Colony, Lexington, KY
Colony — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Colony, Lexington, Kentucky. Explore the cited sources and local facts below while agent underwriting continues.
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Colony Neighborhood Overview
Colony is a well-established residential neighborhood located in the southeastern quadrant of Lexington, Kentucky. It offers residents a quiet, suburban atmosphere within the city's urban core. The community is characterized by its mature trees and a mix of traditional single-family homes.
Lifestyle & Amenities
The neighborhood provides a family-friendly environment with a strong sense of community. Residents enjoy convenient access to nearby shopping centers, restaurants, and essential services along Richmond Road and Nicholasville Road.
Real Estate Market
The real estate market in Colony features primarily owner-occupied homes. According to U.S. Census data, the median home value in the area is $453,400, reflecting its desirability and established character.
Schools & Education
Families in the Colony neighborhood are served by the Fayette County Public Schools district. The specific schools serving the area provide educational opportunities for students from elementary through high school.
Transportation & Connectivity
Colony boasts excellent connectivity via major arteries like Richmond Road and New Circle Road. This provides straightforward access to downtown Lexington, the University of Kentucky, and Blue Grass Airport.
Why Choose Colony
Colony is an ideal choice for those seeking a stable, established neighborhood with a convenient location. The combination of a median household income of $70,687 and solid home values points to a community that balances affordability with enduring appeal.
Colony 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 Colony, Lexington
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Colony, Lexington, KY. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
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