Is 42003, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 42003 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 42003 has remained a Seller's Market.

Key Takeaway

42003 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 42003, KY

How much do homes in 42003, KY cost?

Median Sold Price

$242,200

$129/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$52,300(+27.5%)

Key Takeaway

Homes in 42003 have sold for 27.5% more than they did a month ago.

Summary: The median home sold price in 42003 was $242,200 in April 2024, up 27.5% from last month, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 -$236.9K
N/A
2 $100.5K$78.8K
-21.5%
3 $183.9K$248.7K
+35.2%
4 $302.6K$480K
+58.6%
5+ $320K-
N/A

Summary: 42003 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 decreased by 21.5%, 3 bedroom homes increased by 35.2%, 4 bedroom homes increased by 58.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

42058
+32.1%
42003
+27.5%
42001
+18.7%

Housing Supply in 42003, KY

How many homes are available in 42003, KY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
9492-2.1%

Summary: The 42003 real estate market had 92 homes for sale in April 2024, a 2.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 23
+50.0%
2 1818
0.0%
3 4645
-2.2%
4 2222
0.0%
5+ 64
-33.3%

Summary: The 42003 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 2.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2722-18.5%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 42003, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in 42003 in April 2024, down by 18.5% month-over-month. Of the 22 sold homes, 64% were sold under asking, 14% were sold at asking, and 23% were sold over asking.

Days on Market for 42003, KY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 42003, KY

Nearby Markets to 42003, KY