Is 40013, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 40013 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 40013 has remained a Seller's Market.

Key Takeaway

40013 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 40013, KY

How much do homes in 40013, KY cost?

Median Sold Price

$274,900

$188/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since April 2023.

Key Takeaway

The sold price of homes in 40013 has remained the same since last year.

Summary: The median home sold price in 40013 was $274,900 in April 2024, the same as last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $150K$213.5K
+42.3%
3 $268.8K$270.5K
+0.6%
4 $383K$352.2K
-8.0%
5+ $300K$761K
+153.7%

Summary: 40013 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 42.3%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes increased by 153.7%.

Median Sold Price Compared To Nearby Zip Codes

40004
+9.3%
40071
+7.3%
40047
+1.0%
40013
0.0%

Housing Supply in 40013, KY

How many homes are available in 40013, KY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2421-12.5%

Summary: The 40013 real estate market had 21 homes for sale in April 2024, a 12.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 2017
-15.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The 40013 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 15%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 40013, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 40013 in April 2024, down by 12.5% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.

Days on Market for 40013, KY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 40013, KY

Nearby Markets to 40013, KY