Why Live in Northeast Georgetown
Northeast Georgetown, located just a mile northeast of downtown Georgetown, is a neighborhood that combines small-town charm with convenient access to major cities like Lexington and Frankfort. The area is popular among those working at the nearby Toyota Assembly Plant and offers a variety of home styles, including ranch-style, new traditional, and to-be-built homes, often featuring brick and vinyl siding. Subdivisions with sidewalks are common, making it easy for residents to jog or walk their dogs. Occasionally, horse farms with stables on 10-plus acres are available. Home values here are typically $50,000 less than those in the Lexington metro area, ranging from $300,000 to $500,000, with homes selling quickly, averaging just 22 days on the market. Cherry Blossom Way is a local hub for dining and retail, featuring options like Starbucks, Chick-fil-A, and Cattleman's Roadhouse, as well as stores like Walmart and Lowe's. The neighborhood hosts the annual Festival of the Horse, a three-day event in September that celebrates Kentucky's horse culture with a Grand Parade of Horses, live music, artisan vendors, and more. For outdoor enthusiasts, Scott County Park and Oser Landing Park offer scenic trails, picnic areas, and sports fields, while the Cherry Blossom Golf Club provides a top-rated 18-hole course. The neighborhood is served by Scott County Schools, which have high ratings. Northeast Georgetown is safer than the national average and is well-connected by the Bluegrass RIDE bus service, with the Blue Grass Airport located 17 miles south.
Frequently Asked Questions
Is Northeast Georgetown a good place to live?
Northeast Georgetown is a good place to live. Northeast Georgetown is considered car-dependent and somewhat bikeable with some transit options. Northeast Georgetown has 11 parks for recreational activities. It is sparse in population with 1.9 people per acre and a median age of 34. The average household income is $77,568 which is below the national average. College graduates make up 22.7% of residents. A majority of residents in Northeast Georgetown are home owners, with 43.1% of residents renting and 56.9% of residents owning their home. A
local real estate agent serving Northeast Georgetown can help you decide if this neighborhood is the right one for you. Learn more on our
Northeast Georgetown neighborhood guide.
Is Northeast Georgetown, KY a safe neighborhood?
Northeast Georgetown, KY is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Northeast Georgetown?
The median home price in Northeast Georgetown is $299,900. If you put a 20% down payment of $60,000 and had a 30-year fixed mortgage with an interest rate of 6.36%, your estimated principal and interest payment would be $1,490 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $64K a year to afford the median home price in Northeast Georgetown. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Northeast Georgetown is $78K.
What are the best public schools in Northeast Georgetown?
The best public schools that serve Northeast Georgetown are:
What are the best private schools in Northeast Georgetown?
The best private schools that serve Northeast Georgetown are:
What are the most popular zip codes in Northeast Georgetown, Georgetown, KY?
What are the most popular neighborhoods near Northeast Georgetown, Georgetown, KY?
Are home prices dropping in Northeast Georgetown?
Yes, home prices in Northeast Georgetown are down 2% in the last 12 months.
Home Trends in Northeast Georgetown, KY
On average, homes in Northeast Georgetown, Georgetown sell after 28 days on the market compared to the national average of 58 days. The median sale price for homes in Northeast Georgetown, Georgetown over the last 12 months is $298,500, up 1% from the median home sale price over the previous 12 months.
Median Sale Price
$298,500
Median Single Family Sale Price
$298,500
Median Townhouse Sale Price
$215,000
Average Price Per Sq Ft
$202
Number of Homes for Sale
8
Last 12 months Home Sales
123
Median List Price
$299,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%