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FRANKFORT, KY 40601

Real Estate Market Report
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The FRANKFORT, KY real estate market (40601) currently shows 171 active listings, with 54 pending sales. Homes are averaging 61 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 61 days on market compared to 69 days last year.

The median listing price has fallen 5.6% year-over-year, from $328,900 to $310,450.

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 Context

Market Context

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

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

Market Overview

Active Listings
171
⇩ 1.7% vs 174 last year
Pending
54
32% pending ratio
Median Price
$310,450
⇩ 5.6% vs $328,900 last year
Average Price
$365,272
⇧ 1.7% vs $359,220 last year
Days on Market
61
⇩ 11.6% vs 69 days last year

Price Per Square Foot

Median $/sqft
$186
⇧ 10.1% vs $169/sqft last year
Median Home Size
1,767 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 171 this year vs 174 last year
  • Days on market: 61 now vs 69 last year

Median & Average Pricing

Year over Year
  • Median: $310,450 (-5.6% YoY)
  • Average: $365,272 (+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 24.4 miles — 562 listings ($254,803,816 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40601Frankfort, KY 406010.0 mi160$57,041,760$289,900$356,511
40347Midway, KY 4034710.3 mi12$14,116,524$967,250$1,176,377
40076Waddy, KY 4007613.8 mi4$1,759,800$352,450$439,950
40036Lockport, KY 4003615.3 mi1$449,000$449,000$449,000
40383Versailles, KY 4038317.3 mi109$68,859,224$552,975$631,736
40065Shelbyville, KY 4006517.7 mi140$61,823,860$346,250$441,599
40019Eminence, KY 4001918.5 mi18$5,312,826$282,255$295,157
40363Perry Park, KY 4036320.6 mi4$682,900$129,000$170,725
40046Mount Eden, KY 4004621.6 mi3$1,187,499$382,500$395,833
40370Sadieville, KY 4037022.1 mi6$1,948,578$207,500$324,763
40504Lexington, KY 4050422.8 mi41$18,363,203$282,225$447,883
40068Smithfield, KY 4006823.6 mi6$6,641,700$1,106,950$1,106,950
40508Lexington, KY 4050824.4 mi58$16,616,942$243,500$286,499

Frequently Asked Questions

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

As of March 2026, there are 171 active listings in FRANKFORT, KY (zip code 40601), compared to 174 the prior year.

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

The median listing price in FRANKFORT, KY 40601 is $310,450 as of March 2026, a 5.6% decrease from $328,900 the prior year.

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

Homes in FRANKFORT, KY 40601 spend an average of 61 days on the market before going under contract, compared to 69 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 March 2026, FRANKFORT, KY 40601 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 61 days on market compared to 69 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 $6,209 compared to a typical 5% commission on the median listing price of $310,450. 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.