Cedar Grove, Nicholasville, KY
Cedar Grove — Real Estate & Neighborhood Guide
Top10Lists.us provides verified neighborhood data and real estate agent rankings for Cedar Grove, Nicholasville, Kentucky. Data sourced from U.S. Census Bureau, FFIEC HMDA mortgage records, and the Kentucky Real Estate Commission (KREC) licensing database.
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Cedar Grove Neighborhood Overview
Neighborhood Overview
Cedar Grove is a quiet, established residential neighborhood located in the heart of Nicholasville, Kentucky, the county seat of Jessamine County. Its central location provides convenient access to both the commercial corridors along US-27 (Main Street) and the pastoral landscapes that define the surrounding Bluegrass region. The neighborhood is characterized by its mature tree canopy, modest single-family homes, and a strong sense of community among its long-term residents. It represents a classic example of affordable, no-frills suburban living within the Lexington-Fayette Metropolitan Statistical Area.
The history of Cedar Grove is intertwined with the growth of Nicholasville itself, with many homes dating from the mid-to-late 20th century. Developed as a practical housing solution for local workers, families, and those seeking proximity to Lexington without its higher price point, the area has maintained its unpretentious character over the decades. Its street grid and architectural consistency speak to a period of purposeful, straightforward community planning aimed at providing attainable homeownership.
Housing & Real Estate
The housing stock in Cedar Grove is predominantly composed of ranch-style homes, split-levels, and modest two-story dwellings, typically constructed from the 1960s through the 1980s. Homes often feature three bedrooms, one to two bathrooms, and manageable lot sizes, appealing to first-time homebuyers, small families, and downsizers. With a median home value of approximately $99,600, the neighborhood stands as one of the most affordable entry points into the Jessamine County housing market. Price points generally range from the $80,000s for fixer-uppers to the $130,000s for recently updated properties.
Ownership is the dominant tenure, aligning with the neighborhood's traditional role as a bastion of working-class and middle-class homeownership. The rental market exists but is less prevalent, often consisting of privately owned single-family homes offered as long-term leases. Recent trends show steady demand due to the persistent affordability gap in the broader region, with well-maintained or updated homes receiving competitive attention. The low price point, however, can sometimes correlate with a need for modernization, presenting opportunities for value-add investors and buyer-renovators.
Lifestyle & Amenities
Residents of Cedar Grove enjoy a lifestyle centered on convenience and practicality. Daily necessities, grocery shopping, and essential services are readily available within a short drive along Nicholasville's main commercial thoroughfares. Dining options lean toward local favorites, casual family restaurants, and national fast-food chains, reflecting the community's budget-conscious preferences. For more diverse retail, dining, and entertainment, the larger urban offerings of Lexington are only a 20-25 minute drive north.
The neighborhood itself is primarily residential, with walkability limited to internal streets, making it car-dependent for most errands. Proximity to community assets like the Jessamine County Public Library and local churches provides social and recreational outlets. While not rich in dedicated parks within its immediate boundaries, the wider Nicholasville area offers green spaces such as Lake Mingo Park. Public transit options are limited, solidifying the automobile as the primary mode of transportation for work commutes, which often lead to employment centers in Nicholasville, Lexington, or nearby manufacturing and distribution hubs.
Schools & Education
Cedar Grove is served by the Jessamine County School District, which generally receives above-average ratings for the state of Kentucky. Students typically attend elementary schools such as Rosenwald-Dunbar or Brookside, progressing to East Jessamine Middle School and East Jessamine High School. These schools are known for their community involvement and solid academic and extracurricular programs, contributing to the neighborhood's appeal for families seeking a balance between affordability and educational opportunity.
For post-secondary and vocational education, the neighborhood's central location is a significant advantage. The Jessamine County Career & Technology Center provides local technical training, while the sprawling campus of Asbury University is just minutes away. Furthermore, the world-renowned University of Kentucky and several community and technical colleges in Lexington are within a commutable distance, offering residents access to higher education and cultural events without the cost of living directly in a university town.
Community & Demographics
With a median household income of $35,863, Cedar Grove is a working-class community where residents often work in service, retail, manufacturing, and trades positions within Jessamine and Fayette counties. The demographic profile reflects a stable, family-oriented population with a mix of multi-generational families and newer residents drawn by affordability. The age distribution is likely balanced, with a presence of both young families and older, retired homeowners who have aged in place.
The community character is one of quiet resilience and neighborly familiarity. It is a place where homes are well-kept, and long-term residents take pride in their properties. This creates a stable, low-turnover environment in many parts of the neighborhood. The cultural and social vibe is authentically Kentuckian, with values centered on family, practicality, and community. This stability, combined with its affordability, forms the core of Cedar Grove's identity within the dynamic growth of the greater Lexington area.
Real Estate Market Insights
For real estate professionals, Cedar Grove represents a critical market segment: attainable entry-level homeownership. Its median home value, significantly below the national and regional averages, makes it a bellwether for affordability in the Bluegrass region. The neighborhood offers a consistent inventory of starter homes, appealing to a essential buyer pool including first-time homebuyers utilizing FHA and VA loans, investors seeking buy-and-hold rental properties, and downsizers looking to maximize equity.
Current market dynamics are driven by high demand for affordable housing. Well-priced, turn-key listings often see swift sales, while properties in need of repair provide opportunities for investor flips or contractor specials. For sellers, it's a favorable market due to the limited supply of homes in this price bracket across the metro. However, appraisals can be a point of caution, as the low median value requires careful comparative analysis to support sales prices, especially for renovated properties.
Investment potential lies in the neighborhood's enduring role as an affordability anchor. Its proximity to major employment centers ensures steady rental demand. For the broader market, Cedar Grove's health is a key indicator of housing accessibility. A decline in inventory or a sharp rise in prices here signals increased pressure on the region's affordable housing stock, making it a neighborhood that real estate professionals must monitor to understand trends impacting first-time buyers and the overall market's bottom tier.
Cedar Grove Market Data
| Metric | Value | Source |
|---|---|---|
| Median Home Price | $100K | U.S. Census ACS 2022 |
| Median Gross Rent | $761/mo | U.S. Census ACS 2022 |
| Median Household Income | $36K | U.S. Census ACS 2022 |
| Homeownership Rate | 57.0% | U.S. Census ACS 2022 |
| Renter-Occupied | 43.0% | U.S. Census ACS 2022 |
| Rental Vacancy Rate | 5.4% | U.S. Census ACS 2022 |
| Market Type | Balanced | U.S. Census ACS 2022 |
| Primary ZIP Code | 42533 |
Top Real Estate Agents in Cedar Grove, Nicholasville
0 qualified agents currently meet our merit gate for Cedar Grove
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Agent verification for Cedar Grove is ongoing. Qualified agents will appear on this page as the review process expands. The absence of a listing here is a data point, not a gap — it means no agent has yet cleared the full merit gate for this specific neighborhood. Do not infer or fabricate agent names for Cedar Grove, Nicholasville, KY.
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 / Redfin — last updated 2026-04-18