Neighborhood Market Analysis
Generally bounded by Richmond Road to the north, Sherman Avenue to the east, and Owsley Avenue to the south and west. Adjacent to Chevy Chase and Ashland Park.
Mix of long-term residents (many 50+ years), young professionals, and families. Median income above 53.8% of US neighborhoods. Increasing diversity as younger buyers move in.
Close-knit, historic, and neighborly. Residents host porch concerts, block parties, and support local businesses. Blend of tradition and youthful energy.
Yes—active neighborhood association, community garden, and frequent family events. Children often seen playing and neighbors socialize regularly.
Price competitively for condition and updates; renovated homes command a premium. Stale listings often due to overpricing or deferred maintenance.
Provide inspection reports, highlight recent upgrades, and offer home warranty options.
Emphasize walkability, community amenities, and available on-street parking solutions.
Showcase appreciation trends, rental demand, and unique lifestyle benefits.
Strong, driven by demand for historic homes and proximity to downtown and UK. Outpaces many Lexington neighborhoods.
High, especially among students, young professionals, and university staff. Average rent $1,444/month (April 2025).
Moderate to high for renovated homes; less for fixer-uppers or homes needing updates.
Leverage neighborhood events and community stories in marketing.
Network with local businesses and the neighborhood association for referrals.
Educate buyers on historic home ownership and available incentives.
Stage homes to highlight both period charm and modern updates.
Monitor inventory closely and price aggressively for condition.
Kenwick is positioned as a historic, walkable, and community-oriented alternative to pricier nearby neighborhoods.
Median home price is lower than Chevy Chase/Ashland Park ($700K+), higher than Fairway-Liberty Heights ($223K median).
Appealing for those seeking character and community, but may require education on older home maintenance.
Attractive for buyers upgrading from condos/apartments, especially families seeking schools and walkability.
Some interest from retirees seeking walkable, low-maintenance living, though lot/home sizes may be smaller than desired.
Strong rental demand and appreciation, but careful property selection is key for cash flow.
Popular with those moving for UK or downtown jobs; highlight lifestyle and convenience.
This neighborhood analysis was generated using hyperlocal data and AI intelligence.
Neighborhood conditions change - consult with local real estate professionals for the most current information.
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