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MIDWAY, KY 40347

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The MIDWAY, KY real estate market (40347) currently shows 14 active listings, with 4 pending sales. Homes are averaging 121 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 121 days on market compared to 64 days last year.

The median listing price has fallen 0.3% year-over-year, from $875,000 to $872,000.

Whether you are buying or selling in MIDWAY, KY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 3,828  ·  Density: 36.4/mi²  ·  Median household income: $100,787

Typical home value: $348,413  ·  Homeownership: 75.4%

Market Overview

Active Listings
14
⇧ 75% vs 8 last year
Pending
4
29% pending ratio
Median Price
$872,000
⇩ 0.3% vs $875,000 last year
Average Price
$1,092,890
⇩ 9.2% vs $1,204,114 last year
Days on Market
121
⇧ 89.1% vs 64 days last year

Price Per Square Foot

Median $/sqft
$268
⇧ 21.3% vs $221/sqft last year
Median Home Size
2,432 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 14 this year vs 8 last year
  • Days on market: 121 now vs 64 last year

Median & Average Pricing

Year over Year
  • Median: $872,000 (-0.3% YoY)
  • Average: $1,092,890 (-9.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.2 miles — 779 listings ($487,126,639 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40347Midway, KY 403470.0 mi12$14,116,524$967,250$1,176,377
40383Versailles, KY 4038310.3 mi109$68,859,224$552,975$631,736
40379Stamping Ground, KY 4037910.5 mi4$2,249,300$625,000$562,325
40513Lexington, KY 4051311.5 mi36$23,078,052$629,000$641,057
40511Lexington, KY 4051113.4 mi158$102,838,724$377,500$650,878
40507Lexington, KY 4050714.4 mi8$9,851,904$665,750$1,231,488
40514Lexington, KY 4051414.8 mi31$12,260,407$357,500$395,497
40502Lexington, KY 4050216.3 mi89$73,923,044$603,475$830,596
40342Lawrenceburg, KY 4034217.9 mi111$43,633,656$326,200$393,096
40370Sadieville, KY 4037019.3 mi6$1,948,578$207,500$324,763
40516Lexington, KY 4051620.1 mi4$8,369,332$553,750$2,092,333
40390Wilmore, KY 4039021.2 mi25$25,124,700$1,331,250$1,004,988
40509Lexington, KY 4050922.2 mi186$100,873,194$511,175$542,329

Frequently Asked Questions

How many homes are for sale in MIDWAY, KY 40347?

As of March 2026, there are 14 active listings in MIDWAY, KY (zip code 40347), compared to 8 the prior year.

What is the median home price in MIDWAY, KY 40347?

The median listing price in MIDWAY, KY 40347 is $872,000 as of March 2026, a 0.3% decrease from $875,000 the prior year.

How long do homes stay on the market in MIDWAY, KY?

Homes in MIDWAY, KY 40347 spend an average of 121 days on the market before going under contract, compared to 64 days the prior year.

Is it a seller's or buyer's market in MIDWAY, KY 40347?

Based on current inventory and days-on-market data as of March 2026, MIDWAY, KY 40347 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 121 days on market compared to 64 days last year.

How much can I save on real estate commission in MIDWAY, KY?

With SELL123.com's maximum 3% commission, sellers in MIDWAY, KY 40347 save an estimated $17,440 compared to a typical 5% commission on the median listing price of $872,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.