Call or Text (240) SELL-123

LANCASTER, KY 40444

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

Market Overview

Active Listings
68
⇩ 6.8% vs 73 last year
Pending
16
24% pending ratio
Median Price
$362,500
⇩ 0.4% vs $363,900 last year
Average Price
$472,849
⇧ 0.9% vs $468,749 last year
Days on Market
86
⇧ 6.2% vs 81 days last year

Market Context

Population: 14,183  ·  Density: 34.3/mi²  ·  Median household income: $56,894

Typical home value: $180,712  ·  Homeownership: 81.2%

Market Analysis

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

The LANCASTER, KY real estate market (40444) currently shows 68 active listings, with 16 pending sales. Homes are averaging 86 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 86 days on market compared to 81 days last year.

The median listing price has fallen 0.4% year-over-year, from $363,900 to $362,500.

Whether you are buying or selling in LANCASTER, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for LANCASTER, KY 40444 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 68 this year vs 73 last year
  • Days on market: 86 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $362,500 (-0.4% YoY)
  • Average: $472,849 (+0.9% 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 24.3 miles — 599 listings ($311,198,699 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40444Lancaster, KY 404440.0 mi68$32,153,732$362,500$472,849
40422Danville, KY 4042212.1 mi93$34,081,431$326,950$366,467
40390Wilmore, KY 4039012.9 mi23$24,452,726$1,425,000$1,063,162
40440Junction City, KY 4044015.1 mi15$7,846,245$309,000$523,083
40419Crab Orchard, KY 4041916.8 mi15$4,836,120$314,900$322,408
40515Lexington, KY 4051519.2 mi117$75,894,858$583,331$648,674
40464Parksville, KY 4046419.6 mi3$1,023,000$341,000$341,000
40517Lexington, KY 4051721.8 mi89$24,214,586$249,900$272,074
40489Waynesburg, KY 4048921.8 mi7$1,209,698$179,900$172,814
40409Brodhead, KY 4040922.6 mi9$1,755,900$170,450$195,100
40503Lexington, KY 4050322.7 mi61$24,413,969$369,950$400,229
40502Lexington, KY 4050223.8 mi97$78,591,534$598,500$810,222
42541Middleburg, KY 4254124.3 mi2$724,900$362,450$362,450

Frequently Asked Questions

How many homes are for sale in LANCASTER, KY 40444?

As of January 2026, there are 68 active listings in LANCASTER, KY (zip code 40444), compared to 73 the prior year.

What is the median home price in LANCASTER, KY 40444?

The median listing price in LANCASTER, KY 40444 is $362,500 as of January 2026, a 0.4% decrease from $363,900 the prior year.

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

Homes in LANCASTER, KY 40444 spend an average of 86 days on the market before going under contract, compared to 81 days the prior year.

Is it a seller's or buyer's market in LANCASTER, KY 40444?

Based on current inventory and days-on-market data as of January 2026, LANCASTER, KY 40444 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 86 days on market compared to 81 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LANCASTER, KY 40444 save an estimated $7,250 compared to a typical 5% commission on the median listing price of $362,500. 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.