Is 40313, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 40313 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 40313 was a Seller's Market.

Key Takeaway

40313 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 40313, KY

How much do homes in 40313, KY cost?

Median Sold Price

$240,000

-

Based on all homes sold in April 2024.

Difference Since Last Month

+$133,750(+125.9%)

Key Takeaway

Homes in 40313 have sold for 125.9% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $106.2K$240K
+125.9%
4 --
N/A
5+ --
N/A

Summary: 40313 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 125.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 40313, KY

How many homes are available in 40313, KY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
770.0%

Summary: The 40313 real estate market had 7 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 32
-33.3%
4 22
0.0%
5+ 00
0.0%

Summary: The 40313 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 increased by 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 40313, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 40313 in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 40313, KY

How long does it take to sell a home in 40313, KY?

Average Sale Time

Mar 2024Apr 2024CHANGE
65 Days67 Days+3.1%

Summary: Homes in 40313 had an average of 67 days on market in Apr 2024, up by 3.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 40313 has remained consistent over time.

Summary: During April 2024, 1 homes were sold in 40313; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in 40313, KY

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