Is 40206, 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, 40206 has remained a Seller's Market.
Housing Prices in 40206, KY
How much do homes in 40206, KY cost?
Median Sold Price
$284,333
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 40206 was $284,333 in April 2024, up 13.7% 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 | $143.5K | $162K | +12.9% |
2 Bedrooms | $196.2K | $226K | +15.2% |
3 Bedrooms | $324K | $335K | +3.4% |
4 Bedrooms | $525K | $499.9K | -4.8% |
5+ Bedrooms | $805K | $961.5K | +19.4% |
Summary: 40206 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.9%, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 19.4%.
Housing Supply in 40206, KY
How many homes are available in 40206, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
84 | 79 | -6.0% |
Summary: The 40206 real estate market had 79 homes for sale in April 2024, a 6.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 8 | -20.0% |
2 Bedrooms | 27 | 24 | -11.1% |
3 Bedrooms | 34 | 32 | -5.9% |
4 Bedrooms | 10 | 13 | +30.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 40206 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 30 | +3.4% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in 40206 in April 2024, up by 3.4% month-over-month. Of the 30 sold homes, 53% were sold under asking, 20% were sold at asking, and 27% were sold over asking.
Days on Market for 40206, KY
We’re sorry, we don't have information for this market at the moment