Is 40330, 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, 40330 has remained a Seller's Market.
Housing Prices in 40330, KY
How much do homes in 40330, KY cost?
Median Sold Price
$229,000
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 40330 was $229,000 in April 2024, up 4.4% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $158K | $255.5K | +61.7% |
2 Bedrooms | $130K | $135K | +3.8% |
3 Bedrooms | $215K | $229K | +6.5% |
4 Bedrooms | $317K | $305K | -3.8% |
5+ Bedrooms | $299.9K | $472.4K | +57.5% |
Summary: 40330 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 61.7%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 57.5%.
Median Sold Price Compared To Nearby Zip Codes
40390 | $222.5K | $300K | +34.8% |
40330 | $219.3K | $229K | +4.4% |
40372 | $265K | $235.8K | -11.0% |
Housing Supply in 40330, KY
How many homes are available in 40330, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
72 | 86 | +19.4% |
Summary: The 40330 real estate market had 86 homes for sale in April 2024, a 19.4% 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 | 12 | 12 | 0.0% |
3 Bedrooms | 32 | 38 | +18.8% |
4 Bedrooms | 23 | 28 | +21.7% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The 40330 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 remained the same, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 23 | +91.7% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 40330 in April 2024, up by 91.7% month-over-month. Of the 23 sold homes, 52% were sold under asking, 26% were sold at asking, and 22% were sold over asking.
Days on Market for 40330, KY
How long does it take to sell a home in 40330, KY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 35 Days | -5.7% |
Summary: Homes in 40330 had an average of 35 days on market in Apr 2024, down by 5.7% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in 40330; 65% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.