Why Live in Mortonsville
Centuries-old oak trees shade the farmland in Mortonsville, Kentucky, a community that's remained primarily rural for the past 200 years. Livestock fences separate private properties from quiet roads, and the nearest grocery store is in Versailles, 7 miles away. "Mortonsville is not a very dense community," says David Humes, a Realtor with Christie's International Real Estate Bluegrass who has lived in the area since the early 1980s. "It's a big horse town….there are a lot of thoroughbred farms, and we used to have a lot of tobacco crops, but now it's mostly soybeans and hay." Downtown Lexington, which is home to more than 320,000 people, a large public research university, and plenty of employment opportunities, is 18 miles west. Kentucky's capital city is a little over 20 miles north, offering an escape from rural life. There are farmhouses, midcentury ranch-style houses and New Traditionals across Mortonsville. Properties rarely go on the market, and prices vary dramatically depending on lot size — the median cost for a single-family home is $525,000. Humes says it's common for residents to keep horses and maintain hobby farms on their land, and some live within several hundred
Home Trends in Mortonsville, KY
On average, homes in Mortonsville, Lexington sell after 29 days on the market compared to the national average of 51 days. The median sale price for homes in Mortonsville, Lexington over the last 12 months is $435,000, up 9% from the median home sale price over the previous 12 months.
Median Sale Price
$435,000
Median Single Family Sale Price
$585,000
Average Price Per Sq Ft
$247
Number of Homes for Sale
27
Last 12 months Home Sales
42
Median List Price
$569,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
9%