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Rusty Underwood

Rusty Underwood
Real Estate Agent (Sales Associate)
Lexington KY

Sales Associate (KY: 217380)

14 years experience

REALTOR® 21 Active Listings Serves Fayette County, KY
View on Realtor.com

Contact Information

Brokerage
Christie's International Real Estate Bluegrass

Office Website
Office Address
3609 Walden Dr
Lexington, KY  40517
(Fayette County)
Office Phone
859-245-1179
Office Fax
Mobile
859-312-8747
Email
rust*****************@*****.com
Show Email for $5

About Rusty Underwood

With extensive expertise in the acquisition and sale of both residential and commercial properties, this real estate professional leads Christie's International Real Estate Bluegrass. His primary focus is to grasp clients' financial objectives and develop a comprehensive real estate strategy that aligns with their personal and financial aspirations. Collaborating with his wife, Rachel Underwood, a licensed Realtor, they are committed to providing insightful real estate guidance, innovative solutions, and meticulous execution. Their goal is to foster enduring relationships built on trust and exceptional service.

Fayette County, KY Real Estate Market Analysis (Single Family Homes)

$484,921
Avg. Listing Price
From Rusty's portfolio
3.7 / 2.8
Avg. Beds/Baths
Typical property size
2,372 sf
Avg. Square Footage
Interior living space
1019
Active Listings
Current inventory

Fayette County, Kentucky's real estate market represents one of the most dynamic and educationally-driven markets in the Bluegrass State. Home to the University of Kentucky and anchored by Lexington, the state's second-largest city, this market benefits from a unique combination of academic stability, equestrian culture, and growing tech sector employment. The county's economy has diversified significantly beyond its traditional agricultural roots, creating sustained housing demand across multiple price points and property types.

What makes Fayette County particularly compelling is its role as Kentucky's educational and healthcare hub, with major employers like UK HealthCare and numerous research institutions driving consistent population growth. The market currently supports 1,647 total actively licensed agents, with 1,647 agents maintaining email contact information, indicating a highly connected and professional real estate community. This robust agent network reflects the market's sophistication and the diverse needs of buyers ranging from university faculty to equestrian estate purchasers.

Major Fayette County, Kentucky Real Estate Markets

Lexington dominates Fayette County's real estate landscape as both the county seat and Kentucky's economic powerhouse outside of Louisville. The city's diverse neighborhoods range from historic districts like Ashland Park and Bell Court to modern developments in Hamburg and Beaumont Centre areas. Lexington's proximity to horse farms creates unique market dynamics, with properties in areas like Keeneland and along Versailles Road commanding premium prices due to their equestrian heritage and scenic value.

Beyond Lexington proper, Fayette County encompasses numerous unincorporated communities that contribute to the market's complexity. Areas like Masterson Station, Palomar, and Hartland offer suburban alternatives with excellent school access, while rural sections provide opportunities for larger properties and agricultural ventures. The county's compact 285-square-mile area means that location distinctions can significantly impact property values, with horse farm proximity, school district quality, and University of Kentucky accessibility serving as key pricing factors.

Market Dynamics and Geographic Complexity

Fayette County's real estate market exhibits surprising resilience due to its diverse economic base and the stabilizing influence of the University of Kentucky's 30,000+ students and thousands of employees. The market experiences less volatility than purely residential markets because of consistent academic calendar-driven rental demand and the presence of international buyers attracted to the area's world-renowned horse industry. Properties near campus maintain strong rental yields, while equestrian properties create a luxury niche that attracts global investors.

Geographic complexity arises from the county's unique urban-rural interface, where million-dollar horse farms exist minutes from university housing and suburban developments. This proximity creates distinct micro-markets with varying appreciation patterns, zoning considerations, and buyer demographics. The challenge for real estate professionals lies in understanding how agricultural preservation efforts, university expansion plans, and infrastructure development affect property values across these diverse geographic segments.

Why Businesses Need Fayette County, Kentucky Agent Contact Data

Service providers targeting Fayette County's real estate market require comprehensive agent contact data to navigate this educationally and agriculturally complex landscape effectively. With 1,647 active agents serving diverse clientele from first-time student buyers to international equestrian investors, businesses need direct access to communicate relevant services, market updates, and specialized offerings. The complete email coverage among licensed agents indicates a tech-savvy professional community receptive to digital marketing and communication strategies.

The county's unique combination of university-driven demand, luxury equestrian properties, and traditional residential markets creates opportunities for specialized service providers, from academic relocation services to agricultural property expertise. Businesses offering continuing education, marketing tools, or niche services like equestrian property valuation can leverage agent contact data to build relationships within specific market segments and establish themselves as resources for Fayette County's sophisticated real estate professional community.

Current Property Listings

As of 2/17/2026, Rusty Underwood has 21 properties for sale in Lexington and surrounding areas. These are the top 10 listings.

$1,600,000

Listed 2025-10-07

1674 Laurel Rd
London, KY  40744

Beds: 7.0
Baths: 5.5
Sq Ft: 9,696
Lot: 1,938,856 sf
Single Family Map
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$234,900

Listed 2025-12-03

1604 Magna Oak Dr
Lexington, KY  40515

Beds: 3.0
Baths: 1.0
Sq Ft: 1,107
Lot: 6,621 sf
Single Family Map
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$234,900

Listed 2025-12-03

1660 Brentmoor Dr
Lexington, KY  40515

Beds: 3.0
Baths: 1.0
Sq Ft: 1,107
Lot: 6,360 sf
Single Family Map
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$309,900

Listed 2025-12-01

799 Bennett Ave
Lexington, KY  40508

Beds: 4.0
Baths: 2.0
Sq Ft: 1,613
Lot: 6,970 sf
Multi Family Map
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$229,900

Listed 2026-02-05

3805 Rapid Run Dr
Lexington, KY  40517

Beds: 3.0
Baths: 1.0
Sq Ft: 1,141
Lot: 8,494 sf
Single Family Map
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$234,900

Listed 2026-02-06

3304 Fall Ct
Lexington, KY  40515

Beds: 3.0
Baths: 1.0
Sq Ft: 1,107
Lot: 5,053 sf
Single Family Map
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$649,900

Listed 2025-05-19

543 Laketower Dr Unit 140
Lexington, KY  40502

Beds: 4.0
Baths: 3.5
Sq Ft: 3,096
Lot: 5,223 sf
Townhomes Map
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$799,900

Listed 2025-07-10

210 Whispering Brook Dr
Nicholasville, KY  40356

Beds: 5.0
Baths: 4.0
Sq Ft: 4,445
Lot: 43,560 sf
Single Family Map
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$554,900

Listed 2026-01-15

622 Lillards Ferry Rd
Versailles, KY  40383

Beds: 3.0
Baths: 2.0
Sq Ft: 1,893
Lot: 65,340 sf
Single Family Map
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$255,000

Listed 2024-06-12

105 Pemberley Cove Ln
Georgetown, KY  40324

Beds:
Baths:
Sq Ft:
Lot: 218,018 sf
Land Map
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Current Property Rentals

Rusty Underwood currently has no rental properties available in Lexington and surrounding areas. Check back later.