Waterford, Lexington, KY
Waterford — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Waterford, Lexington, Kentucky. Explore the cited sources and local facts below while agent underwriting continues.
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Waterford Neighborhood Overview
Waterford is a well-established neighborhood located in Lexington, Kentucky, within the 40502 ZIP code. It offers residents a blend of suburban tranquility and convenient access to the amenities of a major city. The community is characterized by its mature landscaping and a mix of traditional family homes.
Lifestyle & Amenities
Residents enjoy a quiet, residential atmosphere ideal for families and professionals. The neighborhood is situated with convenient access to shopping, dining, and essential services in the greater Lexington area. Its location provides a comfortable base for both daily life and leisure activities.
Real Estate Market
The Waterford real estate market consists primarily of single-family homes. According to Census data, the median home value is $453,400, and current market metrics show an average price per square foot of approximately $195.57. This positions Waterford as a stable and desirable residential area within Lexington.
Schools & Education
Families in Waterford are served by the Fayette County Public Schools district. The specific schools serving the neighborhood are determined by the district's attendance zones. The area's median household income suggests a community with a strong interest in educational opportunities.
Transportation & Connectivity
The neighborhood provides good connectivity via major roadways, facilitating easy commutes to downtown Lexington, the University of Kentucky, and major employment centers. While primarily car-dependent, its central location within Fayette County minimizes travel times to key destinations across the city.
Why Choose Waterford
Waterford appeals to those seeking a established, stable community with a strong sense of place. Its combination of solid home values, a convenient location, and a family-friendly environment makes it a compelling choice in the Lexington housing market. It represents a balanced option for homebuyers looking for suburban comfort within the city.
Waterford 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 Waterford, Lexington
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Waterford, 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