Call or Text (240) SELL-123

MILLERSBURG, KY 40348

Real Estate Market Report  ·  Bourbon County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The MILLERSBURG, KY real estate market (40348) currently shows 5 active listings, with 2 pending sales. Homes are averaging 19 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 19 days on market compared to 18 days last year.

The median listing price has risen 29.6% year-over-year, from $215,000 to $278,700.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for MILLERSBURG, KY 40348 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 571  ·  Density: 361.2/mi²  ·  Median household income: $41,875

Typical home value: $124,671  ·  Homeownership: 40.9%

Market Overview

Active Listings
5
⇩ 16.7% vs 6 last year
Pending
2
40% pending ratio
Median Price
$278,700
⇧ 29.6% vs $215,000 last year
Average Price
$291,608
⇧ 22.1% vs $238,817 last year
Days on Market
19
⇧ 5.6% vs 18 days last year

Price Per Square Foot

Median $/sqft
$177
⇧ 47.5% vs $120/sqft last year
Median Home Size
1,639 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%
—
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 6 last year
  • Days on market: 19 now vs 18 last year

Median & Average Pricing

Year over Year
  • Median: $278,700 (+29.6% YoY)
  • Average: $291,608 (+22.1% 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 27.1 miles — 585 listings ($297,270,482 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40348Millersburg, KY 403480.0 mi2$304,950$152,475$152,475
40361Paris, KY 403618.0 mi71$23,700,155$295,000$333,805
40374Sharpsburg, KY 4037414.5 mi6$1,247,640$174,900$207,940
41039Ewing, KY 4103916.3 mi6$2,763,000$473,250$460,500
40516Lexington, KY 4051619.9 mi4$8,369,332$553,750$2,092,333
41055Mayslick, KY 4105521.1 mi1$54,775$54,775$54,775
40370Sadieville, KY 4037021.7 mi6$1,948,578$207,500$324,763
41044Germantown, KY 4104422.9 mi5$1,424,855$147,000$284,971
40391Winchester, KY 4039123.0 mi134$61,190,296$301,675$456,644
41041Flemingsburg, KY 4104124.0 mi17$4,853,721$189,375$285,513
40509Lexington, KY 4050924.5 mi186$100,873,194$511,175$542,329
40508Lexington, KY 4050826.0 mi58$16,616,942$243,500$286,499
40502Lexington, KY 4050227.1 mi89$73,923,044$603,475$830,596

Frequently Asked Questions

How many homes are for sale in MILLERSBURG, KY 40348?

As of September 2026, there are 5 active listings in MILLERSBURG, KY (zip code 40348), compared to 6 the prior year.

What is the median home price in MILLERSBURG, KY 40348?

The median listing price in MILLERSBURG, KY 40348 is $278,700 as of September 2026, a 29.6% increase from $215,000 the prior year.

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

Homes in MILLERSBURG, KY 40348 spend an average of 19 days on the market before going under contract, compared to 18 days the prior year.

Is it a seller's or buyer's market in MILLERSBURG, KY 40348?

Based on current inventory and days-on-market data as of September 2026, MILLERSBURG, KY 40348 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 19 days on market compared to 18 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MILLERSBURG, KY 40348 save an estimated $5,574 compared to a typical 5% commission on the median listing price of $278,700. 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.