Homestead Georgetown KY - All You Need To Know

by Christy Wethington

Homestead

TLDR: Homestead is a reliable, value driven neighborhood that offers consistency for both owner occupants and entry level investors. It provides an appealing combination of low annual fees and usable community amenities, with home prices anchored below the county median, making it a strong contender for first time buyers in Scott County.

Neighborhood Overview

The Homestead neighborhood, established around the mid 2000s, is known for its practical, modest single family homes. It's an area that delivers solid, predictable value, the kind of stability that appeals to long term investors.

HOA/Amenities: The HOA structure here is very attractive, with fees reported as a low $$200$ to $$250$ annually. That works out to roughly $$17$ to $$21$ a month, which is nearly negligible. For that fee, residents gain access to Recreation Facilities and the ability to rent the HOA office for events. This minimal cost with usable amenities is a huge win for maximizing monthly cash flow. Confirm all fees and services for any specific listing.

Location and Access

Homestead is situated favorably for convenient living in Georgetown.

Proximity to Toyota (TMMK): While a precise travel time from Homestead is not available, the neighborhood's access to main roads allows for a smooth commute to the Toyota Manufacturing plant. TMMK is located efficiently off I-75, and Homestead's location off US 460/Georgetown Bypass positions it well for fast access to the northern industrial areas.
Commuter Route (I-75): The neighborhood has good connectivity to US 460 (Bypass) which is a primary artery for reaching both I-75 and Downtown Georgetown, making it simple for people commuting north toward Cincinnati or south toward Lexington.

Housing Market Snapshot

Homestead is a crucial mid market section of Georgetown, consistently listing and selling homes at an attractive price point.

Average Price Point: Homes typically list and sell in the $$280, 000$ to $$330, 000$ range, though some larger or updated properties have sold for more. The median list price is around $$289, 900$ . This price segment is critical because it sits comfortably below the Georgetown median price of $$350 K$ , making it a prime target for first time buyers and savvy investors.
Average Days on Market (DOM): The average Days on Market for Homestead is reported at $57$ days. This aligns closely with the overall Georgetown market pace, which averages $56$ days. This is a stable, balanced market environment, signaling healthy demand without the bidding frenzy of the ultra hot segments.

Scott County School Zoning

The school zoning for Homestead is a solid foundation for both resale value and rental desirability.

Zoning Examples: Properties in Homestead often feed into Southern Elementary School, Georgetown Middle School, and Scott County High School or Great Crossing High School. This is a proven, reliable sequence of Scott County schools.
School Value Proposition: Scott County schools are the core draw for this entire area. Being zoned for any of the main feeder schools ensures high tenant demand and better resale stability, especially for a buyer/investor who anticipates selling to a family later on.
Crucial Note: School district lines are not permanent. Always direct buyers/investors to confirm the exact attendance zone for a specific address with the Scott County School District to ensure accuracy.

Why Buyers Choose Homestead

Homestead offers an equation of high perceived value and low ongoing cost. It's the smart money move for those who prioritize neighborhood quality over luxury amenities.

The Low Fee Advantage: A sub $$30$ monthly HOA fee is a competitive edge. It minimizes the barrier to entry and the ongoing ownership cost, which is crucial for maximizing an investor’s return on investment.
The Stability Factor: The mid $$200 K s$ to low $$300 K s$ price bracket is the most consistent buyer demand in this market. Homestead delivers predictable housing stock in that price band. It’s not a gamble; it’s a proven market segment.
The Location Sweet Spot: It's conveniently located near the Georgetown bypass, giving residents quick access to work and to the services in town without getting bogged down in downtown traffic.

ACTIVE HOMESTEAD LISTINGS

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

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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.