Is Nicholasville, KY 40356 a buyer’s or seller’s market?
Nicholasville is a seller’s market. With about 2.5 months of supply and 24% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 53% of U.S. ZIP codes, and #54 of 160 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Nicholasville housing market right now
In the three months ending August 31, 2026, 24% of homes in Nicholasville, KY 40356 sold above their list price, the typical home went under contract in 51 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 221 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 21%, homes sold more slowly (41 days then) and the median sale price rose 10% to $369,290. Overall, Nicholasville is about as competitive as it was a year ago.
On our competition score, Nicholasville ranks #54 of 160 KY ZIP codes with enough sales (score 52 out of 100).
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Questions about Nicholasville real estate
Is Nicholasville a buyer’s or seller’s market?
A seller’s market: there were 2.5 months of supply in Nicholasville, KY 40356 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Nicholasville?
The typical home went under contract in 51 days in the latest three months.
Do homes in Nicholasville sell over asking?
24% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.
What are property taxes in Nicholasville?
About 0.73% of a home’s value a year in Jessamine County, or roughly $2,920 on a $400,000 home.
What is the median home price in Nicholasville?
The median sale price was $369,290 in the three months ending August 31, 2026, about $192 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology