Is 40218, 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, 40218 has remained a Seller's Market.
Housing Prices in 40218, KY
How much do homes in 40218, KY cost?
Median Sold Price
$205,750
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 40218 was $205,750 in April 2024, up 9.7% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $66K | $62.5K | -5.3% |
2 Bedrooms | $122.2K | $128K | +4.7% |
3 Bedrooms | $205K | $225K | +9.8% |
4 Bedrooms | $246.7K | $256K | +3.7% |
5+ Bedrooms | $308K | $247K | -19.8% |
Summary: 40218 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.3%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 19.8%.
Housing Supply in 40218, KY
How many homes are available in 40218, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
61 | 67 | +9.8% |
Summary: The 40218 real estate market had 67 homes for sale in April 2024, a 9.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 9 | +28.6% |
2 Bedrooms | 15 | 16 | +6.7% |
3 Bedrooms | 31 | 33 | +6.5% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 40218 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 6.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 19 | -13.6% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 40218 in April 2024, down by 13.6% month-over-month. Of the 19 sold homes, 47% were sold under asking, 16% were sold at asking, and 37% were sold over asking.
Days on Market for 40218, KY
We’re sorry, we don't have information for this market at the moment