Is 40245, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 40245 has remained a Seller's Market.
Housing Prices in 40245, KY
How much do homes in 40245, KY cost?
Median Sold Price
$456,203
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 40245 was $456,203 in March 2024, up 1.2% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $325K | $326K | 0.3% |
3 Bedrooms | $365K | $372.5K | +2.1% |
4 Bedrooms | $484.7K | $464.9K | -4.1% |
5+ Bedrooms | $610K | $637.7K | +4.5% |
Summary: 40245 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 4.5%.
Housing Supply in 40245, KY
How many homes are available in 40245, KY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
125 | 143 | +14.4% |
Summary: The 40245 real estate market had 143 homes for sale in March 2024, a 14.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 45 | 48 | +6.7% |
4 Bedrooms | 49 | 61 | +24.5% |
5+ Bedrooms | 24 | 26 | +8.3% |
Summary: The 40245 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 24.5%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
28 | 36 | +28.6% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in 40245 in March 2024, up by 28.6% month-over-month. Of the 36 sold homes, 53% were sold under asking, 31% were sold at asking, and 17% were sold over asking.
Days on Market for 40245, KY
We’re sorry, we don't have information for this market at the moment