Housing market in Lexington area (Richmond, Nicholasville: real estate, homes, income)

[somewheresouth]

Hi, I am a Realtor looking to relocate to the Lexington area. I do not want to be in the big city, but prefer one of the outlying areas considered bedroom towns of a major metro. Places like Richmond, Lawrenceburg, Danville, etc. Sounds like the southern portion of Lexington is growing best. I am looking for any advice about decent housing markets in the area. I have a young family and am very involved in church. Can anyone recommend growing areas. I am not concerned how far out of Lexington, just want there to be a demand for housing to enable me to earn a living. Thanks in advance!

[goldenmom7500]

Maybe Nicholasville? I have relatives in Danville and it is great, but personally (and I'm not an expert at all!) I wouldn't call it a suburb or bedroom community of Lexington. I would look at Nicholasville, Versailles, Richmond ... but Nicholasville keeps popping into my head. I live off of Harrodsburg Road right by the border of Fayette and Jessamine counties, and that road (which leads to Nicholasville) has a lot of new communities of estate homes. Gorgeous. But technically, I'm not 100% sure what "city" they are in.

[somewheresouth]

Thanks. What about Lawrenceburg. The numbers on this site indicate the income level is higher than average and the housing prices are lower than average. That seems to be a good mixture for growth potential. Why is the income high and the housing cheap?

[somewheresouth]

Any other thoughts on Lawrenceburg? I found some old posts that spoke very negatively of the area. However, it was from the point of view that conservative Christians are bad. If the town is full of the conservative Christian type then it is for us!!

[Beth4858]

Hi,
My husband and I are exploring Lex,Danville area soon for poss move in 2 years. Does N. Lake Herrington commute easily to Lexington?

[goldenmom7500]

Originally Posted by somewheresouth

Thanks. What about Lawrenceburg. The numbers on this site indicate the income level is higher than average and the housing prices are lower than average. That seems to be a good mixture for growth potential. Why is the income high and the housing cheap?

Hi,

I'm pretty new to the area, so I have no clue (that's why I'm not answering), but someone should know. Maybe even one of the other realtors posting?

[teebird1012]

My guess is the same reason that Danville is like that- it's far enough from Lexington to not be affected by higher real estate prices and also because of that there are less people that commute from L-burg and D-ville to Lexington so there are more jobs available in those towns...