Call or Text (240) SELL-123

WACO, KY 40385

Real Estate Market Report  ·  Madison County
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The WACO, KY real estate market (40385) currently shows 13 active listings, with 6 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 65 days on market compared to 12 days last year.

The median listing price has fallen 31.3% year-over-year, from $400,000 to $275,000.

Whether you are buying or selling in WACO, KY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for WACO, KY 40385 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 2,240  ·  Density: 18.9/mi²  ·  Median household income: $55,893

Typical home value: $135,577  ·  Homeownership: 78.7%

Market Overview

Active Listings
13
⇧ 85.7% vs 7 last year
Pending
6
46% pending ratio
Median Price
$275,000
⇩ 31.3% vs $400,000 last year
Average Price
$328,664
⇩ 23.6% vs $430,390 last year
Days on Market
65
⇧ 441.7% vs 12 days last year

Price Per Square Foot

Median $/sqft
$172
⇩ 0.6% vs $173/sqft last year
Median Home Size
1,626 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 7 last year
  • Days on market: 65 now vs 12 last year

Median & Average Pricing

Year over Year
  • Median: $275,000 (-31.3% YoY)
  • Average: $328,664 (-23.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 27.0 miles — 1,087 listings ($523,112,099 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40385Waco, KY 403850.0 mi10$3,364,130$329,000$336,413
40475Richmond, KY 404759.8 mi268$117,753,572$353,900$439,379
40403Berea, KY 4040313.8 mi123$37,853,865$285,000$307,755
40391Winchester, KY 4039116.0 mi141$66,579,495$335,000$472,195
40515Lexington, KY 4051519.9 mi117$75,894,858$583,331$648,674
40447McKee, KY 4044720.4 mi32$9,195,552$275,000$287,361
40481Sandgap, KY 4048121.7 mi2$541,500$270,750$270,750
40376Slade, KY 4037624.0 mi7$1,850,800$239,000$264,400
40353Mount Sterling, KY 4035324.6 mi83$34,634,572$285,000$417,284
41397Zoe, KY 4139725.3 mi7$3,232,600$415,000$461,800
40356Nicholasville, KY 4035625.5 mi287$157,864,637$419,900$550,051
40516Lexington, KY 4051626.5 mi4$11,526,668$2,650,000$2,881,667
40346Means, KY 4034627.0 mi6$2,819,850$487,450$469,975

Frequently Asked Questions

How many homes are for sale in WACO, KY 40385?

As of February 2026, there are 13 active listings in WACO, KY (zip code 40385), compared to 7 the prior year.

What is the median home price in WACO, KY 40385?

The median listing price in WACO, KY 40385 is $275,000 as of February 2026, a 31.3% decrease from $400,000 the prior year.

How long do homes stay on the market in WACO, KY?

Homes in WACO, KY 40385 spend an average of 65 days on the market before going under contract, compared to 12 days the prior year.

Is it a seller's or buyer's market in WACO, KY 40385?

Based on current inventory and days-on-market data as of February 2026, WACO, KY 40385 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 65 days on market compared to 12 days last year.

How much can I save on real estate commission in WACO, KY?

With SELL123.com's maximum 3% commission, sellers in WACO, KY 40385 save an estimated $5,500 compared to a typical 5% commission on the median listing price of $275,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.