Home Insurance in Nicholasville, Kentucky
With a median home value of $226,800, Nicholasville is 15% lower than the Jessamine County median.
The typical home in Nicholasville was built around 1993. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 10% of homes were built before 1960, in line with Jessamine County (11%).
The housing stock in Nicholasville is 77% single-family homes, 9% apartments in buildings with 5+ units and 1% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
In Nicholasville, about 70% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 6%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 58% of occupied homes in Nicholasville are owner-occupied.
Most homes in Nicholasville - 62% - are primarily heated with electricity.
What's the biggest home insurance risk near Nicholasville? FEMA's National Risk Index points to strong wind (Relatively High) in Jessamine County and Jessamine County had 99 active NFIP flood policies as of September 2026. See the full Jessamine County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Kentucky, the statewide average premium for a standard HO-3 homeowners policy is $1,525 per year (NAIC, 2023 data).
Key figures
| Median home value | $226,800 |
|---|---|
| Median year built | 1993 |
| Owner-occupied share | 58% |
| Share of owner-occupied homes with a mortgage | 70% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Jessamine County | 99 |
| Home insurance premium | $1,525 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)