Is 40217, 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, 40217 has remained a Seller's Market.
Housing Prices in 40217, KY
How much do homes in 40217, KY cost?
Median Sold Price
$241,750
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 40217 was $241,750 in April 2024, up 2.9% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $185K | $152.5K | -17.6% |
2 Bedrooms | $207K | $218.7K | +5.7% |
3 Bedrooms | $260K | $265.5K | +2.1% |
4 Bedrooms | $272.5K | $300K | +10.1% |
5+ Bedrooms | $249.9K | $334K | +33.7% |
Summary: 40217 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.6%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 33.7%.
Housing Supply in 40217, KY
How many homes are available in 40217, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
50 | 56 | +12.0% |
Summary: The 40217 real estate market had 56 homes for sale in April 2024, a 12.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 1 | -80.0% |
2 Bedrooms | 19 | 20 | +5.3% |
3 Bedrooms | 20 | 32 | +60.0% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The 40217 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 80%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 60%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 16 | -5.9% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 40217 in April 2024, down by 5.9% month-over-month. Of the 16 sold homes, 38% were sold under asking, 19% were sold at asking, and 44% were sold over asking.
Days on Market for 40217, KY
We’re sorry, we don't have information for this market at the moment