Why Live in Hutchinson-Monterey
Hutchinson-Monterey, nestled between Lexington and Paris in Kentucky, is a rural neighborhood known for its expansive properties and close-knit community. Residents often move here to enjoy more land and a quieter lifestyle, as exemplified by EMS Major Jason Taylor III, who relocated from Lexington for a property that could accommodate both his family and in-laws. The neighborhood is characterized by its horse farms and equestrian facilities, such as Hickory Manor Farm and Concord Equestrian Center, and is near the renowned Claiborne Thoroughbred breeding farm. Downtown Paris, just 4 miles away, features several parks like Bourbon County Park and American Legion Park, and the top-rated Houston Oaks golf course. Real estate in Hutchinson-Monterey varies, with options ranging from quarter-acre lots to large traditional or farmhouse homes on extensive acreage. The area is served by Bourbon County Schools, which are noted for their commitment to special needs education and above-average performance in several academic areas. While the neighborhood lacks public transportation and is not walkable, it is conveniently located within 20 miles of Winchester and Lexington, and 4 miles from downtown Paris. Local attractions include the Bourbon County Fair and Horse Show, the Bourbon Drive-In, and dining options like Windy Corner Market and Trackside. Despite limited nightlife, the proximity to Lexington offers additional entertainment options. Hutchinson-Monterey has a crime rate lower than the national average, contributing to its appeal as a peaceful residential area.
Home Trends in Hutchinson-Monterey, KY
On average, homes in Hutchinson-Monterey, Paris sell after 37 days on the market compared to the national average of 69 days. The median sale price for homes in Hutchinson-Monterey, Paris over the last 12 months is $469,990, up 34% from the median home sale price over the previous 12 months.
Median Sale Price
$469,990
Median Single Family Sale Price
$499,999
Median Townhouse Sale Price
$370,923
Average Price Per Sq Ft
$190
Number of Homes for Sale
3
Last 12 months Home Sales
21
Median List Price
$469,990
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
34%