Is 40353, 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, 40353 has remained a Seller's Market.
Housing Prices in 40353, KY
How much do homes in 40353, KY cost?
Median Sold Price
$211,250
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 40353 was $211,250 in April 2024, down 0.8% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $160K | $125K | -21.9% |
3 Bedrooms | $205K | $207.5K | +1.2% |
4 Bedrooms | $239K | $240K | 0.4% |
5+ Bedrooms | $314.9K | $465K | +47.6% |
Summary: 40353 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.9%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 47.6%.
Median Sold Price Compared To Nearby Zip Codes
40337 | $190K | $209.9K | +10.5% |
40353 | $213K | $211.2K | -0.8% |
40360 | $155K | $152K | -1.9% |
Housing Supply in 40353, KY
How many homes are available in 40353, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
44 | 43 | -2.3% |
Summary: The 40353 real estate market had 43 homes for sale in April 2024, a 2.3% decrease 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 | 3 | 4 | +33.3% |
3 Bedrooms | 26 | 26 | 0.0% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The 40353 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 10 | -16.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 40353 in April 2024, down by 16.7% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for 40353, KY
How long does it take to sell a home in 40353, KY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
53 Days | 54 Days | +0.5% |
Summary: Homes in 40353 had an average of 54 days on market in Apr 2024, up by 0.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in 40353; 30% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.