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MILLERSBURG, KY 40348

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

Market Overview

Active Listings
3
⇧ 50% vs 2 last year
Pending
2
67% pending ratio
Median Price
$103,350
⇩ 30.6% vs $149,000 last year
Average Price
$103,350
⇩ 30.6% vs $149,000 last year
Days on Market
63
⇩ 7.4% vs 68 days last year

Market Context

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

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

Market Analysis

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

The MILLERSBURG, KY real estate market (40348) currently shows 3 active listings, with 2 pending sales. Homes are averaging 63 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 63 days on market compared to 68 days last year.

The median listing price has fallen 30.6% year-over-year, from $149,000 to $103,350.

Whether you are buying or selling in MILLERSBURG, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 2 last year
  • Days on market: 63 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $103,350 (-30.6% YoY)
  • Average: $103,350 (-30.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.1 miles — 707 listings ($327,702,383 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40348Millersburg, KY 403480.0 mi3$310,050$103,350$103,350
40361Paris, KY 403618.0 mi75$27,065,700$299,900$360,876
40357North Middletown, KY 4035711.1 mi0$0$199,000$199,000
41064Mount Olivet, KY 4106415.2 mi12$3,631,728$190,000$302,644
40353Mount Sterling, KY 4035319.6 mi83$34,634,572$285,000$417,284
41003Berry, KY 4100320.6 mi3$674,850$224,950$224,950
40511Lexington, KY 4051121.3 mi157$101,565,498$365,445$646,914
40324Georgetown, KY 4032422.2 mi247$105,989,676$405,850$429,108
40360Owingsville, KY 4036023.0 mi27$13,174,137$332,500$487,931
40505Lexington, KY 4050523.8 mi61$17,614,665$257,500$288,765
41004Brooksville, KY 4100424.5 mi8$1,891,680$160,000$236,460
40507Lexington, KY 4050726.0 mi11$14,947,427$970,000$1,358,857
41040Falmouth, KY 4104026.1 mi20$6,202,400$309,950$310,120

Frequently Asked Questions

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

As of January 2026, there are 3 active listings in MILLERSBURG, KY (zip code 40348), compared to 2 the prior year.

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

The median listing price in MILLERSBURG, KY 40348 is $103,350 as of January 2026, a 30.6% decrease from $149,000 the prior year.

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

Homes in MILLERSBURG, KY 40348 spend an average of 63 days on the market before going under contract, compared to 68 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 January 2026, MILLERSBURG, KY 40348 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 63 days on market compared to 68 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 $2,067 compared to a typical 5% commission on the median listing price of $103,350. 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.