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NICHOLASVILLE, KY 40356

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

Market Overview

Active Listings
287
⇧ 60.3% vs 179 last year
Pending
134
47% pending ratio
Median Price
$419,900
⇩ 9.3% vs $462,751 last year
Average Price
$550,051
⇧ 0.5% vs $547,204 last year
Days on Market
78
⇩ 1.3% vs 79 days last year

Market Context

Population: 44,299  ·  Density: 122.6/mi²  ·  Median household income: $69,954

Typical home value: $226,319  ·  Homeownership: 69.8%

Market Analysis

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

The NICHOLASVILLE, KY real estate market (40356) currently shows 287 active listings, with 134 pending sales. Homes are averaging 78 days on the market before going under contract.

Inventory has increased compared to last year, with 108 more homes available — giving buyers more choice.

Homes are selling faster, averaging 78 days on market compared to 79 days last year.

The median listing price has fallen 9.3% year-over-year, from $462,751 to $419,900.

Whether you are buying or selling in NICHOLASVILLE, 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: 287 this year vs 179 last year
  • Days on market: 78 now vs 79 last year

Median & Average Pricing

Year over Year
  • Median: $419,900 (-9.3% YoY)
  • Average: $550,051 (+0.5% 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 23.9 miles — 1,169 listings ($571,924,293 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40356Nicholasville, KY 403560.0 mi287$157,864,637$419,900$550,051
40514Lexington, KY 405147.6 mi36$14,128,128$367,500$392,448
40515Lexington, KY 405158.8 mi117$75,894,858$583,331$648,674
40513Lexington, KY 4051310.1 mi41$26,103,634$609,900$636,674
40504Lexington, KY 4050411.7 mi48$23,271,456$297,450$484,822
40508Lexington, KY 4050812.7 mi47$13,177,484$235,000$280,372
40444Lancaster, KY 4044413.5 mi68$32,153,732$362,500$472,849
40510Lexington, KY 4051013.9 mi2$3,798,900$1,899,450$1,899,450
40475Richmond, KY 4047516.0 mi268$117,753,572$353,900$439,379
40372Salvisa, KY 4037217.6 mi5$2,283,750$464,000$456,750
40330Harrodsburg, KY 4033018.7 mi98$33,231,310$288,250$339,095
40461Paint Lick, KY 4046121.4 mi11$5,683,337$424,900$516,667
40391Winchester, KY 4039123.9 mi141$66,579,495$335,000$472,195

Frequently Asked Questions

How many homes are for sale in NICHOLASVILLE, KY 40356?

As of January 2026, there are 287 active listings in NICHOLASVILLE, KY (zip code 40356), compared to 179 the prior year.

What is the median home price in NICHOLASVILLE, KY 40356?

The median listing price in NICHOLASVILLE, KY 40356 is $419,900 as of January 2026, a 9.3% decrease from $462,751 the prior year.

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

Homes in NICHOLASVILLE, KY 40356 spend an average of 78 days on the market before going under contract, compared to 79 days the prior year.

Is it a seller's or buyer's market in NICHOLASVILLE, KY 40356?

Based on current inventory and days-on-market data as of January 2026, NICHOLASVILLE, KY 40356 is currently a Balanced Market. Inventory has increased compared to last year, with 108 more homes available — giving buyers more choice. Homes are selling faster, averaging 78 days on market compared to 79 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NICHOLASVILLE, KY 40356 save an estimated $8,398 compared to a typical 5% commission on the median listing price of $419,900. 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.