Is 40212, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 40212 was a Seller's Market.
Housing Prices in 40212, KY
How much do homes in 40212, KY cost?
Median Sold Price
$85,000
$76/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 40212 was $85,000 in April 2024, up 16.4% from last year, and the median price per square foot was $76.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $35.7K | $40K | +11.9% |
2 Bedrooms | $54.5K | $70K | +28.4% |
3 Bedrooms | $86.5K | $102K | +17.9% |
4 Bedrooms | $128K | $137.5K | +7.4% |
5+ Bedrooms | $86K | $157K | +82.6% |
Summary: 40212 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.9%, 2 bedroom homes increased by 28.4%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 82.6%.
Housing Supply in 40212, KY
How many homes are available in 40212, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
71 | 80 | +12.7% |
Summary: The 40212 real estate market had 80 homes for sale in April 2024, a 12.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 26 | 22 | -15.4% |
3 Bedrooms | 29 | 38 | +31.0% |
4 Bedrooms | 11 | 12 | +9.1% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 40212 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes increased by 31%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 11 | -35.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 40212 in April 2024, down by 35.3% month-over-month. Of the 11 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% were sold over asking.
Days on Market for 40212, KY
How long does it take to sell a home in 40212, KY?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in 40212; 0% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.