Is 40258, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 40258 has remained a Seller's Market.
Housing Prices in 40258, KY
How much do homes in 40258, KY cost?
Median Sold Price
$210,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 40258 was $210,000 in May 2024, up 7.7% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | $152K | -30.9% |
2 Bedrooms | $160K | $175K | +9.4% |
3 Bedrooms | $196K | $211.9K | +8.1% |
4 Bedrooms | $225K | $235K | +4.4% |
5+ Bedrooms | $234.9K | $280K | +19.1% |
Summary: 40258 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.9%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 19.1%.
Housing Supply in 40258, KY
How many homes are available in 40258, KY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
98 | 92 | -6.1% |
Summary: The 40258 real estate market had 92 homes for sale in May 2024, a 6.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 12 | -7.7% |
3 Bedrooms | 66 | 65 | -1.5% |
4 Bedrooms | 19 | 15 | -21.1% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 40258 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
39 | 27 | -30.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in 40258 in May 2024, down by 30.8% month-over-month. Of the 27 sold homes, 19% were sold under asking, 22% were sold at asking, and 59% were sold over asking.
Days on Market for 40258, KY
We’re sorry, we don't have information for this market at the moment