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Nicholasville, KY 40356 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Nicholasville, KY inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.08
ActiveActive listings: 8383PendingPending sales: 77
Nicholasville, KY: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $430k$430kSoldMedian sold price (last 6 months): $365k$365k
What homes actually sell for in Nicholasville, KY
Distribution of 486 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $275k to $525k
$160k to $318k: 151 sales151sales$160k$318k to $476k: 148 sales$476k to $634k: 86 sales$476k$634k to $792k: 20 sales$792k to $951k: 15 sales$792k$951k to $1.11M: 8 sales$1.11M to $1.27M: 3 sales$1.11M$1.27M to $1.42M: 6 salesMedian $365k

What the numbers say

As of October 5, 2026, Resideline is tracking 83 active listings and 7 pending sales in ZIP code 40356. That pending-to-active ratio of 0.08 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $429,900, while the median of the 486 closed sales Resideline tracked over the last six months was $365,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 40356 for 69 days.

Frequently asked questions

What is the median home price in 40356?

The median closed sale price in Nicholasville, KY 40356 was $365,000 over the last six months, based on 486 closed sales tracked by Resideline. The middle half of those sales ranged from $275,000 to $525,000.

Is 40356 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 83 active listings in 40356, a pending-to-active ratio of 0.08. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 40356 currently looks like a balanced market.

Nearby ZIP code market data

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