Is 40205, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 40205 has remained a Seller's Market.
Housing Prices in 40205, KY
How much do homes in 40205, KY cost?
Median Sold Price
$374,933
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 40205 was $374,933 in April 2024, up 5.7% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $146K | $142K | -2.7% |
2 Bedrooms | $209.5K | $242.2K | +15.6% |
3 Bedrooms | $360.5K | $382.5K | +6.1% |
4 Bedrooms | $450K | $499K | +10.9% |
5+ Bedrooms | $870K | $619K | -28.9% |
Summary: 40205 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.7%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes decreased by 28.9%.
Housing Supply in 40205, KY
How many homes are available in 40205, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
82 | 78 | -4.9% |
Summary: The 40205 real estate market had 78 homes for sale in April 2024, a 4.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 19 | 13 | -31.6% |
3 Bedrooms | 43 | 39 | -9.3% |
4 Bedrooms | 13 | 17 | +30.8% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 40205 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 31.6%, 3 bedroom homes decreased by 9.3%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 29 | +16.0% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in 40205 in April 2024, up by 16.0% month-over-month. Of the 29 sold homes, 62% were sold under asking, 10% were sold at asking, and 28% were sold over asking.
Days on Market for 40205, KY
We’re sorry, we don't have information for this market at the moment