Is 40291, 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, 40291 has remained a Seller's Market.
Housing Prices in 40291, KY
How much do homes in 40291, KY cost?
Median Sold Price
$275,750
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 40291 was $275,750 in March 2024, down 1.6% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85.5K | $101.2K | +18.4% |
2 Bedrooms | $205K | $237.7K | +16.0% |
3 Bedrooms | $275.8K | $278.4K | +0.9% |
4 Bedrooms | $353.7K | $359.9K | +1.7% |
5+ Bedrooms | $499K | $508.2K | +1.8% |
Summary: 40291 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.4%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 1.8%.
Housing Supply in 40291, KY
How many homes are available in 40291, KY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
136 | 141 | +3.7% |
Summary: The 40291 real estate market had 141 homes for sale in March 2024, a 3.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 22 | 23 | +4.5% |
3 Bedrooms | 68 | 73 | +7.4% |
4 Bedrooms | 40 | 38 | -5.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 40291 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 4.5%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 39 | +2.6% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in 40291 in March 2024, up by 2.6% month-over-month. Of the 39 sold homes, 41% were sold under asking, 31% were sold at asking, and 28% were sold over asking.
Days on Market for 40291, KY
We’re sorry, we don't have information for this market at the moment