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Nicholasville city, KY

ZIP 40356 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 40356

Median Home Value
$246,300
Median Rent
$814
Affordability Snapshot
$68,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,582/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

25.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 40356 in Nicholasville city, KY, a household would need roughly $68,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,582. That is roughly in line with the local median household income ($75,264). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
70.7%+8% vs US avg
x
Vacancy Rate
5.3%-49% vs US avg
x
Broadband Access
89.4%+3% vs US avg
x
4+ Bedrooms
8.2%-45% vs US avg
x
Built Pre-1939
2.1%-84% vs US avg
x
Built Post-2014
2.5%-63% vs US avg
x
Rent Burden >30%
20.8%-58% vs US avg
x
Mortgage-Free
35.9%-6% vs US avg
x
$246,300
Home Value
$814
Rent
1991
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached74.7%
  • 1-unit attached7.7%
  • 2-9 units11.1%
  • 10+ units3.0%
  • Mobile home & other3.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$246,300
Median rent$814
Owner-occupied70.7%
Vacant5.3%
Price-to-income3.3x
Est. income to buy$68,000