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FRANKFORT, KY 40601

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

Market Overview

Active Listings
172
⇩ 6% vs 183 last year
Pending
57
33% pending ratio
Median Price
$292,500
⇩ 13.3% vs $337,500 last year
Average Price
$365,516
⇩ 2.9% vs $376,448 last year
Days on Market
74
⇧ 8.8% vs 68 days last year

Market Context

Population: 51,579  ·  Density: 91.5/mi²  ·  Median household income: $63,296

Typical home value: $183,318  ·  Homeownership: 63.5%

Market Analysis

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

The FRANKFORT, KY real estate market (40601) currently shows 172 active listings, with 57 pending sales. Homes are averaging 74 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 74 days on market compared to 68 days last year.

The median listing price has fallen 13.3% year-over-year, from $337,500 to $292,500.

Whether you are buying or selling in FRANKFORT, 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: 172 this year vs 183 last year
  • Days on market: 74 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $292,500 (-13.3% YoY)
  • Average: $365,516 (-2.9% 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 24.4 miles — 567 listings ($256,948,372 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40601Frankfort, KY 406010.0 mi172$62,868,752$292,500$365,516
40347Midway, KY 4034710.3 mi13$12,350,975$529,500$950,075
40076Waddy, KY 4007613.8 mi3$2,294,901$810,000$764,967
40036Lockport, KY 4003615.3 mi1$449,000$449,000$449,000
40383Versailles, KY 4038317.3 mi112$71,329,104$549,000$636,867
40065Shelbyville, KY 4006517.7 mi131$55,719,278$345,000$425,338
40019Eminence, KY 4001918.5 mi19$5,654,552$244,450$297,608
40363Perry Park, KY 4036320.6 mi3$652,350$217,450$217,450
40046Mount Eden, KY 4004621.6 mi3$1,050,000$390,000$350,000
40370Sadieville, KY 4037022.1 mi7$2,190,720$250,000$312,960
40504Lexington, KY 4050422.8 mi48$23,271,456$297,450$484,822
40068Smithfield, KY 4006823.6 mi8$5,939,800$696,400$742,475
40508Lexington, KY 4050824.4 mi47$13,177,484$235,000$280,372

Frequently Asked Questions

How many homes are for sale in FRANKFORT, KY 40601?

As of January 2026, there are 172 active listings in FRANKFORT, KY (zip code 40601), compared to 183 the prior year.

What is the median home price in FRANKFORT, KY 40601?

The median listing price in FRANKFORT, KY 40601 is $292,500 as of January 2026, a 13.3% decrease from $337,500 the prior year.

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

Homes in FRANKFORT, KY 40601 spend an average of 74 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 FRANKFORT, KY 40601?

Based on current inventory and days-on-market data as of January 2026, FRANKFORT, KY 40601 is currently a Balanced Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 74 days on market compared to 68 days last year.

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

With SELL123.com's maximum 3% commission, sellers in FRANKFORT, KY 40601 save an estimated $5,850 compared to a typical 5% commission on the median listing price of $292,500. 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.