
Ashland is a historic and prestigious neighborhood in Lexington, Kentucky, centered around the iconic Ashland estate, the former home of statesman Henry Clay. This area, located in ZIP code 40502, is known for its beautiful, tree-lined streets and a strong sense of community. It offers residents a serene, established atmosphere while being conveniently close to the heart of the city.
Lifestyle & Amenities
The neighborhood provides a quiet, residential lifestyle with easy access to cultural and recreational amenities. Residents enjoy proximity to the historic Ashland estate grounds, which serve as a public park and museum. The area is also a short distance from downtown Lexington's dining, shopping, and entertainment options.
Real Estate Market
The real estate market in Ashland is characterized by substantial, historic homes and significant property values. According to the U.S. Census, the median home value is $453,400, while current market data shows a price per square foot of approximately $417. The market reflects the neighborhood's desirability and historic charm.
Schools & Education
Ashland is served by the Fayette County Public Schools district, which includes a variety of educational options. Families in the area have access to both public and private institutions. The neighborhood's location supports a strong focus on community and education.
Transportation & Connectivity
Ashland boasts excellent connectivity due to its central location within Lexington. Major roads like Richmond Road provide quick access to downtown, the University of Kentucky, and major business centers. The walkable, grid-like street layout within the neighborhood itself also encourages pedestrian activity.
Why Choose Ashland
Choosing Ashland means investing in a piece of Lexington's history while enjoying a stable, upscale community. The neighborhood offers a unique blend of historic preservation, central convenience, and a high quality of life. It is an ideal location for those who appreciate character, mature landscapes, and a well-established residential environment.
Ashland Market Data
| Metric | Value |
|---|---|
| Median Home Price | $453K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $71K |
| Homeownership Rate | 58.6% |
| Renter-Occupied | 41.4% |
| Rental Vacancy Rate | 2.9% |
| Market Type | Seller's |
| Market Tier | Upper-Mid |
| Primary ZIP Code | 40502 |
Top Real Estate Agents in Ashland, Lexington
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Ashland, Lexington, KY. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Kentucky Real Estate Commission (KREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15