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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 40026 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 40026 was a Seller's Market.

Key Takeaway

40026 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 40026, KY

How much do homes in 40026, KY cost?

Median Sold Price

$495,000

$245/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$65,000(+15.1%)

Key Takeaway

Homes in 40026 have sold for 15.1% more than they did a year ago.

Summary: The median home sold price in 40026 was $495,000 in October 2024, up 15.1% from last year, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $307.5K$615K
+100.0%
3 $344K$345K
0.3%
4 $430K$497.5K
+15.7%
5+ $948.9K$1.1M
+21.6%

Summary: 40026 housing prices by bedroom type for October 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 increased by 0.3%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes increased by 21.6%.

Median Sold Price Compared To Nearby Zip Codes

40026
+15.1%
40031
+6.0%
40014
+1.0%
40059
-0.3%

Housing Supply in 40026, KY

How many homes are available in 40026, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1718+5.9%

Summary: The 40026 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 10
-100.0%
3 45
+25.0%
4 98
-11.1%
5+ 35
+66.7%

Summary: The 40026 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 100%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 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. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 40026 in October 2024, down by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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 20 Days Ago

Newest Listings in 40026, KY

Nearby Markets to 40026, KY