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 October 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

$242,000

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$28,100(+13.1%)

Key Takeaway

Homes in 40019 have sold for 13.1% more than they did a year ago.

Summary: The median home sold price in 40019 was $242,000 in October 2024, up 13.1% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $28K$187.4K
+569.5%
2 $198K$172.8K
-12.7%
3 $219.4K$230K
+4.8%
4 $294K$290.4K
-1.2%
5+ $337.5K$540.7K
+60.2%

Summary: 40019 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 569.5%, 2 bedroom homes decreased by 12.7%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 60.2%.

Median Sold Price Compared To Nearby Zip Codes

40050
+32.7%
40019
+13.1%
40057
+6.2%

Housing Supply in 40019, KY

How many homes are available in 40019, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1718+5.9%

Summary: The 40019 real estate market had 18 homes for sale in October 2024, a 5.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1110
-9.1%
4 46
+50.0%
5+ 01
+100.0%

Summary: The 40019 housing inventory by bedroom type for October 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 9.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 40019, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 40019 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 40019, KY

How long does it take to sell a home in 40019, KY?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 40019 has remained consistent over time.

Summary: During October 2024, 2 homes were sold in 40019; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 24 Days Ago

Newest Listings in 40019, KY

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