Is 40380, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 40380 was a Neutral Market.
Housing Prices in 40380, KY
How much do homes in 40380, KY cost?
Median Sold Price
$172,500
-
Based on all homes sold in the last 12 months.
Difference Since April 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $188K | - | N/A |
2 Bedrooms | $47.5K | $282.6K | +494.9% |
3 Bedrooms | $149K | $161K | +8.1% |
4 Bedrooms | $225K | $215K | -4.4% |
5+ Bedrooms | $277.9K | $273.7K | -1.5% |
Summary: 40380 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 increased by 494.9%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 1.5%.
Housing Supply in 40380, KY
How many homes are available in 40380, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 33 | +10.0% |
Summary: The 40380 real estate market had 33 homes for sale in April 2024, a 10.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 16 | 16 | 0.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 40380 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 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 40380 in April 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 40380, KY
How long does it take to sell a home in 40380, KY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 14 Days | +47.4% |
Summary: Homes in 40380 had an average of 14 days on market in Apr 2024, up by 47.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in 40380; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.