Is 40067, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 40067 is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, 40067 has remained a Buyer's Market.

Key Takeaway

40067 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 40067, KY

How much do homes in 40067, KY cost?

Median Sold Price

$346,500

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$3,497(-1.0%)

Key Takeaway

Homes in 40067 have sold for 1% less than they did a year ago.

Summary: The median home sold price in 40067 was $346,500 in April 2024, down 1% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $190K$207.5K
+9.2%
3 $300K$321.5K
+7.2%
4 $449.5K$545K
+21.2%
5+ $760.5K$877K
+15.3%

Summary: 40067 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 9.2%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes increased by 15.3%.

Median Sold Price Compared To Nearby Zip Codes

40023
+8.3%
40065
+1.7%
40245
-0.9%
40067
-1.0%

Housing Supply in 40067, KY

How many homes are available in 40067, KY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
25250.0%

Summary: The 40067 real estate market had 25 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 68
+33.3%
4 1111
0.0%
5+ 54
-20.0%

Summary: The 40067 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 decreased by 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
92-77.8%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 40067, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 40067 in April 2024, down by 77.8% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 40067, 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 13 Days Ago

Newest Listings in 40067, KY

Nearby Markets to 40067, KY