Is 40440, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 40440 was a Buyer's Market.
Housing Prices in 40440, KY
How much do homes in 40440, KY cost?
Median Sold Price
$185,000
$228/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in 40440 was $185,000 in April 2024, down 11.9% from last month, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $245K | N/A |
3 Bedrooms | $210K | $174K | -17.1% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: 40440 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 decreased by 17.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 40440, KY
How many homes are available in 40440, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 19 | +5.6% |
Summary: The 40440 real estate market had 19 homes for sale in April 2024, a 5.6% 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 | 4 | 5 | +25.0% |
3 Bedrooms | 14 | 13 | -7.1% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 40440 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 25%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 40440 in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 40440, KY
How long does it take to sell a home in 40440, KY?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
59 Days | 96 Days | +62.2% |
Summary: Homes in 40440 had an average of 96 days on market in Apr 2024, up by 62.2% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in 40440; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.