Is 40204, 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, 40204 has remained a Seller's Market.
Housing Prices in 40204, KY
How much do homes in 40204, KY cost?
Median Sold Price
$300,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 40204 was $300,000 in March 2024, up 4.4% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $147.5K | $169K | +14.6% |
2 Bedrooms | $238.5K | $253.2K | +6.2% |
3 Bedrooms | $328.2K | $340K | +3.6% |
4 Bedrooms | $599K | $596.5K | -0.4% |
5+ Bedrooms | $620K | $650K | +4.8% |
Summary: 40204 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.6%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 4.8%.
Housing Supply in 40204, KY
How many homes are available in 40204, KY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
58 | 69 | +19.0% |
Summary: The 40204 real estate market had 69 homes for sale in March 2024, a 19.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 25 | 31 | +24.0% |
3 Bedrooms | 17 | 20 | +17.6% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 40204 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 24%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 21 | +61.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in 40204 in March 2024, up by 61.5% month-over-month. Of the 21 sold homes, 62% were sold under asking, 19% were sold at asking, and 19% were sold over asking.
Days on Market for 40204, KY
We’re sorry, we don't have information for this market at the moment