Is 40222, 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, 40222 has remained a Seller's Market.
Housing Prices in 40222, KY
How much do homes in 40222, KY cost?
Median Sold Price
$351,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 40222 was $351,000 in April 2024, up 3.2% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $105K | $113.9K | +8.5% |
2 Bedrooms | $209K | $232K | +11.0% |
3 Bedrooms | $329.9K | $326K | -1.2% |
4 Bedrooms | $475.7K | $457.3K | -3.9% |
5+ Bedrooms | $1.2M | $731.2K | -43.0% |
Summary: 40222 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.5%, 2 bedroom homes increased by 11%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes decreased by 43%.
Housing Supply in 40222, KY
How many homes are available in 40222, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
69 | 67 | -2.9% |
Summary: The 40222 real estate market had 67 homes for sale in April 2024, a 2.9% decrease 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 | 3 | 2 | -33.3% |
3 Bedrooms | 35 | 30 | -14.3% |
4 Bedrooms | 24 | 27 | +12.5% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 40222 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 decreased by 33.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 26 | +62.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in 40222 in April 2024, up by 62.5% month-over-month. Of the 26 sold homes, 38% were sold under asking, 31% were sold at asking, and 31% were sold over asking.
Days on Market for 40222, KY
We’re sorry, we don't have information for this market at the moment