Is 40214, 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, 40214 has remained a Seller's Market.
Housing Prices in 40214, KY
How much do homes in 40214, KY cost?
Median Sold Price
$205,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 40214 was $205,000 in March 2024, up 3.2% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $56.5K | $60K | +6.2% |
2 Bedrooms | $145K | $155.7K | +7.4% |
3 Bedrooms | $200K | $216K | +8.0% |
4 Bedrooms | $247.5K | $266K | +7.5% |
5+ Bedrooms | $375K | $360.2K | -3.9% |
Summary: 40214 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.2%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 3.9%.
Housing Supply in 40214, KY
How many homes are available in 40214, KY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
132 | 145 | +9.8% |
Summary: The 40214 real estate market had 145 homes for sale in March 2024, a 9.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 6 | +50.0% |
2 Bedrooms | 26 | 23 | -11.5% |
3 Bedrooms | 72 | 76 | +5.6% |
4 Bedrooms | 23 | 32 | +39.1% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 40214 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 11.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 39.1%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 43 | +30.3% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in 40214 in March 2024, up by 30.3% month-over-month. Of the 43 sold homes, 58% were sold under asking, 28% were sold at asking, and 14% were sold over asking.
Days on Market for 40214, KY
We’re sorry, we don't have information for this market at the moment