Is 40026, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 40026 was a Neutral Market.
Key Takeaway
40026 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 40026, KY
How much do homes in 40026, KY cost?
Median Sold Price
$430,000
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 40026 have sold for 8.5% less than they did a year ago.
Summary: The median home sold price in 40026 was $430,000 in March 2024, down 8.5% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $307.5K | - | N/A |
| 3 Bedrooms | $323.7K | $335K | +3.5% |
| 4 Bedrooms | $555K | $496K | -10.6% |
| 5+ Bedrooms | $915K | $930K | +1.6% |
Summary: 40026 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 did not change, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 10.6%, and 5+ bedroom homes increased by 1.6%.
Housing Supply in 40026, KY
How many homes are available in 40026, KY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 17 | +88.9% |
Summary: The 40026 real estate market had 17 homes for sale in March 2024, a 88.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 3 | 10 | +233.3% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 40026 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 increased by 233.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 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 40026, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 40026 in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 40026, KY
We’re sorry, we don't have information for this market at the moment
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