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Frankfort, KY 40601 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Frankfort, KY inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.15
ActiveActive listings: 5555PendingPending sales: 88
Frankfort, 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): $242k$242kSoldMedian sold price (last 6 months): $265k$265k
What homes actually sell for in Frankfort, KY
Distribution of 362 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $210k to $335k
$80k to $149k: 30 sales$80k$149k to $218k: 56 sales$218k to $286k: 108 sales108sales$218k$286k to $355k: 76 sales$355k to $424k: 36 sales$355k$424k to $492k: 14 sales$492k to $561k: 4 sales$492k$561k to $630k: 2 salesMedian $265k

What the numbers say

As of September 14, 2026, Resideline is tracking 55 active listings and 8 pending sales in ZIP code 40601. That pending-to-active ratio of 0.15 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $242,500, while the median of the 362 closed sales Resideline tracked over the last six months was $265,000. 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 40601 for 55 days.

Frequently asked questions

What is the median home price in 40601?

The median closed sale price in Frankfort, KY 40601 was $265,000 over the last six months, based on 362 closed sales tracked by Resideline. The middle half of those sales ranged from $210,000 to $335,000.

Is 40601 a buyer's or seller's market?

Resideline is currently tracking 8 pending sales against 55 active listings in 40601, a pending-to-active ratio of 0.15. 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, 40601 currently looks like a balanced market.

Nearby ZIP code market data

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