Updated On: February 27, 2015
Homes for Sale in Nicholasville
Within the heart of central Kentucky's Bluegrass Region lies the historic town of Nicholasville. The county seat of Jessamine County, Nicholasville is located 12 miles south of Lexington. Nicholasville was named for Colonel George Nicholas, "The Father of the Kentucky Constitution" and the state's first attorney general. This town of 28,000 residents is known for its industry and manufacturing, as well as for the beautiful antique shops located within the downtown area. Residents enjoy an unsurpassed quality of life and unlimited diversity in artistic, cultural, educational and recreational opportunities.
Jessamine County is often called the "Garden Area" of Central Kentucky for its lush vegetation, rambling creeks and considerable Kentucky River frontage. Thoroughbred horse farms and championship golf courses exist comfortably side-by-side. The Inner Bluegrass Region is bordered on two sides by the mighty Ohio River and a ring of hills known as the Knobs. This rolling plateau is named for Kentucky's famous bluegrass and has an underlying bed of limestone. A major Bluegrass Region attraction is the Jim Beam Nature Preserve, dedicated to protecting and preserving Kentucky's unique plant life and majestic limestone cliffs.
Education is a high priority in the town. Jessamine County Schools serve more than 6,000 students who enjoy a favorable student-teacher ratio. Within a 40-mile radius of Nicholasville are University of Kentucky, Eastern Kentucky University and six other colleges: Asbury, Berea, Centre, Georgetown, Kentucky State and Midway Junior.
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Nicholasville Real Estate Market - Price Range of Nicholasville Homes
The real estate market around Nicholasville and the Bluegrass area is a study in diversity. There are historic downtown houses on quiet suburban streets, small farms along twisting country roads, refurbished Victorian estate properties shaded by ancient elms and exquisite new subdivisions featuring neo-traditional homes. Nicholasville's single-family homes market is priced starting under $100,000 for smaller 3- or 4-bedroom homes to upwards of $2 million and more for large new homes boasting substantial acreage. The Nicholasville neighborhood of Champions is an elite, secluded residential area located in the countryside near a golf course surrounded by horse farms. Homes at the Champions are built on a minimum of three acres, many with swimming pools and four-car garages, and are priced from $700,000. Roomy 3- and 4-bedroom homes at Keene Crossing range from the low to mid-$100,000s and treed land and lots are available for custom building.
Nicholasville Real Estate Stats and Trends for the week of February 23rd, 2015: homes priced around $198,201 compared to $192,993 the previous week, showing a increase of more than +3%. For Thursday, February 26th, the current national mortgage rate for a 30 year fixed mortgage is 3.91%; the 15 year fixed rate is at 3.03%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.25%, while the 15 year jumbo rate currently is at 4.06%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Nicholasville KY. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Nicholasville to help you find the best home!