$2,672 Closing Credit*
$225,000
860 SqFt
2 Beds
•1 Full Bath
Listing Office: White Picket Real Estate
Is 40208, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, 40208 has remained a Seller's Market.
Key Takeaway
40208 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 40208, KY
How much do homes in 40208, KY cost?
Median Sold Price
$149,000
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$19,000(+14.6%)
Key Takeaway
Homes in 40208 have sold for 14.6% more than they did a year ago.
Summary: The median home sold price in 40208 was $149,000 in September 2024, up 14.6% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137.5K | $74K | -46.2% |
| 2 Bedrooms | $101K | $131.5K | +30.2% |
| 3 Bedrooms | $131.5K | $149.2K | +13.5% |
| 4 Bedrooms | $192.5K | $251K | +30.4% |
| 5+ Bedrooms | $269.9K | $442.5K | +63.9% |
Summary: 40208 housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.2%, 2 bedroom homes increased by 30.2%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 30.4%, and 5+ bedroom homes increased by 63.9%.
Housing Supply in 40208, KY
How many homes are available in 40208, KY?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 51 | 53 | +3.9% |
Summary: The 40208 real estate market had 53 homes for sale in September 2024, a 3.9% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 13 | 15 | +15.4% |
| 3 Bedrooms | 20 | 23 | +15.0% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 40208 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 5 | 15 | +200.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 40208, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 40208 in September 2024, up by 200.0% month-over-month. Of the 15 sold homes, 53% were sold under asking, 40% were sold at asking, and 7% were sold over asking.
Days on Market for 40208, KY
We’re sorry, we don't have information for this market at the moment
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