Monterey is an established, high-end residential neighborhood in Elizabethtown, Hardin County, Kentucky, located off New Glendale Road (KY-1186) and Colyers Lane. The community features spacious homes with a median estimated property value of $513,250—substantially higher than county and state averages—and enjoys a 100% homeownership rate. Homes in Monterey are moderately built with a median age of 17 years. Home to approximately 1,000 residents, the neighborhood has experienced strong growth with a 9.7% population increase since 2020 and a mature demographic profile, reflected in a median age of 46 and a high school/middle school student concentration. Households boast a standout median income of $132,813 with an income per capita of $48,410.
Latest Market Update
Market activity in the Monterey neighborhood of Elizabethtown, Kentucky, remained stable through mid-2026, with a median estimated property value reaching $513,250—up 4.14% month-over-month despite a flat 12-month trajectory (-0.34%). Over a recent three-month window, the neighborhood saw two completed home sales representing a combined volume of $1,032,900, with a median sold price of $516,450 ($163 per square foot). Closed transactions included a 3-bedroom, 2,801-square-foot home at 100 Gammon Ct that sold for $482,900 ($172/sq. ft.) in June, and a 4-bedroom, 3,559-square-foot home at 106 Dartmore Ct on 1.1 acres that closed for $550,000 ($155/sq. ft.) in August.