Why Live in Farley Place
Farley Place, located on the east side of Paducah, is known for its affordability and modest residential streets. The neighborhood features mid-century single-family homes, many of which are fixer-uppers, offering potential for renovation. Home styles include 1940s and 50s bungalows, wood-exterior ranch-style houses, and brick ranch-style houses, with prices ranging from $15,000 to $120,000. The area is shaded by old-growth trees, providing ample space for outdoor activities like setting up patios and barbecues. Farley Place is conveniently situated near the Tennessee and Ohio rivers, where residents enjoy kayaking, fishing, and swimming. Kolb Park, with its playground, is less than half a mile north of the neighborhood.
For families, Paducah Tilghman High School, located less than 3 miles northwest, is highly rated and offers career-oriented programs and Advanced Placement classes. The neighborhood is also close to big-box retail stores and chain dining options along Irvin Cobb Drive, including Kroger, Lowe's, Walmart, Burger King, Wendy's, and Sonic Drive-In. Local businesses such as boat and engine dealers and a tire shop are also nearby.
Downtown Paducah, less than 2 miles north, provides a vibrant arts scene with venues like Maiden Alley Cinema and the Carson Center for Performing Arts. The area hosts events such as BBQ on the River, attracting thousands for food and live music. While Farley Place lacks public transit, it is pedestrian-friendly with sidewalks and streetlights, and Nashville International Airport is 140 miles southeast via Interstate 24.
Frequently Asked Questions
Is Farley Place a good place to live?
Farley Place is a good place to live. Farley Place is considered car-dependent and bikeable. Farley Place is a suburban neighborhood. Farley Place has 3 parks for recreational activities. It has a median age of 39. The average household income is $49,304 which is below the national average. College graduates make up 10.2% of residents. A majority of residents in Farley Place are renters, with 60% of residents renting and 40% of residents owning their home. A
local real estate agent serving Farley Place can help you decide if this neighborhood is the right one for you. Learn more on our
Farley Place neighborhood guide.
Is Farley Place, KY a safe neighborhood?
Farley Place, KY is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Farley Place?
The median home price in Farley Place is $488,000. If you put a 20% down payment of $97,600 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,530 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $108K a year to afford the median home price in Farley Place. The average household income in Farley Place is $49K.
What are the best public schools in Farley Place?
The best public schools that serve Farley Place are:
What are the most popular zip codes in Farley Place, Paducah, KY?
What are the most popular neighborhoods near Farley Place, Paducah, KY?
Home Trends in Farley Place, KY
On average, homes in Farley Place, Paducah sell after 96 days on the market compared to the national average of 70 days. The median sale price for homes in Farley Place, Paducah over the last 12 months is $450,000.
Median Sale Price
$450,000
Median Single Family Sale Price
$450,000
Median 2 Bedroom Sale Price
$420,000
Median 1 Bedroom Sale Price
$360,000
Average Price Per Sq Ft
$264
Number of Homes for Sale
1
Last 12 months Home Sales
11
Median List Price
$488,000
Median Change From 1st List Price
8%