Georgetown
Suburban Neighborhood in Lexington, Kentucky
Fayette County 40508, 40511
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.
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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.
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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.
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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.
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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.
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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.
Written By
Yann Ranaivo
Photography Contributed By
Ryan Minion
Video By
Austin Lewis
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Agents Specializing in this Area
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John Groft
John Groft
RE/MAX Creative Realty
(859) 800-7132
149 Total Sales
1 in Georgetown
$108,000 Price
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Quanisha Gilmore
Quanisha Gilmore
Commonwealth Real Estate Professionals
(270) 600-7553
58 Total Sales
3 in Georgetown
$70K - $135K Price Range
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Erica Sardar
Erica Sardar
The Brokerage
(859) 800-7072
89 Total Sales
1 in Georgetown
$65,000 Price
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Ed Sarfo
Ed Sarfo
Commonwealth Real Estate Professionals
(859) 724-6627
109 Total Sales
7 in Georgetown
$50K - $105K Price Range
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Jack Rookard
Jack Rookard
Responds QuicklyRookard Real Estat Consultants
(859) 710-5744
63 Total Sales
2 in Georgetown
$35K - $89K Price Range
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Casey Weesner
Casey Weesner
Responds QuicklyWeesner Properties, Inc.
(859) 710-5537
232 Total Sales
1 in Georgetown
$94,000 Price
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
- 9th to 12th
- Public
- 6th to 8th
- Public
- Pre-K to 5th
- Public
Interested in learning more about homes in this area? Reach out to , an experienced agent in this neighborhood.
Parks in this Area
Woodland Park
Cheapside Park
Court Square Fountain
Fifth Third Pavilion
Masterson Station Park
- Dog Park
- Trails
- Playground
Douglass Park
Coolavin Park
Oak Wood Park
Davis Park
Transit
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
Georgetown Demographics and Home Trends
On average, homes in Georgetown, Lexington sell after 25 days on the market compared to the national average of 49 days. The median sale price for homes in Georgetown, Lexington over the last 12 months is $103,000, down 10% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$115,000
Median Sale Price
$103,000
Median Single Family Sale Price
$107,900
Median Change From 1st List Price
7%
Last 12 months Home Sales
21
Median Home Sale Price YoY Change
-10%
Average Price Per Sq Ft
$147
Neighborhood Facts
Number of Homes in Neighborhood
819
Number of Homes for Sale
4
Median Year Built
1933
Months of Supply
2.30
Average Single Family Home Size Sq Ft
1,250
Significantly below the national average
1,933
Average Townhouse Size Sq Ft
1,020
Median Lot Size Sq Ft
6,098
Distribution of Home Values
Homes for Sale
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Average Home Value
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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Meadowthorpe
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