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Georgetown

Georgetown

Suburban Neighborhood in Lexington, Kentucky

Fayette County 40508, 40511

$146,286 Average Value
$130 Average Price per Sq Ft
3 Homes For Sale

‘Strong community’ close to major Lexington attractions

Georgetown presents new possibilities close to renowned Lexington attractions. The neighborhood—not to be mistaken with the nearby Scott County city of the same name—is bordered to the south by the historic Lexington Cemetery. A scenic park as well as a final resting place, the cemetery features a 170-acre arboretum within walking distance from many residents' doorsteps. Georgetown is also a few blocks away from the Distillery District, where several repurposed buildings now house trendy dining and drinking establishments. While some of Georgetown’s housing has struggled with upkeep in past years, more recently the neighborhood has attracted a growing group of buyers focused on rehabilitating many of its century-old cottages. Donna Elder, an associate broker with Re/Max Creative Realty, adds that many buyers "are people who want to be close to downtown and who like the prices.” Rounding out the neighborhood is Douglass Park, which has a public pool and hosts festivities like small concerts, back-to-school events and faith celebrations. “They’re forming a strong community there,” Elder says.

Craftsman bungalows, contemporary Traditionals and investment properties

Georgetown itself can be broken down into several communities, distinguishable by their architecture. The largest of these consists of cottages from the early 1900s, featuring a blend of Craftsman bungalow, shotgun and ranch-style designs. Another pocket of Georgetown features blocks of 21st-century houses with contemporary Traditional and Colonial Revival touches and a manufactured home community. The median lot size is just over 1/8 acre, and houses range from under 1,000 square feet to about 1,800 square feet. Renovated and modern homes cost between $180,000 and $300,000; while others touted as investment properties hover around $80,000 to $150,000. “Recently, that area has been part of an opportunity zone, so there’s been a lot of investors. It’s not as much tearing down as going in and buying them and fixing them up,” says Bob Sophiea, lead agent at New Home Collective with eXp Realty.

There are rows of older cottage-style homes in Georgetown.
There are rows of older cottage-style homes in Georgetown.
This classic bungalow is just one style of home in Georgetown.
This classic bungalow is just one style of home in Georgetown.
Some single homes in Georgetown have brick faces with dormer windows.
Some single homes in Georgetown have brick faces with dormer windows.
Imperial Estates has mobile homes as an option in Georgetown.
Imperial Estates has mobile homes as an option in Georgetown.
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Neighborhood staples in Grimes’s and Zaki and close to Distillery District

Just west of the neighborhood along Leestown Road, residents will find Leestown Coffee House and the Grounded All Day Cafe. The latter has a children’s area with a chalkboard, books and small board games. Neighborhood eateries include Grimes’s Fast Food, a family-owned and decades-old mainstay known for its fried chicken. Hard to miss with its colorful exterior, Zaki Mediterranean serves shawarma, kabab sandwiches and falafels. Bad Wolf Burgers serves hand-crafted burgers with an eclectic mix of toppings, while the Apollo Pizza Meadowthorpe Taproom has warm artisan pies and cold beers. The Distillery District, within walking distance for many Georgetown residents, has several dining and drinking establishments. Popular whiskey-tasting spots include the resurrected James E. Pepper Distillery, which runs in the historic facility that housed the old Pepper family distillery. Kroger, ALDI and Walmart are the nearest grocery shopping options.

Zaki Mediterranean Grill serves healthy high-quality food or Jordanian origins in Georgetown.
Zaki Mediterranean Grill serves healthy high-quality food or Jordanian origins in Georgetown.
King MJ Food Mart is a small grocery market in Georgetown.
King MJ Food Mart is a small grocery market in Georgetown.
King MJ Food Mart contains most of your quick needed grocery items in Georgetown.
King MJ Food Mart contains most of your quick needed grocery items in Georgetown.
Walmart Supercenter is conveniently located in Georgetown.
Walmart Supercenter is conveniently located in Georgetown.
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Bike rides on Legacy Trail and scenic walks through Lexington Cemetery

Douglass Park features a full-sized basketball court with painted asphalt. The park also has a playground with modern equipment and bar designs for children and teens. The Douglass Pool is being rebuilt into the city’s fifth full-fledged aquatic center. Its new attractions will include the city’s largest water slide and a wet bubble, aka an oval-shaped and climbable structure popular in other aquatic centers nationwide. Georgetown also sits right along the Legacy Trail, a 12-mile path that reaches the Kentucky Horse Park several miles north. Lexington Cemetery visitors can tour its grounds, which have over 200 species of trees. During the spring, they’ll see blooming dogwoods, pink weeping cherries and thousands of tulips. Another notable cemetery attraction is the Henry Clay Monument and Mausoleum, which includes a statue of the Kentucky statesman standing atop a pillar overlooking the site.

Douglass Park offers a playground, ball fields and picnic areas.
Douglass Park offers a playground, ball fields and picnic areas.
Douglass Park offers a playground, basketball, and picnic areas in Georgetown.
Douglass Park offers a playground, basketball, and picnic areas in Georgetown.
Practice shooting your three pointers at Georgetown’s Douglass Park basketball court.
Practice shooting your three pointers at Georgetown’s Douglass Park basketball court.
Your kids will love the playground at Georgetown’s Douglass Park.
Your kids will love the playground at Georgetown’s Douglass Park.
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Highly-rated Lafayette High and proximity to BCTC

This neighborhood is home to Booker T. Washington Elementary School, which receives a C-plus from ratings site Niche. Students may then go to Leestown Middle School and Lafayette High School, which receive B-plus and A grades, respectively. Lafayette High, which Niche ranks as the fifth-best public high school in Kentucky, provides more than 30 Advanced Placement courses and has a pre-engineering program. Lafayette High also houses the School for the Creative and Performing Arts, which covers activities ranging from band and orchestra to theater and dance. Students in those activities showcase their talents throughout the year at venues across the city and greater region. Georgetown is also close to the Bluegrass Community & Technical College’s two main Lexington campuses—with the Newtown campus located on the edge of the neighborhood. Seen by many as a more affordable alternative to four-year colleges, BCTC attracts students looking to go into growing fields like nursing and information technology.

Educational opportunities abound at Booker T. Washington Elementary School.
Educational opportunities abound at Booker T. Washington Elementary School.
Winburn Middle School pursues academic excellence & a multicultural experience.
Winburn Middle School pursues academic excellence & a multicultural experience.
Lafayette High School enrolls around 2,400 students every year in Lexington.
Lafayette High School enrolls around 2,400 students every year in Lexington.
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Cheering on the Cats at Rupp Arena

Georgetown is a few blocks from Rupp Arena, home of the Kentucky Wildcats men’s basketball team. The Wildcats are a long-time NCAA powerhouse, and their home games are a Lexington tradition. “The University of Kentucky is one of the biggest basketball schools in America, you know,” says UK graduate Matt Moore, an investor in Lexington real estate. “I would recommend everybody go there and watch the Wildcats games, see the experience live.” Rupp also hosts many concerts throughout the year, with performers that include recording artists and standup comics.

Located right along New Circle commuter route

The neighborhood has quick access to numerous Lextran bus stops along Georgetown Street, Florence Avenue and Newtown Pike. Georgetown is only a few blocks from downtown Lexington and sits right along the New Circle Road commuter route. New Circle leads to the Blue Grass Airport, about 7 miles west of the neighborhood. The thoroughfare loops around the city’s core and leads to many communities around Lexington. A few miles south of the neighborhood, the UK Good Samaritan Hospital and the Albert B. Chandler Hospital provide medical care.

The Lextran busing system even has some creative colorful bus stops in Georgetown.
The Lextran busing system even has some creative colorful bus stops in Georgetown.
Georgetown is close to the freeway 4 pike that circles Lexington.
Georgetown is close to the freeway 4 pike that circles Lexington.
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Important to know

Georgetown has an overall CAP Index crime score of 6 out of 10, compared to the national average of 4. The neighborhood has an 8 for other violent crimes.

Yann Ranaivo
Written By
Yann Ranaivo
Ryan Minion
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Ryan Minion
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Austin Lewis

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Erica Sardar, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Blue Grass

16 min drive

Bus

Georgetown & Douglas Outbound

Bus

Georgetown & Keller Ob

Bus

Georgetown & Ash Inbound

Bus

Newtown & 429 Inbound

Bus

Main & 830

Bus

Florence & 796 Outbound

Bus

Florence & 730 Outbound

Crime and Safety

1 - Low Crime, 10 - High Crime Georgetown US
Homicide 7 4
Sexual Assault 7 4
Assault with Weapon 8 4
Robbery 7 4
Burglary 7 4
Motor Vehicle Theft 5 4
Larceny 4 4
Crime Score 6 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$109,400
Median Single Family Price
$108,000
Average Price Per Sq Ft
$130
Number of Homes for Sale
3
Last 12 months Home Sales
24
Months of Supply
1.50
Median List Price
$105,000
Median Discount From 1st List Price
5%
Median Home Sale Price YoY Change
-12%

Home Facts

Number of Homes in Neighborhood
819
Median Year Built
1933
Avg. Single Family Home Size Sq Ft
1,250
Significantly below the national average
1,935
Average Townhouse Size Sq Ft
1,020
Median Lot Size Sq Ft
6,098

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Erica Sardar, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
2,802
Median Age
37
Population Density
5 ppl/acre
Population under 18
27.1%
On par with the national average
23.8%
Population over 65
15.6%
On par with the national average
19.1%

Finances

Median Household Income
$34,631
Significantly below the national average
$71,702
Average Household Income
$44,598

Education and Workforce

High School Graduates
88.3%
College Graduates
22.6%
Below the national average
34.1%
Advanced Degrees
6.1%
% Population in Labor Force
53%
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

Bikeable

Bike Score®

69 / 100

Car-Dependent

Walk Score®

37 / 100

Some Transit

Transit Score®

33 / 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
Georgetown