The story of this market
The typical home in ZIP 40340 sells for about $350,000, or $197 per square foot.
Prices are up +5.7% from a year ago, so sellers still have some momentum. Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $1,800 a month.
ZIP 40340 — Nicholasville
The Lexington market shows moderate growth with a median sale price of $350,000 and a 5.7% year-over-year increase. Market activity remains somewhat competitive with homes selling in approximately 38 days. Figures provided reflect city-wide data as specific ZCTA-level metrics for 40340 were not available in the referenced datasets.
Median prices moved up 5.7% year over year.
Homes spend a median of 38 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
unemployment 0.0% · poverty 0.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
not determinable
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.