$3,479 Closing Credit*
$293,000
1,451 SqFt
2 Beds
•2 Full Baths
Listing Office: 1 Percent Lists Purple Door
Is 40047, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 40047 has remained a Seller's Market.
Key Takeaway
40047 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 40047, KY
How much do homes in 40047, KY cost?
Median Sold Price
$297,500
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,000(+13.3%)
Key Takeaway
Homes in 40047 have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in 40047 was $297,500 in October 2024, up 13.3% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $239.9K | $235.1K | -2.0% |
| 3 Bedrooms | $256.9K | $288.2K | +12.2% |
| 4 Bedrooms | $375K | $370K | -1.3% |
| 5+ Bedrooms | $399.9K | $433K | +8.3% |
Summary: 40047 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 2%, 3 bedroom homes increased by 12.2%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 8.3%.
Housing Supply in 40047, KY
How many homes are available in 40047, KY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 55 | +27.9% |
Summary: The 40047 real estate market had 55 homes for sale in October 2024, a 27.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 31 | 39 | +25.8% |
| 4 Bedrooms | 10 | 14 | +40.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 40047 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 increased by 25.8%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 14 | +75.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 40047, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 40047 in October 2024, up by 75.0% month-over-month. Of the 14 sold homes, 64% were sold under asking, 21% were sold at asking, and 14% were sold over asking.
Days on Market for 40047, KY
We’re sorry, we don't have information for this market at the moment
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