Is 40033, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 40033 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 40033 has remained a Seller's Market.

Key Takeaway

40033 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 40033, KY

How much do homes in 40033, KY cost?

Median Sold Price

$180,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$28,000(-13.5%)

Key Takeaway

Homes in 40033 have sold for 13.5% less than they did a year ago.

Summary: The median home sold price in 40033 was $180,000 in October 2024, down 13.5% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $109K$80K
-26.6%
3 $208K$199K
-4.3%
4 $310K$358.7K
+15.7%
5+ $95K$220K
+131.6%

Summary: 40033 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 decreased by 26.6%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes increased by 131.6%.

Housing Supply in 40033, KY

How many homes are available in 40033, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
16160.0%

Summary: The 40033 real estate market had 16 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 99
0.0%
4 33
0.0%
5+ 22
0.0%

Summary: The 40033 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 40033, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in 40033 in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for 40033, KY

How long does it take to sell a home in 40033, KY?

Average Sale Time

Oct 2023Oct 2024CHANGE
67 Days36 Days-46.7%

Summary: Homes in 40033 had an average of 36 days on market in Oct 2024, down by 46.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were 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 40033 has remained consistent over time.

Summary: During October 2024, 5 homes were sold in 40033; 20% of homes were sold within 30 days, 40% 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 14 Days Ago

Newest Listings in 40033, KY

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