Georgetown Homes & Real Estate

Georgetown Real Estate Market

Georgetown real estate offers homebuyers a variety of benefits. This community has a diverse real estate market with options available for just about any type of homebuyer. As of January of 2018, the median sale price of a home here was $186,000. This creates a price per square foot of $109. It’s important to know that these home prices are quite moderate for this area of Lexington, providing homebuyers with an opportunity to buy a home affordably. Over the previous 12 months, home values have grown by about six percent in Georgetown. This is solid growth that indicates a healthy real estate market for the area.

From the period of May of 2017 through August of 2017, the area had 163 homes sell. As of January of 2018, the area had about 175 homes listed for sale. These are new construction, existing homes for sale, as well as pre-foreclosure homes. What’s important to know here is that there are plenty of homes on the market to choose from, making buying a home in Georgetown an excellent opportunity.

Those who do wish to buy a home here will find a variety of options on the market. Homes here include single-family properties, condos, and townhomes. Some apartment complexes exist as well as multi-family properties. In-home styles, there are many options available here, too. Ranches are a common option, but there are also numerous Colonial and Tudor Revivals here. Some of the homes for sale are brand new construction.

Georgetown homes represent a collection of southern architecture that adds to the unique culture of Kentucky. Only ten miles north of Lexington, off of I-75, Georgetown was the first city to produce Kentucky bourbon whiskey. It is now home to Georgetown College, a private liberal arts college, and to the Toyota Automobile Factory, where they manufacture the Camry, Hybrid Camry, Venza, and Avalon.

Georgetown Community Amenities

There’s much to love about Georgetown including the numerous parks and playgrounds available throughout the city. The historic district is a tourism draw and tends to be a top-rated destination for those who wish to explore Greek Revival Architecture. The downtown area is also home to numerous shops and restaurants, most of which are locally owned locations. The city is quite modern with a variety of establishments. However, much of it remains green space. It is only a short drive to larger malls and shopping destinations as well as to the area’s best outdoor spots.

Georgetown Neighborhood Highlights

• The city is well known as a college community due to the presence of Georgetown College.
• The Oxford Historic District is the name of the city’s historic district. This is an area with numerous retail and business offices.
• Toyota operates a plant in the area. It is the largest employer of residents in the city, employing over 9500 people.
• Georgetown City Hall is an impressive, century-old building in the center of the city.
• Other historic points of interest include the Royal Spring, Cardome Centre, and the Scott County Courthouse.

Georgetown School Information

Students living in Georgetown will attend Georgetown and Scott County schools. There are eight elementary schools, three middle schools, and a single high school. The city also has a number of private schools including St. John Elementary school, Keystone Montessori Elementary School, and Providence Christian Academy. The city also is home to Georgetown College, a private liberal arts college.

Homeowners enjoy a variety of benefits on Georgetown. From the historically charming areas to the open green space. With affordable home prices and a solid inventory of homes for sale, Georgetown can offer a variety of benefits to today’s homebuyers.

Georgetown Real Estate Agents

Planning to buy or sell a home in Georgetown? Let our local Kentucky real estate team guide you through the sale of your current Georgetown home or purchase your next property. As Georgetown, KY real estate agents, we’re well-versed in the unque market dynamics of Georgetown real estate. We’re ready to work with you today!

Contact the Nick Ratliff Realty Team to learn more about representation for buyers and sellers. Preparing to sell your Georgetown home? Contact us today to receive an estimate on your Georgetown, KY home!

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