Open Gates, Lexington, KY
Open Gates — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Open Gates, Lexington, Kentucky. Explore the cited sources and local facts below while agent underwriting continues.
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Open Gates Neighborhood Overview
Open Gates is a residential neighborhood located in Lexington, Kentucky, within the 40502 ZIP code. It offers a suburban atmosphere with convenient access to the amenities of the larger city. The area provides a balanced community for a mix of homeowners and renters.
Lifestyle & Amenities
Residents enjoy a quiet, family-friendly environment with local parks and green spaces nearby. The neighborhood's location provides relatively easy access to shopping, dining, and services in the greater Lexington area. Its suburban setting is ideal for those seeking a peaceful retreat close to urban conveniences.
Real Estate Market
The Open Gates real estate market features a median home value of $453,400, with a price per square foot around $203.68. Homes typically stay on the market for an average of 91 days, and the homeownership rate is 59%. The median monthly rent in the area is $1,047.
Schools & Education
Families in Open Gates are served by the Fayette County Public Schools district. The specific schools serving the neighborhood provide educational opportunities for all grade levels. Parents are encouraged to research the latest district assignments and ratings for their children.
Transportation & Connectivity
The neighborhood is well-connected by major roads, facilitating commutes to downtown Lexington and other employment centers. While primarily car-dependent, the area's layout supports local travel and access to key highways. Its location offers a strategic balance between suburban living and city access.
Why Choose Open Gates
Open Gates appeals to homebuyers and renters seeking a stable, suburban community with solid housing values. With a median household income of $70,687, it represents an affordable option within the Lexington market. The neighborhood is a practical choice for those who value space, quiet, and connectivity.
Open Gates 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 Open Gates, Lexington
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Open Gates, 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 2026-10-16