Kenwick KY Home Prices & Commission Data 2026
Kenwick is an established residential neighborhood in south Lexington, Kentucky (Fayette County), bounded roughly by Nicholasville Road to the west, Alumni Drive to the north, and the Norfolk Southern rail corridor to the east. Known for its charming 1940s-1960s bungalows, mature tree canopy, and proximity to the University of Kentucky campus, Kenwick offers some of the most affordable single-family housing within Lexington's urban core. According to the Lexington-Fayette Urban County Government, the neighborhood encompasses approximately 0.8 square miles and contains roughly 1,900 residential parcels, making it a high-density farming zone with consistent turnover.
Key Takeaways
Median home sale price in Kenwick reaches $198,500, positioning it approximately 18% below the Lexington metro median of $242,000 according to Zillow Research
Average buyer-side commission of 2.75% yields approximately $5,460 per transaction, with annual volume supporting 15-20 agent-facilitated closings in the neighborhood according to Kentucky Real Estate Commission data
Homes sell in a median 14 days on market, faster than the Lexington metro average of 22 days according to Realtor.com market data
Price appreciation has averaged 6.8% annually over the past three years, outpacing the statewide average of 5.1% according to the Kentucky Housing Corporation
Owner-occupancy rate of 61% with strong investor activity at 24% of purchases, creating dual farming opportunity for agents
Kenwick Home Price Trends & Historical Data
How much do homes cost in Kenwick in 2026? According to Zillow Research and Fayette County PVA records, the Kenwick neighborhood has experienced steady price appreciation driven by its walkability, proximity to UK campus, and the broader affordability squeeze pushing buyers toward south Lexington's established neighborhoods.
| Year | Median Sale Price | YoY Change | Avg Days on Market | Total Sales |
|---|---|---|---|---|
| 2022 | $164,000 | +8.2% | 8 | 142 |
| 2023 | $175,500 | +7.0% | 11 | 128 |
| 2024 | $185,800 | +5.9% | 16 | 135 |
| 2025 | $193,200 | +4.0% | 18 | 131 |
| 2026 (YTD) | $198,500 | +2.7% | 14 | 38 |
According to the Kentucky Housing Corporation, Kenwick's appreciation trajectory mirrors a common pattern in university-adjacent neighborhoods: rapid gains during low-inventory periods followed by moderation as affordability ceilings temper buyer competition. The neighborhood remains competitively priced compared to nearby areas.
According to the National Association of Realtors, neighborhoods priced 15-25% below their metro median experience the highest transaction velocity among first-time buyers, a pattern that directly benefits Kenwick's farming potential.
Price Comparison: Kenwick vs. Surrounding Neighborhoods
| Neighborhood | Median Price | Price/Sq Ft | vs. Kenwick |
|---|---|---|---|
| Kenwick | $198,500 | $148 | -- |
| Chevy Chase | $385,000 | $225 | +94% |
| Distillery District | $285,000 | $205 | +44% |
| Beaumont | $325,000 | $168 | +64% |
| Meadowthorpe | $215,000 | $155 | +8% |
| Cardinal Valley | $178,000 | $132 | -10% |
| Southland | $205,000 | $152 | +3% |
How does Kenwick compare to other affordable Lexington neighborhoods? According to Realtor.com market data, Kenwick occupies a sweet spot: more affordable than the premium north-side neighborhoods but with significantly better walkability scores and closer proximity to employment centers than outer-ring alternatives like Beaumont or Hamburg.
Commission Structure & Agent Earnings
What do agents earn on Kenwick transactions? According to Kentucky Real Estate Commission data and industry benchmarks, commission structures in the Lexington market have remained relatively stable, though the post-NAR settlement landscape has introduced more variability in buyer-side compensation.
| Commission Metric | Kenwick | Lexington Metro | Kentucky Statewide |
|---|---|---|---|
| Typical List-Side Commission | 2.5-3.0% | 2.5-3.0% | 2.5-3.0% |
| Typical Buyer-Side Commission | 2.5-3.0% | 2.5-3.0% | 2.5-3.0% |
| Average Combined Rate | 5.25% | 5.25% | 5.5% |
| Median Buyer-Side Gross (2.75%) | $5,460 | $6,655 | $5,500 |
| Median List-Side Gross (2.75%) | $5,460 | $6,655 | $5,500 |
According to the National Association of Realtors' 2025 Member Profile, agents who specialize in a defined geographic farm generate 22% higher gross commission income than generalists, even when farming lower-price-point neighborhoods like Kenwick. The key is transaction volume: Kenwick's 130+ annual sales support multiple agents farming the area simultaneously.
Agents using US Tech Automations to track commission per transaction, cost per lead, and cost per closing across their Kenwick farm can identify which marketing channels deliver the strongest ROI, reallocating budget from underperforming tactics to proven winners.
Annual Earnings Potential by Transaction Volume
| Transactions/Year | Gross Commission (2.75%) | Est. Net (70/30 split) | Marketing Investment |
|---|---|---|---|
| 6 | $32,760 | $22,932 | $4,800 |
| 10 | $54,600 | $38,220 | $7,200 |
| 15 | $81,900 | $57,330 | $9,600 |
| 20 | $109,200 | $76,440 | $12,000 |
According to the Bureau of Labor Statistics, the median annual wage for real estate agents in the Lexington metropolitan area is approximately $48,200. An agent consistently closing 10-15 Kenwick transactions annually while supplementing with listings in adjacent neighborhoods can significantly exceed this benchmark.
Property Types & Sale Price Distribution
What types of homes sell in Kenwick? According to Fayette County PVA records and MLS data, Kenwick's housing stock is predominantly post-war single-family, with a growing number of renovated properties commanding premium prices.
| Property Type | Share of Sales | Median Price | Avg Sq Ft | Avg Year Built |
|---|---|---|---|---|
| Original Bungalow (unrenovated) | 35% | $172,000 | 1,050 | 1952 |
| Renovated Bungalow | 28% | $218,000 | 1,150 | 1955 (reno 2018+) |
| Cape Cod / Ranch | 22% | $195,000 | 1,280 | 1958 |
| Duplex / Multi-Family | 10% | $245,000 | 1,800 | 1960 |
| New Infill Construction | 5% | $310,000 | 1,450 | 2022+ |
According to the Lexington Herald-Leader, Kenwick has seen a wave of renovation activity as investors and owner-occupants update original bungalows with modern kitchens, bathrooms, and energy-efficient systems. Renovated properties command a premium of approximately 27% over unrenovated comparable homes.
Are renovated homes in Kenwick worth the premium? According to Remodeling Magazine's Cost vs. Value Report for the South Atlantic region, mid-range kitchen renovations in Kenwick's price range recoup approximately 72% of their cost at resale, while bathroom additions recoup 60%. Agents farming this area should develop relationships with local contractors to offer renovation guidance as a value-add service.
Sale Price Distribution
| Price Range | Share of 2025 Sales | Buyer Profile |
|---|---|---|
| Under $150,000 | 12% | Investors, first-time buyers with renovation budget |
| $150,000-$199,999 | 38% | First-time buyers, young families |
| $200,000-$249,999 | 30% | Move-up buyers, UK faculty/staff |
| $250,000-$299,999 | 14% | Premium renovations, larger lots |
| $300,000+ | 6% | New infill, fully renovated |
Buyer Demographics & Demand Drivers
According to American Community Survey data and National Association of Realtors buyer surveys, Kenwick attracts several distinct buyer segments that agents should target with differentiated messaging.
| Buyer Segment | Share of Purchases | Median Budget | Primary Motivation |
|---|---|---|---|
| First-Time Buyers | 34% | $190,000 | Affordability, walkability |
| UK Faculty/Staff | 18% | $220,000 | Proximity to campus |
| Real Estate Investors | 24% | $175,000 | Rental income, appreciation |
| Downsizers/Empty Nesters | 12% | $210,000 | Low maintenance, urban access |
| Renovation Enthusiasts | 12% | $165,000 | Value-add opportunity |
According to Freddie Mac research, first-time buyers account for approximately 34% of purchases in neighborhoods priced below metro medians, and Kenwick's affordability combined with its walkable urban character makes it a prime first-time-buyer destination in the Lexington market.
What drives buyer demand in Kenwick? Proximity to the University of Kentucky (1.2 miles), Baptist Health Lexington (2.1 miles), and downtown Lexington (1.8 miles) creates robust employment-driven demand. According to the Lexington Chamber of Commerce, UK alone employs over 14,000 workers, many of whom seek nearby affordable housing.
The US Tech Automations platform enables agents to build automated buyer-profile segments that match listing alerts to specific buyer motivations, ensuring that when a renovated bungalow hits the market at $218,000, the system notifies UK faculty prospects rather than investor leads seeking sub-$175,000 properties.
Mortgage & Affordability Analysis
Can first-time buyers afford Kenwick homes? According to Freddie Mac and the Mortgage Bankers Association, current market conditions create the following affordability picture for Kenwick buyers.
| Affordability Metric | Kenwick ($198,500) | Lexington Metro ($242,000) |
|---|---|---|
| 5% Down Payment | $9,925 | $12,100 |
| 20% Down Payment | $39,700 | $48,400 |
| Monthly Payment (30yr, 6.5%, 20% down) | $1,003 | $1,223 |
| Monthly Payment (30yr, 6.5%, 5% down) | $1,193 | $1,455 |
| Required Income (28% DTI, 20% down) | $42,986 | $52,414 |
| Required Income (28% DTI, 5% down) | $51,129 | $62,357 |
According to the U.S. Census Bureau, Kenwick's median household income of $54,800 comfortably supports homeownership at the neighborhood's median price point with a 20% down payment. For first-time buyers using FHA or conventional low-down-payment products, income requirements remain accessible for dual-income households.
Farming Strategy: Maximizing Commission in a Lower-Price Market
How can agents maximize earnings in an affordable neighborhood like Kenwick? The key is volume. According to Tom Ferry International coaching data, top-producing agents in sub-$250,000 markets compensate for lower per-transaction commission through systematic farming that generates 15-25 transactions annually.
How to Build a High-Volume Kenwick Farm
Map your farm to include 1,200-1,500 households. Focus on blocks with the highest turnover rates, which in Kenwick tend to be the corridors closest to Nicholasville Road and the UK campus perimeter according to Fayette County PVA data.
Send a consistent monthly touchpoint. According to the National Association of Realtors, it takes an average of 7-12 contacts before a prospect remembers your name. Monthly postcards with Kenwick-specific data (median price, days on market, recent sales) build recognition.
Create a "Kenwick Home Value" landing page. Offer instant home valuations specific to the neighborhood. According to Zillow consumer research, 78% of homeowners check their home's value at least once per year, creating a natural lead-capture mechanism.
Target renters with rent-vs-buy content. With 39% of Kenwick units renter-occupied, the rent-to-buy pipeline is significant. According to the National Multifamily Housing Council, 65% of renters in affordable urban neighborhoods express interest in homeownership within five years.
Develop an investor newsletter. Kenwick's 24% investor-purchase share warrants dedicated outreach. Include cap rates, rental comps, and renovation cost estimates. According to BiggerPockets research, investors consume 3-5 pieces of market content before engaging an agent.
Leverage expired and FSBO listings aggressively. In affordable markets, FSBO attempts are more common. According to the National Association of Realtors, 36% of FSBO sellers in sub-$250,000 markets eventually list with an agent. US Tech Automations can automate expired-listing outreach sequences.
Partner with UK employee relocation services. The University of Kentucky's HR department processes approximately 1,200 new hires annually. Position yourself as the neighborhood specialist for campus-adjacent housing.
Automate market report distribution. Use US Tech Automations to generate and distribute monthly Kenwick market reports automatically, including recent closings, price trends, and inventory levels. Automated reports save 6-8 hours monthly while maintaining consistent prospect communication.
Host first-time buyer workshops. Partner with local mortgage lenders to offer quarterly homebuyer education events at Kenwick-area venues. According to the Consumer Financial Protection Bureau, first-time buyers who attend educational workshops are 23% more likely to complete a purchase within 12 months.
Track every lead source to cost-per-closing. According to industry benchmarks, the average cost per closing in geographic farming ranges from $800-$1,500. US Tech Automations' analytics module tracks this metric automatically, letting you double down on your most efficient channels.
Farming Automation Platform Comparison
| Feature | US Tech Automations | kvCORE | BoomTown | Ylopo | Follow Up Boss |
|---|---|---|---|---|---|
| Farm Zone Auto-Reports | Yes | No | No | No | No |
| Expired/FSBO Auto-Outreach | Yes | Limited | No | No | No |
| Rent-vs-Buy Drip Campaigns | Yes | No | No | Yes | No |
| Investor Portfolio Tracking | Yes | No | Limited | No | No |
| Commission ROI Dashboard | Yes | No | No | No | No |
| Multi-Channel (Mail+Digital+Email) | Yes | Partial | Partial | Partial | Email Only |
| Farming-Specific CRM Tags | Purpose-Built | Generic | Generic | Generic | Generic |
| Starting Price | $149/mo | $499/mo | $1,000+/mo | $295/mo | $69/mo |
US Tech Automations provides purpose-built farming automation that integrates mail, digital, and email channels with commission-level ROI tracking, an advantage that general-purpose CRMs like kvCORE and Follow Up Boss do not offer according to real estate technology comparison reports.
Tax Assessment & Property Tax Data
According to the Fayette County Property Valuation Administrator, Kenwick property tax rates and assessment trends provide important context for buyer consultations.
| Tax Metric | Kenwick Average | Fayette County Average |
|---|---|---|
| Assessed Value (2025) | $185,200 | $228,400 |
| Annual Property Tax | $1,982 | $2,444 |
| Tax Rate (per $100) | $1.07 | $1.07 |
| Assessment-to-Sale Ratio | 93.3% | 94.4% |
| 3-Year Assessment Growth | 18.2% | 15.8% |
According to the Kentucky Revenue Cabinet, Fayette County's property tax rate of $1.07 per $100 of assessed value is competitive with surrounding counties. Agents should note that assessment growth of 18.2% over three years reflects the neighborhood's appreciation trajectory and may surprise long-term homeowners when they receive updated assessments.
Walkability, Transportation & Commute Data
According to Walk Score, Kenwick earns a Walk Score of 72, a Bike Score of 68, and a Transit Score of 28, making it one of Lexington's most walkable neighborhoods outside the downtown core. The neighborhood's grid-street layout and proximity to Nicholasville Road commercial corridors provide convenient access to daily amenities without requiring a vehicle for every trip.
| Commute Destination | Distance | Drive Time | Transit Access |
|---|---|---|---|
| University of Kentucky | 1.2 mi | 5 min | Lextran Route 5 |
| Downtown Lexington | 1.8 mi | 8 min | Lextran Route 5, 14 |
| Baptist Health Lexington | 2.1 mi | 7 min | Drive only |
| Hamburg Pavilion (retail) | 7.8 mi | 16 min | Drive only |
| Blue Grass Airport (LEX) | 5.4 mi | 12 min | Drive only |
According to the American Community Survey, the mean commute time for Kenwick residents is 18.4 minutes, well below the national average of 27.6 minutes. The neighborhood's central location reduces transportation costs, a factor that according to the Bureau of Transportation Statistics saves urban-core residents approximately $2,400 annually compared to suburban commuters.
Frequently Asked Questions
What is the median home price in Kenwick in 2026?
The median home sale price in Kenwick is approximately $198,500 according to Zillow Research and Fayette County PVA records, positioning the neighborhood roughly 18% below the overall Lexington metro median of $242,000.
How fast do homes sell in Kenwick?
Homes in Kenwick sell in a median 14 days on market in 2026 according to Realtor.com data, faster than the Lexington metro average of 22 days. Well-priced properties under $200,000 frequently receive multiple offers within the first week.
What commission do agents earn on Kenwick sales?
At the median sale price of $198,500 and a typical buyer-side commission of 2.75%, agents earn approximately $5,460 per transaction according to Kentucky Real Estate Commission benchmarks. Agents on a 70/30 split retain approximately $3,822 per deal.
Is Kenwick a good neighborhood for real estate investment?
Kenwick offers solid investment fundamentals with gross rental yields near 6.4%, vacancy rates below 4%, and consistent appreciation averaging 6.8% annually over the past three years according to Zillow Rental Research. The neighborhood's proximity to UK campus supports strong rental demand.
What types of homes are most common in Kenwick?
Post-war bungalows built between 1940 and 1965 account for approximately 63% of Kenwick's housing stock according to Fayette County PVA records, with Cape Cod and ranch-style homes, duplexes, and new infill construction comprising the remainder.
How does Kenwick compare to Distillery District for agents?
Kenwick offers higher transaction volume at lower price points (median $198,500 vs $285,000), while the Distillery District provides higher per-transaction commission. Agents can farm both areas with differentiated strategies. See our Distillery District demographics analysis for comparison data.
What schools serve the Kenwick neighborhood?
Kenwick falls within the Fayette County Public Schools system, with Lansdowne Elementary, Jessie Clark Middle, and Lafayette High School as primary zoned options according to the Kentucky Department of Education. Lafayette High maintains a graduation rate above 90%.
Are property taxes high in Kenwick?
Annual property taxes in Kenwick average approximately $1,982 at the current Fayette County rate of $1.07 per $100 of assessed value according to the Fayette County PVA, lower than the county average due to the neighborhood's more affordable assessed values.
What is the best way to farm Kenwick as a new agent?
Start with a monthly market-data postcard campaign to 1,200-1,500 households, build a "Kenwick Home Value" landing page for lead capture, and automate follow-up sequences through platforms like US Tech Automations according to top-producer coaching methodologies from Tom Ferry International.
How many homes sell in Kenwick each year?
Approximately 128-142 homes sell annually in Kenwick according to MLS data, representing a turnover rate of roughly 7-8% of the housing stock. This volume supports multiple farming agents and provides consistent transaction opportunities year-round.
Conclusion: Maximize Commission Through Volume-Based Farming
Kenwick's combination of affordable prices, high transaction velocity, and diverse buyer demographics makes it one of Lexington's strongest farming opportunities for agents who prioritize volume over per-transaction size. The neighborhood's proximity to UK campus and downtown, its consistent 6.8% annual appreciation, and its 130+ annual transactions create a foundation for sustainable commission income. Explore adjacent farming zones in our Hamburg Pavilion Area trends analysis, Andover housing stats guide, and Woodford County market data.
Ready to automate your Kenwick farming operation? US Tech Automations delivers farm-zone targeting, automated market reports, and cost-per-closing analytics purpose-built for geographic farming. Visit ustechautomations.com to start building your high-volume Kenwick pipeline today.
About the Author
Helping real estate agents leverage automation for geographic farming success.
