Why Live in Nicholasville
On the southern outskirts of Lexington, Nicholasville has a small-town feel and a population of just over 30,000. It’s the seventh-fastest-growing city in Kentucky, with new retail centers and neighborhoods steadily popping up. “Nicholasville is a convenient city with every amenity that you need,” says Jonah Mitchell, a local broker with Jonah Mitchell Real Estate who has over 40 years of experience in the area. “Yet it still allows us that rural country feel and the ability to know our neighbors.” With downtown Lexington in one direction and horse farms in another, Nicholasville is the halfway point between city and country.
Most of Nicholasville’s workforce commutes into Lexington, which has major employers like the University of Kentucky and CHI Saint Joseph Hospital. However, the smaller city is also home to several industrial hubs, including manufacturing companies and the global headquarters of Alltech Biotechnology. Just outside of vintage Downtown Nicholasville , homes tend to be mid-century ranch styles on looping suburban grids. However, a good portion of the available properties are new construction. Rolling pastures are turning into subdivisions of large New
Home Trends in Nicholasville, KY
On average, homes in Nicholasville, KY sell after 34 days on the market compared to the national average of 50 days. The median sale price for homes in Nicholasville, KY over the last 12 months is $353,000, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$353,000
Median Single Family Sale Price
$380,000
Median Townhouse Sale Price
$189,500
Median 2 Bedroom Sale Price
$168,825
Average Price Per Sq Ft
$193
Number of Homes for Sale
204
Last 12 months Home Sales
603
Median List Price
$384,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-1%