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Featured local agent — Versailles, KY
Sarah Mitchell
Compass Real Estate · Versailles, KY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Versailles, KY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$390,000median sale price
How is the Versailles, KY housing market right now?
The median home sale price in Versailles, KY is $390,000, down 10.5% year-over-year. Homes sell in an average of 24 days with 42 active listings. The market is currently a seller's 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 Versailles a buyer's or seller's market?
Versailles, KY is currently a seller's market, based on 3.5 months of supply and homes selling in about 24 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
24
Average pace
Active listings
42
3.5 months supply
Sale-to-list
100.1%
Above asking
What does the Versailles housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $390,000 |
| Median list price | $304,750 |
| Year-over-year price change | -10.5% |
| Average days on market | 24 days |
| Active inventory | 42 listings |
| Months of supply | 3.5 months |
| Sale-to-list price ratio | 100.1% |
| Median price per sq ft | $179/sq ft |
| Homes sold (latest month) | 12 |
| New listings (latest month) | 18 |
| Listings with a price cut | 28.6% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Versailles by property type?
How the Versailles, 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 | $390,000 | $179/sq ft | 12 | 24 days |
| Condo / Co-op | $374,800 | $175/sq ft | 1 | 207 days |
| Townhouse | $299,000 | $159/sq ft | 1 | 314 days |
Source: Redfin · Updated monthly
The Versailles housing market is currently classified as a seller's market with a median sale price of $390,000. Prices have fallen 10.5% compared to last year, with homes spending an average of 24 days on market, indicating 3.5 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 6.1x provides context for how home values compare to local earning capacity.
Homes for sale in Versailles
There are currently 42 homes listed for sale in Versailles, Kentucky. The median listing price is $305K.
Active listings
42
Homes on market
Median list price
$305K
Avg. days on market
24
Days until sale
New this week
18
Newly listed
Who lives in Versailles?
Population
10,382
Median income
$58,834/yr
Median age
39 years
Owner-occupied
60.8%
College grads
36.2%
Avg commute
24.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Versailles?
Zillow home value
$360,177
Zillow rent index
$1,650/mo
Price-to-rent ratio
18.2x
Price-to-income
6.1x
Source: Zillow Research
What is it like to live in Versailles?
Versailles is a community of approximately 10K residents with a median age of 39 years.The median household income is $58,834, which represents a working-class community with solid middle-income opportunities. 36.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 60.8%, showing a blend of owner and renter-occupied properties. The average commute time is 24.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Versailles offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Versailles?
6 schools tracked · 3,638 students
The largest public schools serving Versailles, 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.
Woodford County High School
Grades 9-12 · 1,298 students
Woodford County Middle School
Grades 6-8 · 864 students
Southside Elementary School
Grades PK-5 · 593 students
Huntertown Elementary School
Grades PK-5 · 447 students
Simmons Elementary School
Grades PK-5 · 404 students
Safe Harbor Academy
Grades 6-12 · 32 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 Versailles, KY?
Want a head-to-head view? Compare Versailles side-by-side with any other U.S. city using our market-comparison tool.
Is Versailles a good real estate investment market?
For investors evaluating Versailles, the price-to-rent ratio of 18.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 10.5% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Versailles's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Versailles's median home price.
Frequently asked questions
What is the average home price in Versailles?
The median home sale price in Versailles is $390,000, down 10.5% from last year.
How long do homes stay on market in Versailles?
Homes typically spend 24 days on market before going under contract.
What is the median income in Versailles?
The median household income is $58,834 per year.
Is Versailles a buyer's or seller's market?
With 3.5 months of supply, Versailles is currently a seller's market.
What is the Zillow home value estimate for Versailles?
The Zillow Home Value Index (ZHVI) for Versailles is $360,177, representing the typical home value in the area.
What is the median condo price in Versailles?
The median condo/co-op sale price in Versailles, KY is $374,800, compared to $390,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Versailles?
The median single-family home price in Versailles, KY is $390,000 (about $179 per square foot).
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