Is 40204, 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, 40204 has remained a Seller's Market.
Housing Prices in 40204, KY
How much do homes in 40204, KY cost?
Median Sold Price
$295,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 40204 was $295,000 in April 2024, up 1.4% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $162.5K | +4.8% |
2 Bedrooms | $249.9K | $254K | +1.6% |
3 Bedrooms | $320K | $340K | +6.2% |
4 Bedrooms | $625K | $568K | -9.1% |
5+ Bedrooms | $625K | $650K | +4.0% |
Summary: 40204 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 4%.
Housing Supply in 40204, KY
How many homes are available in 40204, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
64 | 66 | +3.1% |
Summary: The 40204 real estate market had 66 homes for sale in April 2024, a 3.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 3 | -40.0% |
2 Bedrooms | 27 | 31 | +14.8% |
3 Bedrooms | 18 | 19 | +5.6% |
4 Bedrooms | 11 | 11 | 0.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 40204 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 18 | -14.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 40204 in April 2024, down by 14.3% month-over-month. Of the 18 sold homes, 39% were sold under asking, 39% were sold at asking, and 22% were sold over asking.
Days on Market for 40204, KY
We’re sorry, we don't have information for this market at the moment