Zip 40356 (Nicholasville, KY) Housing

40356 Nicholasville, KY is an area with an impressive housing market. The median value of homes in the area is $260,600 which is significantly lower than the US house median value of $338,100. Despite this difference, the one-year house appreciation rate in 40356 Nicholasville, KY was higher than the national average at 16.19%, which is much higher than the 8.27% national average. This high rate of appreciation shows that investing in the area can be a wise decision for potential buyers and investors alike.

The median home cost in Nicholasville (zip 40356) is $260,600. Home appreciation the last 10 years has been 72.6%. Home Appreciation in Nicholasville (zip 40356) is up 19.3%.

Average Age of Homes

- The median age of Nicholasville (zip 40356) real estate is 29 years old

The Rental Market in Nicholasville (zip 40356)

- Renters make up 33.9% of the Nicholasville (zip 40356) population
- 0.8% of houses and apartments in Nicholasville (zip 40356), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Nicholasville, Kentucky	United States
	17,652.0	139,647,020.0
	32	42
	$260,600	$338,100
	19.3%	16.6%
	54.4%	57.0%
	72.6%	101.1%
	$8.83	$10.98
	$1,695	$2,690
	65.1%	57.4%
	6.1%	11.2%
	28.8%	31.4%
Vacant Housing
	0.8%	1.9%
	0.5%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	1.1%	3.6%
	3.3%	4.1%
Value of Owner-Occupied Housing
	2.8%	2.6%
	0.9%	2.4%
	1.0%	2.8%
	2.7%	3.9%
	6.8%	4.5%
	20.0%	11.3%
	19.4%	13.0%
	17.0%	20.1%
	10.6%	13.6%
	6.8%	8.3%
	6.7%	9.7%
	3.9%	3.9%
	1.1%	2.2%
	0.1%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	19.5%	13.6%
	19.5%	13.6%
	18.5%	13.6%
	18.4%	13.2%
	18.3%	14.8%
	18.5%	13.6%
	3.0%	10.0%
	3.7%	4.7%
	4.3%	12.2%

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