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WINCHESTER, KY 40391

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The WINCHESTER, KY real estate market (40391) currently shows 139 active listings, with 42 pending sales. Homes are averaging 90 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 90 days on market compared to 59 days last year.

The median listing price has fallen 17% year-over-year, from $362,450 to $301,000.

Whether you are buying or selling in WINCHESTER, 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: 36,584  ·  Density: 59.5/mi²  ·  Median household income: $62,198

Typical home value: $181,353  ·  Homeownership: 71.6%

Market Overview

Active Listings
139
⇩ 2.8% vs 143 last year
Pending
42
30% pending ratio
Median Price
$301,000
⇩ 17% vs $362,450 last year
Average Price
$459,430
⇧ 1.7% vs $451,881 last year
Days on Market
90
⇧ 52.5% vs 59 days last year

Price Per Square Foot

Median $/sqft
$172
⇧ 2.4% vs $168/sqft last year
Median Home Size
1,838 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 139 this year vs 143 last year
  • Days on market: 90 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $301,000 (-17% YoY)
  • Average: $459,430 (+1.7% 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 23.0 miles — 841 listings ($332,803,371 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40391Winchester, KY 403910.0 mi134$61,190,296$301,675$456,644
40353Mount Sterling, KY 4035312.6 mi77$34,331,836$289,000$445,868
40312Clay City, KY 4031214.6 mi18$6,596,316$231,900$366,462
40337Jeffersonville, KY 4033715.8 mi15$4,526,205$243,450$301,747
40475Richmond, KY 4047516.8 mi257$109,569,637$350,000$426,341
40505Lexington, KY 4050518.1 mi57$16,722,147$273,725$293,371
40517Lexington, KY 4051718.7 mi81$21,605,049$249,900$266,729
40508Lexington, KY 4050820.1 mi58$16,616,942$243,500$286,499
40503Lexington, KY 4050321.3 mi57$23,182,470$376,225$406,710
40336Irvine, KY 4033621.7 mi40$10,794,320$215,000$269,858
40504Lexington, KY 4050422.1 mi41$18,363,203$282,225$447,883
40472Ravenna, KY 4047222.8 mi4$9,000,000$2,250,000$2,250,000
40348Millersburg, KY 4034823.0 mi2$304,950$152,475$152,475

Frequently Asked Questions

How many homes are for sale in WINCHESTER, KY 40391?

As of March 2026, there are 139 active listings in WINCHESTER, KY (zip code 40391), compared to 143 the prior year.

What is the median home price in WINCHESTER, KY 40391?

The median listing price in WINCHESTER, KY 40391 is $301,000 as of March 2026, a 17% decrease from $362,450 the prior year.

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

Homes in WINCHESTER, KY 40391 spend an average of 90 days on the market before going under contract, compared to 59 days the prior year.

Is it a seller's or buyer's market in WINCHESTER, KY 40391?

Based on current inventory and days-on-market data as of March 2026, WINCHESTER, KY 40391 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 90 days on market compared to 59 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WINCHESTER, KY 40391 save an estimated $6,020 compared to a typical 5% commission on the median listing price of $301,000. 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.