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Housing in Versailles

132 homes sold in Versailles in the last year, at a typical $383K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Versailles homes are listed.

Homes sold
132
June 2025 to May 2026
Typical sale price
$383K
median, weighted by sales
Price per square foot
$178
Kentucky $162
Paid vs. asking
97.7%
11% sold over asking
For sale now
42
May 2026 · 12 sold that month
What sold · last 12 months

Houses are 93% of Versailles’ sales, at a typical $387K

132 homes sold in the year to May 2026.

Houses$387K

typical sale · 123 sold in 12 months

Per square foot
$179KY $162
Days to sell
53
Sold over asking
11%
Listings with a price cut
18%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $190K
Townhouses: 4 sold, typical $337K
Condos: 4 sold, typical $409K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 1.8 times the 2016 price

132 sales in the last year, against 175 in 2020 and a low of 85 in 2012. The typical sale went from $215K in 2016 to $383K.

Homes soldTypical sale price
050100150200$200K$300K$400K$500K2012: 85 sold, typical $191K’122013: 133 sold, typical $182K2014: 128 sold, typical $171K’142015: 163 sold, typical $208K2016: 142 sold, typical $215K’162017: 150 sold, typical $217K2018: 141 sold, typical $240K’182019: 167 sold, typical $226K2020: 175 sold, typical $283K’202021: 150 sold, typical $287K2022: 139 sold, typical $269K’222023: 116 sold, typical $326K2024: 139 sold, typical $412K’242025: 134 sold, typical $375KLast 12 months: 132 sold, typical $383KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $400K buys in Versailles

Houseat $179 a sq ft
The same money in Kentuckyat $162 a sq ft

Is this asking price fair?

Check a listing against what Versailles homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Versailles are back to pre-pandemic levels, but 16% fewer homes come up for sale

We read every month of Versailles’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 132 sales.

If you’re buying in Versailles

  • Shop in March. It brings about 15 new listings a month, close to the busiest month, with fewer bidding wars (14% over asking).
  • Some room to negotiate. 19% of listings cut their price, about as many as before the pandemic.
  • Offer under asking. Buyers paid 97.7% of the list price on average; 11% paid over.
  • You’ll usually have time. Only 37% of homes go under contract within two weeks; the typical one takes 57 days.
Best time to buy

Summer brings the homes; fall brings the bidding wars

August has the most new listings (about 17 a month), but September is the most competitive: 19% of September sales close over asking. March and April offer nearly as much choice with fewer homes bid up (14%). November has the least competition (10%).

New listings a monthShare sold over asking
051015207%13%20%Sweet spotJan: 12 new listings a month, 13% sold over asking, 74 days to sellJFeb: 13 new listings a month, 18% sold over asking, 78 days to sellFMar: 15 new listings a month, 14% sold over asking, 64 days to sellMApr: 15 new listings a month, 19% sold over asking, 53 days to sellAMay: 17 new listings a month, 15% sold over asking, 62 days to sellMJun: 16 new listings a month, 17% sold over asking, 52 days to sellJJul: 17 new listings a month, 14% sold over asking, 45 days to sellJAug: 17 new listings a month, 15% sold over asking, 62 days to sellASep: 13 new listings a month, 19% sold over asking, 41 days to sellSOct: 13 new listings a month, 14% sold over asking, 49 days to sellONov: 12 new listings a month, 10% sold over asking, 55 days to sellNDec: 10 new listings a month, 13% sold over asking, 40 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Kentucky

Versailles now2017–192021 peakKY now
Sold over askingShare of sales that closed above the list price11%10%26%18%
Gone within two weeksShare of homes under contract within 14 days37%33%50%36%
Listings with a price cutShare of homes for sale that cut their price19%17%20%27%
Price paid vs. askingAverage sale price ÷ list price97.7%97.9%99.3%97.4%
Days to sellMedian days from listing to contract57472350
Supply

40 homes for sale on a typical day

That’s 1.8 times the 2023 low (22), 16% fewer than in 2017–19 and well under 2014’s 98.

2012: 67 for sale’122013: 85 for sale2014: 98 for sale2015: 79 for sale’152016: 50 for sale2017: 48 for sale2018: 40 for sale’182019: 55 for sale2020: 34 for sale2021: 23 for sale’212022: 25 for sale2023: 22 for sale2024: 32 for sale’242025: 40 for saleLast 12 months: 40 for saleNow
Room to negotiate

1 in 5 listings has cut its price

19% in the last year, against 17% in 2017–19 and 27% across Kentucky.

2015: 12%’152016: 12%2017: 19%2018: 19%’182019: 13%2020: 11%2021: 20%’212022: 22%2023: 31%2024: 19%’242025: 18%Last 12 months: 19%Now
Prices by type

Since 2019, houses are up 66%, condos 25%

A house typically sold for $387K in the last year (123 sales), a condo for $409K (4).

$200K$300K$400K$500K2013201520172019202120232025NowHouses 2013: $182K, 114 salesHouses 2014: $167K, 104 salesHouses 2015: $205K, 139 salesHouses 2016: $182K, 127 salesHouses 2017: $193K, 124 salesHouses 2018: $240K, 126 salesHouses 2019: $233K, 152 salesHouses 2020: $286K, 167 salesHouses 2021: $286K, 139 salesHouses 2022: $265K, 125 salesHouses 2023: $336K, 102 salesHouses 2024: $408K, 121 salesHouses 2025: $369K, 116 salesHouses last 12 months: $387K, 123 salesHouses $387KCondos 2013: $254K, 10 salesCondos 2014: $246K, 8 salesCondos 2015: $268K, 16 salesCondos 2016: $333K, 9 salesCondos 2017: $322K, 19 salesCondos 2018: $325K, 11 salesCondos 2019: $326K, 6 salesCondos 2021: $397K, 4 salesCondos 2022: $381K, 5 salesCondos 2023: $407K, 7 salesCondos 2024: $459K, 11 salesCondos 2025: $452K, 8 salesCondos last 12 months: $409K, 4 salesCondos $409K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Kentucky

Versailles ranks 71st of 77 busy Kentucky markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Versailles is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Versailles home costs about $2,209 a month

Mortgage
Property tax
Insurance
Rent

Price: Versailles’ typical sale, last 12 months. Property tax at Versailles’ 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Versailles is affordable on local pay is on Cost of living.

Before you buy in Versailles

Six things worth knowing

17

New listings in August

The month with the most choice. December has the fewest, about 10.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $383K home, about $2,530 a year.

Taxes vs. neighbors
A

Schools

The schools grade for Versailles, from test results, graduation and how much students grow.

Schools in Versailles
25 min

Typical commute

The average one-way trip to work for people who live in Versailles.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Frankfort sells for less a square foot

The busier markets within 25 miles of Versailles, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Lexington3,806$346K$19118%41
Nicholasville508$329K$18116%63
Frankfort313$239K$14818%46
Lawrenceburg158$251K$17413%59
Versailles132$383K$17811%57
Wilmore42$327K$17519%39
Midway24$316K$19212%57

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Versailles, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Versailles. People who follow the town see it, and so do people comparing Versailles with their own town. No commission, no listing fee.

Questions about buying a home in Versailles

What do homes sell for in Versailles, KY?

132 homes sold in the year to May 2026 at a typical $383K, $178 a square foot.

Is Versailles a buyer’s or seller’s market?

A seller’s market: 42 homes were for sale in May 2026 and 12 sold, about 3.5 months of supply. Buyers paid 97.7% of asking on average, and 19% of listings cut their price.

When is the best time to buy in Versailles?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Versailles?

About 0.7% of a home’s value a year. On a $383K home that’s near $2,530.

Where can I see homes for sale in Versailles?

Zillow, Redfin, Realtor.com and Homes.com all carry Versailles’ MLS listings; the search links above open each one filtered to Versailles.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).