Is 40008, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 40008 has remained a Seller's Market.
Key Takeaway
40008 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 40008, KY
How much do homes in 40008, KY cost?
Median Sold Price
$212,400
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 40008 have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in 40008 was $212,400 in March 2024, down 4.3% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $205K | N/A |
| 2 Bedrooms | $183.9K | $213.2K | +16.0% |
| 3 Bedrooms | $218.5K | $212.4K | -2.8% |
| 4 Bedrooms | $387K | $227.2K | -41.3% |
| 5+ Bedrooms | $189K | $500K | +164.6% |
Summary: 40008 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 41.3%, and 5+ bedroom homes increased by 164.6%.
Median Sold Price Compared To Nearby Zip Codes
| 40071 | $350.7K | $377.5K | +7.6% |
| 40008 | $222K | $212.4K | -4.3% |
Housing Supply in 40008, KY
How many homes are available in 40008, KY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Summary: The 40008 real estate market had 16 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 40008 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 40008, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 40008 in March 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for 40008, KY
We’re sorry, we don't have information for this market at the moment
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