Coldstream, Lexington, KY—40508
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Coldstream, Lexington, KY
As of Oct '25, the median home price in Coldstream, Lexington, KY is $215,000, with a year-over-year change of 6.2%. This indicates that home prices in Coldstream, Lexington, KY are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $215,000 | 6.2% |
| Single Family | $200,000 | 5.8% |
| Condos | $292,000 | 6.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $189,000 | 2.7% |
2 Bed | $254,000 | 8.1% |
3 Bed | $243,000 | 6.1% |
4 Bed | $303,000 | 5.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Coldstream, Lexington, KY
As of July '25, Rentcast reports the average rent in Coldstream, Lexington, KY is $1,280, with a year-over-year rent change of 1.6%. Per bedroom, the median rent as of July '25 in Coldstream, Lexington, KY is studios: $1,000, 1-bedrooms: $967, 2-bedrooms: $1,490, 3-bedrooms: $1,430, 4-bedrooms: $1,910. The most common rental property sizes in Coldstream, Lexington, KY are 1-bedroom and 2-bedroom, accounting for 38.2% and 28.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,240 | $1,280 |
| Studio Rent | $875 | $1,000 |
| 1 Bed Rent | $875 | $967 |
| 2 Bed Rent | $1,350 | $1,490 |
| 3 Bed Rent | $1,400 | $1,430 |
| 4 Bed Rent | $1,400 | $1,910 |
% of Rental Stock
Property Listings — Coldstream, Lexington, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Coldstream, Lexington, KY is 50. This is a decrease of -23.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $249,000 | 14.0% |
Listing Count | 67 | 10.0% |
| Listings as % of Homes | 0.3% | 10.0% |
Days on Market | 50 | -23.0% |
Demographics — Coldstream, Lexington, KY
As of the latest ACS Survey released in 2023, Coldstream, Lexington, KY has a population of 24,400, which has decreased by -7.6% over the past 5 years. Coldstream, Lexington, KY is a less popular place for families, as children make up 10.7% of the population. The area has a moderately educated workforce, with 35.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,400 | -7.6% |
% Under 18 | 10.7% | -17.7% |
% Seniors | 9.1% | 40.0% |
% WFH | 9.2% | 253.8% |
% w/ College Degree | 35.8% | 18.2% |
As of the latest ACS Survey released in 2023, Coldstream, Lexington, KY is a predominantly white area, with 60.2% of the population identifying as white. The white population has grown by 1.0% in the last 5 years. The second most common race or ethnicity in Coldstream, Lexington, KY is black, making up 22.7% of the population. Foreign-born residents account for 9.2% of the population in Coldstream, Lexington, KY, and this percentage has decreased by 7.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 60.2% | 1.0% |
% Black | 22.7% | -15.0% |
% Hispanic | 8.8% | 54.4% |
% Asian | 2.7% | -34.1% |
% Foreign Born | 9.2% | -7.1% |
Mortgage and Risk — Coldstream, Lexington, KY
According to HUD data as of 2023, there were 180 mortgage originations in Coldstream, Lexington, KY, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Coldstream, Lexington, KY. Investor activity is low, as 15.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 180 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 15.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Coldstream, Lexington, KY
As of 2024, the percent of homes in Coldstream, Lexington, KY under the Section 8 program is 12.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Coldstream, Lexington, KY, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,301 |
Total Units Section 8 | 889 |
% Rentals under Section 8 | 12.1% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $25 | $875 | $900 |
| 2 Bedroom | -$280 | $1,350 | $1,070 |
| 3 Bedroom | $50 | $1,400 | $1,450 |
| 4 Bedroom | $240 | $1,400 | $1,640 |
Affordability — Coldstream, Lexington, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.1 |
| Median Home Price | $215,000 |
| Median Household Income | $28,000 |