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Downtown Georgetown

Downtown Georgetown

Neighborhood in Georgetown, Kentucky

Scott County 40324

$246,024 Average Value
$148 Average Price per Sq Ft
4 Homes For Sale

History flows like spring water in downtown Georgetown

Located 15 miles north of Lexington in the Bluegrass region of central Kentucky, people have long gravitated toward Georgetown’s Royal Spring. Originally inhabited by the Shawnee, Reverend Elijah Craig settled his congregation there in the 1780s. As legend has it, Craig distilled the first batches of bourbon using water from Royal Spring, right in what is now downtown. But change proceeds as surely as spring water, and now the neighborhood offers not only historic landmarks and the Georgetown & Scott County Museum but also an array of local eateries and shops. “There’s a really good mix of new people and generational Georgetownians,” Kristine Cassata, Founder and Realtor at Indigo & Co Realty, says.

Main Street is a favorite shopping location amongst those in Downtown Georgetown.
Main Street is a favorite shopping location amongst those in Downtown Georgetown.
Downtown Georgetown was established in 1784 by Elijah Craig.
Downtown Georgetown was established in 1784 by Elijah Craig.
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Living history and community spirit

Residents revisit local history at Royal Spring Park, which still serves as a municipal water source, as well as once powering the first paper and pulling mills west of the Alleghany. Visitors can explore two historic cabins, one built by Milton Leach, a former enslaved man. At Robert Lonnie Suffoletta Memorial Park, neighbors take in games of the Scott County Youth Baseball league at one of several fields, play on the playground or picnic at the shelter. Evans Orchard & Cider Mill is nearby, where people explore a fifth-generation farm, pick fruit and flowers, sample cider or make new animal friends at the Barn Yard Petting Zoo.

Royal Spring Park sits within the heart of Downtown Georgetown.
Royal Spring Park sits within the heart of Downtown Georgetown.
Residents enjoy the scenic view at Royal Spring Park.
Residents enjoy the scenic view at Royal Spring Park.
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Local businesses thrive on Main Street

Local businesses line downtown Georgetown’s vibrant Main Street. Cassata recommends Maime’s Fine Wine & Gifts for their expansive bourbon selection, including some hard-to-find bottles. Other favorites are Galvin’s, a “tried and true sports bar that people love,” Cassata says. Desserts by Rebecca offers coffee, breakfast sandwiches, and of course, desserts, along with cake-decorating classes. Residents can savor craft cocktails and farm-to-table dishes at Local Feed or enjoy a pint at Slainte Public House, an Irish pub with frequent live music. For groceries, Kroger and Aldi are less than 3 miles down U.S. Route 25.

A local favorite, Fava’s Restaurant, boasts quaint small-town character.
A local favorite, Fava’s Restaurant, boasts quaint small-town character.
Local residents visit downtown Georgetown to explore its variety of boutique shops.
Local residents visit downtown Georgetown to explore its variety of boutique shops.
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Celebrating Kentucky horse culture

“The standout event of the year is the Festival of the Horse,” says Dylan Marson, a local resident and the Communications Manager for Georgetown/Scott County Tourism. Each year in September, the Festival draws “25,000 to 30,000 attendees for the weekend,” Marson says. Nearby, the Keeneland Raceway holds horseraces in April and October. “Everyone knows about the Kentucky Derby, but Keeneland is the go-to around here for racegoers and any who appreciate horse culture here,” Marson says. Make-A-Wish Day at Evans Orchard, another annual event, brings together families from Ohio, Kentucky and Indiana.

Festival of the Horse features live music, vendors, and the largest parade in the county.
Festival of the Horse features live music, vendors, and the largest parade in the county.
The Festival of the Horse is a 3-day event to commemorate horse heritage.
The Festival of the Horse is a 3-day event to commemorate horse heritage.
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Tasteful variety and historic architecture

Downtown Georgetown has a variety of architectural styles, ranging from decorative and historic Queen Annes with stately towers and turrets to single-story bungalows. Brick ranch-style homes populate the area just west of South Broadway Street. Many homes have private driveways and prominent porches, and most are moderately spaced with well-manicured lawns. Prices range from $200,000 for smaller homes to upwards of $500,000 for grand historic buildings.

Downtown Georgetown is a neighborhood located within the heart of Georgetown, KY.
Downtown Georgetown is a neighborhood located within the heart of Georgetown, KY.
Local character abounds in the Downtown Georgetown area of Georgetown, KY.
Local character abounds in the Downtown Georgetown area of Georgetown, KY.
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Convenient location close to highways

Downtown Georgetown is 2 miles from Interstate 75 and Lexington is 15 miles south, great for commuters who might seek work in the larger city. However, Toyota built a plant in Georgetown in the 1986, and ample local jobs have been available since. Locals walk to nearby Main Street and its many shops and eateries. Blue Grass Airport is 16 miles away. For those seeking more city bustle, Louisville and Cincinnati are both about 70 miles distant.

Neighborhood schools and the liberal arts

Local students can attend Garth Elementary—housed in a former high school building that was added to the National Register of Historic Places in 1988—which earns a B-plus from Niche. Georgetown Middle School scores a C-plus and Scott County High gets a B-minus. The neighborhood is also home to Georgetown College, a small liberal arts college known for its arts programs. Chartered in 1787, Georgetown College offers 38 undergraduate majors and a Master of Arts in education.

Garth Elementary School services students in Downtown Georgetown from K-5th grade.
Garth Elementary School services students in Downtown Georgetown from K-5th grade.
Georgetown College is a long-standing institution within Downtown Georgetown.
Georgetown College is a long-standing institution within Downtown Georgetown.
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Ty Phelps
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Ty Phelps
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Andrea McKinney
Maurice McNeil
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Maurice McNeil

Agents Specializing in this Area

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Schools

Source:
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Parks in this Area

Transit

Airport

Blue Grass

29 min drive

Bus

E. Main & Mulberry St, Wb

Bus

Washington & Court St, Eb

Bus

Washington St & Cherry Tree Place Apts, Eb

Bus

S. Broadway & Clayton Ave, Nb

Bus

S. Broadway & College St, Sb

Crime and Safety

1 - Low Crime, 10 - High Crime Downtown Georgetown US
Homicide 4 4
Sexual Assault 4 4
Assault with Weapon 3 4
Robbery 3 4
Burglary 4 4
Motor Vehicle Theft 3 4
Larceny 4 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$240,000
Median Single Family Price
$240,000
Average Price Per Sq Ft
$148
Number of Homes for Sale
4
Last 12 months Home Sales
19
Months of Supply
2.50
Median List Price
$244,900
Median Discount From 1st List Price
2%
Median Home Sale Price YoY Change
5%

Home Facts

Number of Homes in Neighborhood
691
Median Year Built
1950
Avg. Single Family Home Size Sq Ft
1,725
Below the national average
1,935
Average Townhouse Size Sq Ft
1,549
Median Lot Size Sq Ft
8,712

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

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Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
3,204
Median Age
30
Population Density
8 ppl/acre
Population under 18
25.1%
On par with the national average
23.8%
Population over 65
14.1%
Below the national average
19.1%

Finances

Median Household Income
$43,943
Significantly below the national average
$71,702
Average Household Income
$63,865

Education and Workforce

High School Graduates
95.2%
College Graduates
25.5%
Below the national average
34.1%
Advanced Degrees
14%
% Population in Labor Force
57.2%
Below the national average
65.1%

Weather

Annual Precipitation
50''
Average Winter Low Temperature
26°F
Average Summer High Temperature
87°F
Annual Snowfall
26''

Area Factors

Somewhat Bikeable

Bike Score®

47 / 100

Somewhat Walkable

Walk Score®

58 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Downtown Georgetown
Thomas White
White Realty, LLC
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