Is Versailles, KY 40383 a buyer’s or seller’s market?
Versailles is a seller’s market. With about 2.3 months of supply and 22% 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 55% of U.S. ZIP codes, and #46 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 Versailles housing market right now
In the three months ending August 31, 2026, 22% of homes in Versailles, KY 40383 sold above their list price, the typical home went under contract in 45 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 105 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold more slowly (40 days then) and the median sale price rose 5% to $399,327. Overall, Versailles is more competitive than a year ago, so tougher for buyers.
On our competition score, Versailles ranks #46 of 160 KY ZIP codes with enough sales (score 54 out of 100).
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Questions about Versailles real estate
Is Versailles a buyer’s or seller’s market?
A seller’s market: there were 2.3 months of supply in Versailles, KY 40383 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 Versailles?
The typical home went under contract in 45 days in the latest three months.
Do homes in Versailles sell over asking?
22% of homes sold above their original list price, and the typical sale closed at 98.9% of the list price.
What are property taxes in Versailles?
About 0.70% of a home’s value a year in Woodford County, or roughly $2,800 on a $400,000 home.
What is the median home price in Versailles?
The median sale price was $399,327 in the three months ending August 31, 2026, about $186 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