Is 40215, 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, 40215 has remained a Seller's Market.
Housing Prices in 40215, KY
How much do homes in 40215, KY cost?
Median Sold Price
$131,600
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 40215 was $131,600 in April 2024, up 3.8% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $96.2K | $74.5K | -22.6% |
2 Bedrooms | $106.2K | $117.5K | +10.6% |
3 Bedrooms | $146.7K | $153.5K | +4.6% |
4 Bedrooms | $155K | $161.5K | +4.2% |
5+ Bedrooms | $250K | $230K | -8.0% |
Summary: 40215 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.6%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 8%.
Housing Supply in 40215, KY
How many homes are available in 40215, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
93 | 83 | -10.8% |
Summary: The 40215 real estate market had 83 homes for sale in April 2024, a 10.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 44 | 40 | -9.1% |
3 Bedrooms | 39 | 33 | -15.4% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 40215 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 31 | -16.2% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in 40215 in April 2024, down by 16.2% month-over-month. Of the 31 sold homes, 26% were sold under asking, 32% were sold at asking, and 42% were sold over asking.
Days on Market for 40215, KY
How long does it take to sell a home in 40215, KY?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 31 homes were sold in 40215; 3% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.