Neighborhood Profile

Southland-Deerfield-Open Gates

Lexington, KY | Fayette County
Scored premium profile
Best Neighborhoods USA Index
66.3
National rank: #2,177 of 14,967
Stability and Strength
62.8
Score
Value Opportunity
67.9
Score
Momentum
69.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationLexington, KY
CountyFayette County
National rank#2,177 of 14,967
State rank#17 of 115
City rank#4 of 38
County rank#4 of 38
National percentile85.5
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$335,260
Year-over-year home value change2.8%
Month-over-month home value change0.23%
Home value to income ratio3.86
Median household income$86,768
Bachelor's degree or higher58.1%
Civilian unemployment rate3.1%
Homeownership rate64.2%
Housing vacancy rate5.7%
Rent burden 30% or higher50.2%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Southland-Deerfield-Open Gates

What is the Best Neighborhoods USA ranking for Southland-Deerfield-Open Gates?

Southland-Deerfield-Open Gates is ranked #4 of 38 eligible neighborhoods in Lexington; #17 of 115 eligible neighborhoods in KY; and #2,177 of 14,967 eligible neighborhoods in the United States.

Is Southland-Deerfield-Open Gates one of the best neighborhoods in Lexington?

Southland-Deerfield-Open Gates has a Best Neighborhoods USA Index of 66.3 and a city ranking of #4 of 38 eligible neighborhoods in Lexington.

How much are homes worth in Southland-Deerfield-Open Gates?

The current Zillow Home Value Index for Southland-Deerfield-Open Gates is approximately $335,260.

Are home values rising or falling in Southland-Deerfield-Open Gates?

Zillow neighborhood values changed 2.8% year over year and 0.23% month over month.

What is the Neighborhood Momentum Score for Southland-Deerfield-Open Gates?

Southland-Deerfield-Open Gates has a Neighborhood Momentum Score of 69.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Southland-Deerfield-Open Gates?

The NDS-derived neighborhood median household income is approximately $86,768.

How affordable is Southland-Deerfield-Open Gates relative to household income?

The current Zillow home-value-to-household-income ratio is 3.86. Price-to-income affordability is a major Value Opportunity input.

Is Southland-Deerfield-Open Gates primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 64.2%.

What is the unemployment rate in Southland-Deerfield-Open Gates?

The NDS-derived civilian unemployment rate is approximately 3.1%.

How educated are residents of Southland-Deerfield-Open Gates?

Approximately 58.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Southland-Deerfield-Open Gates face high rent burden?

Approximately 50.2% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Southland-Deerfield-Open Gates?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications330
Estimated originations232
Home-purchase applications152
Origination rate70.4%
Home-purchase share46.1%
Average application loan$205,284
Total application loan amount$67,751,104
National application rank#1,025 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -0.6% YoY; originations 3.6% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.