Is 40065, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 40065 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 40065 has remained a Seller's Market.

Key Takeaway

40065 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 40065, KY

How much do homes in 40065, KY cost?

Median Sold Price

$309,996

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,996(+5.1%)

Key Takeaway

Homes in 40065 have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in 40065 was $309,996 in November 2024, up 5.1% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $58.5K-
N/A
2 $224K$214K
-4.5%
3 $279.9K$293.9K
+5.0%
4 $339K$350K
+3.2%
5+ $490K$505K
+3.1%

Summary: 40065 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 4.5%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 3.1%.

Median Sold Price Compared To Nearby Zip Codes

40065
+5.1%
40076
-4.2%
40067
-22.2%

Housing Supply in 40065, KY

How many homes are available in 40065, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
132129-2.3%

Summary: The 40065 real estate market had 129 homes for sale in November 2024, a 2.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 98
-11.1%
3 8882
-6.8%
4 2529
+16.0%
5+ 1010
0.0%

Summary: The 40065 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 decreased by 11.1%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes increased by 16%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2723-14.8%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 40065, you may be able to get a good deal. 78.3% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 40065 in November 2024, down by 14.8% month-over-month. Of the 23 sold homes, 78% were sold under asking, 17% were sold at asking, and 4% were sold over asking.

Days on Market for 40065, KY

How long does it take to sell a home in 40065, KY?

Average Sale Time

Nov 2023Nov 2024CHANGE
14 Days20 Days+41.4%

Summary: Homes in 40065 had an average of 20 days on market in Nov 2024, up by 41.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 40065 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 23 homes were sold in 40065; 4% of homes were sold within 30 days, 4% 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 17 Days Ago

Newest Listings in 40065, KY

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