Is 40456, 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, 40456 has remained a Seller's Market.
Housing Prices in 40456, KY
How much do homes in 40456, KY cost?
Median Sold Price
$179,900
-
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 | - | - | N/A |
2 Bedrooms | $84.2K | $60K | -28.7% |
3 Bedrooms | $175K | $160K | -8.6% |
4 Bedrooms | $253.9K | $239.2K | -5.8% |
5+ Bedrooms | $240K | $630K | +162.5% |
Summary: 40456 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 28.7%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes increased by 162.5%.
Housing Supply in 40456, KY
How many homes are available in 40456, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 19 | +18.8% |
Summary: The 40456 real estate market had 19 homes for sale in April 2024, a 18.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 10 | 11 | +10.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 40456 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 100%, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 40456 in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for 40456, KY
How long does it take to sell a home in 40456, KY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 22 Days | -18.8% |
Summary: Homes in 40456 had an average of 22 days on market in Apr 2024, down by 18.8% compared to last year.
Breakdown of Home Sale Times
3 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, 4 homes were sold in 40456; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.