Is 40026, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 40026 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 40026 has remained a Seller's Market.

Key Takeaway

40026 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 40026, KY

How much do homes in 40026, KY cost?

Median Sold Price

$495,000

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$45,000(+10.0%)

Key Takeaway

Homes in 40026 have sold for 10% more than they did a year ago.

Summary: The median home sold price in 40026 was $495,000 in November 2024, up 10% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $307.5K$615K
+100.0%
3 $344K$340K
-1.2%
4 $430K$580K
+34.9%
5+ $995K$1.1M
+15.6%

Summary: 40026 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 34.9%, and 5+ bedroom homes increased by 15.6%.

Median Sold Price Compared To Nearby Zip Codes

40026
+10.0%
40031
+6.7%
40059
0.3%
40014
-1.3%

Housing Supply in 40026, KY

How many homes are available in 40026, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1618+12.5%

Summary: The 40026 real estate market had 18 homes for sale in November 2024, a 12.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 35
+66.7%
4 78
+14.3%
5+ 65
-16.7%

Summary: The 40026 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 40026, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 40026 in November 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 40026, 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 21 Days Ago

Newest Listings in 40026, KY

Nearby Markets to 40026, KY