Is 40059, 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, 40059 has remained a Seller's Market.
Housing Prices in 40059, KY
How much do homes in 40059, KY cost?
Median Sold Price
$655,164
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 40059 was $655,164 in March 2024, up 0.8% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $147K | $125K | -15.0% |
2 Bedrooms | $265K | $261.9K | -1.2% |
3 Bedrooms | $559.9K | $561K | 0.2% |
4 Bedrooms | $650K | $685K | +5.4% |
5+ Bedrooms | $865K | $910K | +5.2% |
Summary: 40059 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 5.2%.
Housing Supply in 40059, KY
How many homes are available in 40059, KY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
101 | 110 | +8.9% |
Summary: The 40059 real estate market had 110 homes for sale in March 2024, a 8.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 15 | 17 | +13.3% |
3 Bedrooms | 32 | 33 | +3.1% |
4 Bedrooms | 30 | 30 | 0.0% |
5+ Bedrooms | 23 | 28 | +21.7% |
Summary: The 40059 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 3.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 21.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 28 | +100.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in 40059 in March 2024, up by 100.0% month-over-month. Of the 28 sold homes, 50% were sold under asking, 29% were sold at asking, and 21% were sold over asking.
Days on Market for 40059, KY
We’re sorry, we don't have information for this market at the moment