Is 40047, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 40047 was a Seller's Market.
Housing Prices in 40047, KY
How much do homes in 40047, KY cost?
Median Sold Price
$272,500
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 40047 was $272,500 in April 2024, up 1% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $227.5K | $235K | +3.3% |
3 Bedrooms | $256.9K | $265K | +3.2% |
4 Bedrooms | $385.9K | $372K | -3.6% |
5+ Bedrooms | $399.9K | $395.5K | -1.1% |
Summary: 40047 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 3.3%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes decreased by 1.1%.
Housing Supply in 40047, KY
How many homes are available in 40047, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 27 | -3.6% |
Summary: The 40047 real estate market had 27 homes for sale in April 2024, a 3.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 20 | 17 | -15.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 40047 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 50%, 3 bedroom homes decreased by 15%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 4 | -60.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 40047 in April 2024, down by 60.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for 40047, KY
We’re sorry, we don't have information for this market at the moment