Is Nicholasville, KY a good place to invest in rental property?

Nicholasville, KY has a median modeled monthly cash flow of $-953 and a median cap rate of 3.4%, on a median sold price of $340,000. Prices changed +5.7% year over year.

What is the average cap rate in Nicholasville, KY?

The median cap rate across recently sold homes in Nicholasville, KY is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Nicholasville, KY?

The median sold price in Nicholasville, KY is $340,000 (about $184 per square foot).

Investing in Nicholasville, KY Real Estate

A data-driven snapshot of the Nicholasville, KY rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$340,000Median sold price

$184Median $/sqft

3.4%Median cap rate

$-953Modeled cash flow / mo

+5.7%Appreciation YoY

8.7Months of supply

389Active listings

535Sold (last 12 mo)

What the Nicholasville numbers say

In Nicholasville, KY, the median home sold for $340,000 (about $184 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-953 of monthly cash flow. Sold prices moved +5.7% over the past year. Inventory sits at about 8.7 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Kentucky markets to compare

See Nicholasville cash-flowing listings

CashFlowRE ranks every for-sale home in Nicholasville, KY by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Nicholasville deals, or browse the national market data.