Is 40228, 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, 40228 has remained a Seller's Market.
Housing Prices in 40228, KY
How much do homes in 40228, KY cost?
Median Sold Price
$237,500
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 40228 was $237,500 in April 2024, down 6.9% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $169K | $180K | +6.5% |
3 Bedrooms | $252K | $245K | -2.8% |
4 Bedrooms | $330K | $315K | -4.5% |
5+ Bedrooms | $370.1K | $337K | -9.0% |
Summary: 40228 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.5%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 9%.
Housing Supply in 40228, KY
How many homes are available in 40228, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
56 | 51 | -8.9% |
Summary: The 40228 real estate market had 51 homes for sale in April 2024, a 8.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 15 | 13 | -13.3% |
3 Bedrooms | 25 | 29 | +16.0% |
4 Bedrooms | 15 | 8 | -46.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 40228 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 16%, 4 bedroom homes decreased by 46.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 19 | +5.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 40228 in April 2024, up by 5.6% month-over-month. Of the 19 sold homes, 58% were sold under asking, 26% were sold at asking, and 16% were sold over asking.
Days on Market for 40228, KY
We’re sorry, we don't have information for this market at the moment