Is 40258, 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, 40258 has remained a Seller's Market.
Key Takeaway
40258 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 40258, KY
How much do homes in 40258, KY cost?
Median Sold Price
$208,300
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 40258 have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in 40258 was $208,300 in March 2024, up 9.6% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $141K | $152K | +7.8% |
| 2 Bedrooms | $154K | $171.2K | +11.2% |
| 3 Bedrooms | $194.2K | $210K | +8.1% |
| 4 Bedrooms | $225K | $230K | +2.2% |
| 5+ Bedrooms | $319.9K | $267.5K | -16.4% |
Summary: 40258 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.8%, 2 bedroom homes increased by 11.2%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 16.4%.
Housing Supply in 40258, KY
How many homes are available in 40258, KY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 88 | 96 | +9.1% |
Summary: The 40258 real estate market had 96 homes for sale in March 2024, a 9.1% 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 | 11 | 17 | +54.5% |
| 3 Bedrooms | 67 | 69 | +3.0% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 40258 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 54.5%, 3 bedroom homes increased by 3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 38 | +65.2% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 40258, you may be able to get a good deal. 36.8% of homes here sold below asking price last month.
Summary: A total of 38 homes were sold or pending in 40258 in March 2024, up by 65.2% month-over-month. Of the 38 sold homes, 37% were sold under asking, 32% were sold at asking, and 32% were sold over asking.
Days on Market for 40258, KY
We’re sorry, we don't have information for this market at the moment
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