Is 40019, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 40019 is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 40019 was a Seller's Market.

Key Takeaway

40019 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 40019, KY

How much do homes in 40019, KY cost?

Median Sold Price

$250,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$39,500(+18.8%)

Key Takeaway

Homes in 40019 have sold for 18.8% more than they did a year ago.

Summary: The median home sold price in 40019 was $250,000 in December 2024, up 18.8% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $51.4K$300K
+483.1%
2 $165K$171.2K
+3.8%
3 $214.9K$250K
+16.3%
4 $299K$290.4K
-2.9%
5+ $337.5K$540.7K
+60.2%

Summary: 40019 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 483.1%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 16.3%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 60.2%.

Housing Supply in 40019, KY

How many homes are available in 40019, KY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2120-4.8%

Summary: The 40019 real estate market had 20 homes for sale in December 2024, a 4.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1210
-16.7%
4 68
+33.3%
5+ 11
0.0%

Summary: The 40019 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 40019, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 40019 in December 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 40019, KY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 40019, KY

Nearby Markets to 40019, KY