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.
Home Trends in Northeast Georgetown, KY
On average, homes in Northeast Georgetown, Georgetown sell after 73 days on the market compared to the national average of 70 days. The median sale price for homes in Northeast Georgetown, Georgetown over the last 12 months is $160,000, down 61% from the median home sale price over the previous 12 months.
Median Sale Price
$160,000
Median Single Family Sale Price
$350,000
Median Townhouse Sale Price
$359,999
Median 2 Bedroom Sale Price
$323,400
Median 1 Bedroom Sale Price
$115,000
Average Price Per Sq Ft
$275
Number of Homes for Sale
8
Last 12 months Home Sales
87
Median List Price
$323,400
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-61%