Derby Estates Georgetown KY - All You Need To Know

by Christy Wethington

Derby Estates

TLDR: Derby Estates is a core, middle-market Georgetown neighborhood offering a great mix of $3$ to $4$ bedroom homes at an affordable entry point compared to the broader Scott County market. It’s perfect for first time buyers or investors seeking reliable cash flow near key Georgetown employers.

Neighborhood Overview

Derby Estates is known as a family friendly community that delivers on the fundamentals: solid housing stock, great school access, and a convenient location. It’s not flashy, but it’s a dependable area that keeps demand high for both owner occupants and rental investors.

Crucial Note on HOA/Amenities: The data does not clearly specify the exact HOA fee for Derby Estates itself. One adjacent listing mentions a mandatory $$260$ fee, but this may not be representative of the entire subdivision. Buyers should confirm the specific HOA fees and included amenities, which are likely minimal, as this is typically a value oriented area.

Location and Access

Derby Estates benefits from its central positioning within Georgetown, making it a strong contender for local workers and commuters alike.

Proximity to Toyota (TMMK): Similar to many in town, Derby Estates offers excellent commuter access. TMMK is about $2.5$ miles from the I-75 Exit 126 entrance. The location ensures a fast drive time, which is a major factor for buyers working at the plant or surrounding industries.
Commuter Route (I-75/Lexington): The neighborhood's ease of getting onto main roads provides a fast track to both I-75 and the city of Lexington. This connectivity is critical for attracting quality tenants and maximizing investor property value.

Housing Market Snapshot

Derby Estates is positioned as an accessible, high-value option in the Georgetown market, generally priced below the overall median for the city.

Average Price Point: Homes in Derby Estates are currently listing and pending around the $$305, 000$ to $$339, 900$ range. This is significantly below the overall Georgetown median price of about $$350, 000$ , offering great relative value. The average price is reported at $$305, 000$ .
Inventory & Market Trend: Listings are typically $3$ bedroom, $2$ bathroom or $4$ bedroom, $3$ bathroom floor plans, often featuring smaller square footage (e.g., $1, 258$ sq ft to $2, 027$ sq ft). There's a minimal current inventory, showing high demand (e.g., $6$ listed, $1$ active, $1$ pending, $4$ recently sold). This scarcity suggests quick movement despite a general market trend where some home prices in the area have seen price decreases.
Median Days on Market (DOM): While the Georgetown city average is around $44$ to $56$ days, the limited inventory and strong price point of Derby Estates suggest these homes move quickly when available.

Scott County School Zoning

The school zoning is a major positive factor, ensuring strong family interest and a wide tenant pool for investors.

Elementary, Middle, High School: Homes in this area, similar to other solid Georgetown communities, generally fall within the strong Scott County school system. This includes access to highly desirable zones, such as Eastern Elementary, Royal Spring Middle, and Scott County High School. This access is a substantial value add.

Crucial Note: The school zoning for any Kentucky property is subject to change. As the expert, you must instruct the client to verify the zoning with the Scott County School district before removing any school related contingency.

Why Buyers Choose Derby Estates

Derby Estates is a neighborhood where your dollar goes further in the Georgetown market. It’s all about affordability and stability without sacrificing quality schools or commuter convenience.

Lower Barrier to Entry: The price point below the Georgetown median makes this an ideal target for first time buyers who want to build equity in a stable environment.
Investment Power: For investors, the lower purchase price combined with high demand from families who want the Scott County schools equals a favorable cash flow opportunity. The key here is volume and consistent demand.
Solid Fundamentals: It is a core community that provides everything a buyer needs: good schools, convenient location, and dependable housing. It's an excellent balance of cost and benefit.

ACTIVE DERBY ESTATES LISTINGS

Ready to Sell Your Georgetown Home?

Whether you're planning to list in 30 days or 6 months, let's start the conversation now. I'll help you create a custom game plan based on YOUR timeline, budget, and goals. Already ready to sell? Click HERE for more info

📞 Call/Text Christy: 502-542-3098
📧 Email: christywethington@epique.me
🏢 Office: 203 E Main St Ste 1, Georgetown, KY 40324

Get Your Free Home Valuation

About the Author:
Christy Wethington is a listing specialist with Wethington & Richards Group in Georgetown, KY. She helps Scott County homeowners navigate the selling process with honesty, expertise, and a whole lot of patience.