$3,800 Closing Credit*
$320,000
1,985 SqFt
3 Beds
•2 Full Baths
Listing Office: Metts Company REALTORS
Is 40056, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 40056 has remained a Seller's Market.
Key Takeaway
40056 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 40056, KY
How much do homes in 40056, KY cost?
Median Sold Price
$308,750
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,775(+2.9%)
Key Takeaway
Homes in 40056 have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in 40056 was $308,750 in November 2024, up 2.9% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $375K | $332.4K | -11.3% |
| 3 Bedrooms | $259.9K | $246K | -5.3% |
| 4 Bedrooms | $695.7K | $532.7K | -23.4% |
| 5+ Bedrooms | $847.5K | $868K | +2.4% |
Summary: 40056 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 decreased by 11.3%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 23.4%, and 5+ bedroom homes increased by 2.4%.
Housing Supply in 40056, KY
How many homes are available in 40056, KY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The 40056 real estate market had 10 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 40056 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 remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 40056, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 40056 in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 40056, KY
We’re sorry, we don't have information for this market at the moment
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