I’ve heard that home prices in Lexington have blown up since its discovery. Shame. It was on my list.
That may have been true three or four years ago; like everyplace else, prices have fallen since the great crash. In addition, much depends on what your basis for comparison is. As I live in the DC suburbs, prices in Lexington still seem remarkably low to me. If you are coming from (say) Oklahoma or eastern Kentucky, prices will seem high in Lexington.
I envy anyone who has the chance to move there. It is stunningly beautiful, with the views of the mountains and all the historic houses.