The story of this market
The typical home in Jessamine County, Kentucky sells for about $443,499, or $188 per square foot.
Prices are up +1.98% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. Over the long run, values in this county have grown 131% since 2000. Last year 8 of 11 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is lightning, which FEMA rates very high. HUD's fair market rent for a two-bedroom is $1,416 a month.
HUD sets the fair market rent for a 2-bedroom at $1,416 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Low.
Price climate
Every year of price change, 2000–2025
+3.5%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+16.6%). Worst: 2011 (-2.6%). Hover to read a year.
Monthly price momentum
Home values since 2015
+4.3%
KY · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,948
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+3.5%
2025 change
FHFA repeat-sales index, median of 11 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
51
Relatively Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $17,654,694.
Mortgage activity
Home lending in this county
83.3%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 2469 | 1461 | 83.3% | 11.3% | $205,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Jessamine County, Kentucky
The Jessamine County housing market shows signs of stability with moderate price growth and consistent inventory levels. While listing prices have seen some fluctuations, the area remains an attractive, more affordable alternative to the neighboring Lexington market, driving steady demand from families and commuters.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price diverges 36.5% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict.
Select a city to expand its ZIP intel reports beneath · 3 cities · 4 ZIP reports
Median prices moved up 5.5% year over year.
Homes spend a median of 39 days on market with 0.1 months of supply — a fast-moving market.
1% of listings have cut prices · homes sell at 3.3% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 10.2% — a stable, low-distress profile.
Deterministic aggregate of 4 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Jessamine County, Kentucky — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 17
researched Sep 17
researched Sep 17
researched Sep 17
| 40339 | Keene | $350,000 | $197 | +5.7% | 38 | — | — | — | 1,200 | $1,800 | researched Sep 17 |
| 40340 | Nicholasville | $350,000 | $197 | +5.7% | 38 | — | — | — | 1,200 | $1,800 | researched Sep 17 |
| 40356 | Nicholasville | $256,225 | $167 | -3.5% | 66 | 95.5% | 20% | 5.8 | 168 | $1,154 | researched Sep 17 |
| 40390 | Wilmore | $300,000 | $165 | +1.2% | 45 | 98.5% | 12% | 3.2 | 120 | $943 | researched Sep 17 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Crime rates in Jessamine County remain generally lower than the national average, with property crime being the most frequently reported incident type.
The county is served by the Jessamine County School District, which maintains a focus on college and career readiness with several specialized vocational programs.
The area faces moderate risks from severe thunderstorms and occasional flooding in low-lying areas near the Kentucky River, with standard insurance coverage typically sufficient.
Economic momentum is driven by its proximity to Lexington, with significant growth in residential development and a stable base of local manufacturing and service-sector employers.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Kentucky) — Kentucky Ad Valorem Property Tax: Property is assessed at its fair cash value (price at a fair voluntary sale). The tax is calculated by applying local and state tax rates to the assessed value.
The county features extensive outdoor amenities including the Kentucky River Palisades, various community parks, and proximity to regional golf courses and equestrian facilities.
The rental market is characterized by steady demand driven by proximity to Lexington, with a mix of single-family rentals and multi-family complexes.
The economy is anchored by a mix of manufacturing, retail, and service industries, with many residents commuting to the nearby Lexington-Fayette urban area.
The county is served by major corridors including US 27 and US 68, which provide direct access to Lexington and surrounding regional hubs.
The Jessamine County Property Valuation Administrator (PVA) conducts annual assessments to ensure property values reflect current market conditions.
The county is served by various special districts including local water and sewer districts and the Jessamine County Public Library district.
Property insurance premiums are generally stable, though homeowners in flood-prone areas near the river may require additional coverage.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
A scenic area offering hiking, fishing, and boating opportunities along the Kentucky River.
A significant Civil War site that provides educational tours and walking trails.
A large community park featuring sports fields, playgrounds, and picnic areas for residents.
Data retrieved from data.census.gov
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Property is assessed at its fair cash value (price at a fair voluntary sale). The tax is calculated by applying local and state tax rates to the assessed value. A homestead exemption is available for owners aged 65 or older or those who are totally disabled, which exempts a portion of the assessed value from taxation (the specific exemption amount is adjusted biennially based on the cost of living index).
Kentucky Constitution Section 170, 172; KRS 132.190
Kentucky is a judicial foreclosure state, requiring a court action to enforce a mortgage or lien. The process involves a court-ordered sale, typically conducted by the master commissioner.
KRS Chapter 426
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.