Pera Place, Lexington, KY
Pera Place — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Pera Place, Lexington, Kentucky. Explore the cited sources and local facts below while agent underwriting continues.
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Pera Place Neighborhood Overview
Pera Place 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 a larger city. The area is characterized by its established homes and community feel.
Lifestyle & Amenities
Residents enjoy a quiet, family-friendly environment with nearby parks and local shopping options. The neighborhood's location provides relatively easy access to Lexington's dining, entertainment, and retail centers. This balance makes it attractive for those seeking suburban comfort without complete isolation.
Real Estate Market
The real estate market in Pera Place features a median home value of $453,400, according to U.S. Census data. Current market metrics show an asking rent around $1,850 per month and a price per square foot of approximately $1.57. These figures indicate a stable and desirable housing market within the Lexington area.
Schools & Education
Pera Place is served by the Fayette County Public Schools district. Families in the area have access to the district's range of educational institutions. For specific school assignments and performance data, prospective residents should consult the latest district boundary maps.
Transportation & Connectivity
The neighborhood is well-connected by major roadways, facilitating commutes to downtown Lexington and other employment centers. While primarily car-dependent, the area's layout supports efficient local travel. Its positioning offers straightforward routes to key city infrastructure and services.
Why Choose Pera Place
Pera Place is an excellent choice for homebuyers seeking a settled community with a strong median household income of $70,687. It provides a blend of residential tranquility and urban accessibility. The stable real estate market and family-oriented environment make it a compelling neighborhood within Lexington.
Pera Place 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 Pera Place, Lexington
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Pera Place, 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