Is 40729, 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, 40729 has remained a Seller's Market.
Housing Prices in 40729, KY
How much do homes in 40729, KY cost?
Median Sold Price
$166,500
-
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 | $140K | $212.5K | +51.8% |
2 Bedrooms | $172.5K | $57.5K | -66.7% |
3 Bedrooms | $187.4K | $165K | -12.0% |
4 Bedrooms | $233K | $189.2K | -18.8% |
5+ Bedrooms | - | $204K | N/A |
Summary: 40729 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51.8%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 12%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
40447 | $144.5K | $175K | +21.1% |
40741 | $204.7K | $208.2K | +1.7% |
40729 | $180.5K | $166.5K | -7.8% |
Housing Supply in 40729, KY
How many homes are available in 40729, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 10 | -16.7% |
Summary: The 40729 real estate market had 10 homes for sale in April 2024, a 16.7% 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 | 2 | -33.3% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 40729 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
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 40729 in April 2024, the same as the previous 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 40729, KY
How long does it take to sell a home in 40729, KY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 53 Days | +33.1% |
Summary: Homes in 40729 had an average of 53 days on market in Apr 2024, up by 33.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in 40729; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.