$4,809 Closing Credit*
$405,000
1,922 SqFt
3 Beds
•3 Full Baths
Listing Office: Demaree & Hubbard
Is 40008, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 40008 has remained a Seller's Market.
Key Takeaway
40008 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 40008, KY
How much do homes in 40008, KY cost?
Median Sold Price
$240,975
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$19,825(+9.0%)
Key Takeaway
Homes in 40008 have sold for 9% more than they did a year ago.
Summary: The median home sold price in 40008 was $240,975 in October 2024, up 9% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | $290K | +41.5% |
| 2 Bedrooms | $220.3K | $187K | -15.1% |
| 3 Bedrooms | $215.9K | $240.9K | +11.6% |
| 4 Bedrooms | $319.2K | $287.6K | -9.9% |
| 5+ Bedrooms | $344.5K | $650K | +88.7% |
Summary: 40008 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.5%, 2 bedroom homes decreased by 15.1%, 3 bedroom homes increased by 11.6%, 4 bedroom homes decreased by 9.9%, and 5+ bedroom homes increased by 88.7%.
Median Sold Price Compared To Nearby Zip Codes
| 40008 | $221.1K | $240.9K | +9.0% |
| 40071 | $369K | $360K | -2.4% |
Housing Supply in 40008, KY
How many homes are available in 40008, KY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Summary: The 40008 real estate market had 17 homes for sale in October 2024, a 13.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 40008 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 40008, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 40008 in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 40008, KY
We’re sorry, we don't have information for this market at the moment
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