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Featured local agent — Nicholasville, KY
Sarah Mitchell
Compass Real Estate · Nicholasville, KY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Nicholasville, KY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$330,000median sale price
How is the Nicholasville, KY housing market right now?
The median home sale price in Nicholasville, KY is $330,000, up 4.1% year-over-year. Homes sell in an average of 59 days with 124 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Nicholasville a buyer's or seller's market?
Nicholasville, KY is currently a balanced market, based on 2.3 months of supply and homes selling in about 59 days. How we determine this →
Homes sold
53
Last 12 weeks
Days on market
59
Average pace
Active listings
124
2.3 months supply
Sale-to-list
98.6%
Below asking
What does the Nicholasville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $330,000 |
| Median list price | $352,000 |
| Year-over-year price change | +4.1% |
| Average days on market | 59 days |
| Active inventory | 124 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 98.6% |
| Median price per sq ft | $195/sq ft |
| Homes sold (latest month) | 53 |
| New listings (latest month) | 46 |
| Listings with a price cut | 27.4% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Nicholasville by property type?
How the Nicholasville, KY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $339,900 | $195/sq ft | 47 | 59 days |
| Condo / Co-op | $285,000 | $213/sq ft | 5 | 29 days |
| Townhouse | $199,000 | $140/sq ft | 1 | 61 days |
Source: Redfin · Updated monthly
The Nicholasville housing market is currently classified as a balanced market with a median sale price of $330,000. Prices have risen 4.1% compared to last year, with homes spending an average of 59 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.8x provides context for how home values compare to local earning capacity.
Homes for sale in Nicholasville
There are currently 124 homes listed for sale in Nicholasville, Kentucky. The median listing price is $352K.
Active listings
124
Homes on market
Median list price
$352K
Avg. days on market
59
Days until sale
New this week
46
Newly listed
Who lives in Nicholasville?
Population
31,625
Median income
$67,514/yr
Median age
38.2 years
Owner-occupied
62.8%
College grads
27.0%
Avg commute
24.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Nicholasville?
Zillow home value
$327,265
Zillow rent index
$1,546/mo
Price-to-rent ratio
17.6x
Price-to-income
4.8x
Source: Zillow Research
What is it like to live in Nicholasville?
Nicholasville is a community of approximately 32K residents with a median age of 38.2 years.The median household income is $67,514, which represents a working-class community with solid middle-income opportunities. 27.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 62.8%, showing a blend of owner and renter-occupied properties. The average commute time is 24.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Nicholasville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Nicholasville?
12 schools tracked · 7,778 students
The largest public schools serving Nicholasville, KY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
West Jessamine High School
Grades 9-12 · 1,349 students
East Jessamine High School
Grades 9-12 · 1,214 students
West Jessamine Middle School
Grades 6-8 · 882 students
East Jessamine Middle School
Grades 6-8 · 872 students
Jessamine Early Learning Village
Grades PK-K · 833 students
Hattie C. Warner Elementary School
Grades 1-5 · 559 students
Brookside Elementary School
Grades 1-5 · 536 students
Rosenwald Dunbar Elementary School
Grades 1-5 · 535 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Nicholasville, KY?
Want a head-to-head view? Compare Nicholasville side-by-side with any other U.S. city using our market-comparison tool.
Is Nicholasville a good real estate investment market?
For investors evaluating Nicholasville, the price-to-rent ratio of 17.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 4.1% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Nicholasville's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Nicholasville's median home price.
Frequently asked questions
What is the average home price in Nicholasville?
The median home sale price in Nicholasville is $330,000, up 4.1% from last year.
How long do homes stay on market in Nicholasville?
Homes typically spend 59 days on market before going under contract.
What is the median income in Nicholasville?
The median household income is $67,514 per year.
Is Nicholasville a buyer's or seller's market?
With 2.3 months of supply, Nicholasville is currently a balanced market.
What is the Zillow home value estimate for Nicholasville?
The Zillow Home Value Index (ZHVI) for Nicholasville is $327,265, representing the typical home value in the area.
What is the median condo price in Nicholasville?
The median condo/co-op sale price in Nicholasville, KY is $285,000, compared to $339,900 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Nicholasville?
The median single-family home price in Nicholasville, KY is $339,900 (about $195 per square foot).
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