New, Frankfort, KY
New — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for New, Frankfort, Kentucky. Explore the cited sources and local facts below while agent underwriting continues.
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New Neighborhood Overview
The "New" neighborhood in Frankfort, Kentucky, is a quiet, primarily residential area offering a blend of historic charm and modern convenience. Located close to the heart of the state capital, it provides residents with a peaceful setting while remaining minutes from government centers and downtown amenities.
Housing & Real Estate
The area features a mix of well-maintained older homes, including bungalows and ranch-style houses, alongside some newer constructions. With a median home value of approximately $151,700, the neighborhood represents an affordable and stable entry point into the Frankfort housing market.
Schools & Education
Families in the New neighborhood are served by the Frankfort Independent School District or the Franklin County Public Schools, depending on location. Students may attend schools like Second Street School or Franklin County High School, which are known for their community-focused educational programs.
Parks & Recreation
Residents enjoy easy access to Juniper Hill Park, a sprawling complex featuring sports fields, walking trails, and picnic areas. The nearby Kentucky River also provides opportunities for scenic walks, fishing, and boating, adding to the area's outdoor appeal.
Local Dining & Shopping
While primarily residential, the neighborhood is a short drive from downtown Frankfort's vibrant dining scene, including local favorites like Rick's White Light Diner and Serafini. For shopping, residents head to downtown boutiques or the larger retail options along US-127.
Who Lives Here
The neighborhood attracts a mix of state government employees, young families, and long-time residents who appreciate its central location. With a median household income around $57,454, the area reflects a solidly middle-class community with deep roots in the capital city.
New Market Data
| Metric | Value |
|---|---|
| Median Home Price | $152K |
| Median Gross Rent | $598/mo |
| Median Household Income | $57K |
| Homeownership Rate | 84.7% |
| Renter-Occupied | 15.3% |
| Rental Vacancy Rate | 16.0% |
| Market Type | Buyer's |
| Primary ZIP Code | 40359 |
Top Real Estate Agents in New, Frankfort
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for New, Frankfort, KY. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Kentucky Real Estate Commission (KREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12