Monticello, Lexington, KY
Monticello — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Monticello, Lexington, Kentucky. Explore the cited sources and local facts below while agent underwriting continues.
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Monticello Neighborhood Overview
Monticello is a well-established residential neighborhood in Lexington, Kentucky, offering a quiet suburban atmosphere. Located in the 40502 ZIP code, it provides residents with a blend of comfortable living and convenient access to the wider city. The community is characterized by its mature landscaping and a strong sense of neighborhood pride.
Lifestyle & Amenities
Residents enjoy a peaceful lifestyle with nearby access to essential shopping and dining options along Nicholasville Road. The neighborhood's location places it within a short drive of Lexington's major retail centers and healthcare facilities. Its streets are ideal for walking and connecting with neighbors in a low-traffic setting.
Real Estate Market
The real estate market in Monticello consists primarily of single-family homes, many of which feature traditional architectural styles. With a U.S. Census median home value of $453,400, the area represents a stable and valuable investment within Lexington's housing landscape. The neighborhood appeals to those seeking established homes with character.
Schools & Education
Monticello is served by the Fayette County Public Schools district, which provides educational opportunities for families. The specific schools serving the neighborhood can vary, so prospective residents should verify current district assignments. The area's family-friendly environment is complemented by its proximity to local educational resources.
Transportation & Connectivity
The neighborhood offers excellent connectivity via major arteries like Nicholasville Road (US 27) and New Circle Road (KY 4). This provides straightforward access to downtown Lexington, the University of Kentucky, and Blue Grass Airport. While primarily car-dependent, the central location makes commutes and errands efficient for residents.
Why Choose Monticello
Monticello is an excellent choice for homebuyers seeking a stable, established community with a median household income of $70,687. It offers the tranquility of suburban living without sacrificing convenient access to Lexington's urban amenities. The neighborhood represents a classic Lexington residential experience with strong long-term value.
Monticello Market Data
| Metric | Value |
|---|---|
| Median Home Price | $260K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $71K |
| Homeownership Rate | 63.2% |
| Renter-Occupied | 36.8% |
| Rental Vacancy Rate | 1.5% |
| Market Type | Seller's |
| Market Tier | Upper-Mid |
| Primary ZIP Code | 40503 |
Top Real Estate Agents in Monticello, Lexington
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Monticello, 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