Is 40207, 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, 40207 has remained a Seller's Market.
Housing Prices in 40207, KY
How much do homes in 40207, KY cost?
Median Sold Price
$406,500
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 40207 was $406,500 in April 2024, up 9.9% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $101K | $108.5K | +7.4% |
2 Bedrooms | $239.2K | $225K | -6.0% |
3 Bedrooms | $377.7K | $405K | +7.2% |
4 Bedrooms | $466K | $565K | +21.2% |
5+ Bedrooms | $737.5K | $820.3K | +11.2% |
Summary: 40207 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes decreased by 6%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes increased by 11.2%.
Housing Supply in 40207, KY
How many homes are available in 40207, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
90 | 108 | +20.0% |
Summary: The 40207 real estate market had 108 homes for sale in April 2024, a 20.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 20 | 28 | +40.0% |
3 Bedrooms | 46 | 53 | +15.2% |
4 Bedrooms | 16 | 21 | +31.3% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 40207 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 29 | -3.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in 40207 in April 2024, down by 3.3% month-over-month. Of the 29 sold homes, 52% were sold under asking, 14% were sold at asking, and 34% were sold over asking.
Days on Market for 40207, KY
We’re sorry, we don't have information for this market at the moment