Is 40243, 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, 40243 has remained a Seller's Market.
Housing Prices in 40243, KY
How much do homes in 40243, KY cost?
Median Sold Price
$339,500
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 40243 was $339,500 in April 2024, up 13.2% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $110K | $132.5K | +20.5% |
2 Bedrooms | $205K | $221K | +7.8% |
3 Bedrooms | $301.5K | $352K | +16.7% |
4 Bedrooms | $395K | $397.5K | +0.6% |
5+ Bedrooms | $472.5K | $469K | -0.7% |
Summary: 40243 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.5%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes decreased by 0.7%.
Housing Supply in 40243, KY
How many homes are available in 40243, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 39 | +18.2% |
Summary: The 40243 real estate market had 39 homes for sale in April 2024, a 18.2% increase 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 | 9 | 5 | -44.4% |
3 Bedrooms | 15 | 23 | +53.3% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 40243 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 44.4%, 3 bedroom homes increased by 53.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 17 | +88.9% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
8 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 40243 in April 2024, up by 88.9% month-over-month. Of the 17 sold homes, 6% were sold under asking, 47% were sold at asking, and 47% were sold over asking.
Days on Market for 40243, KY
We’re sorry, we don't have information for this market at the moment