Is 40067, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 40067 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 40067 was a Seller's Market.

Key Takeaway

40067 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 40067, KY

How much do homes in 40067, KY cost?

Median Sold Price

$350,000

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$99,950(-22.2%)

Key Takeaway

Homes in 40067 have sold for 22.2% less than they did a year ago.

Summary: The median home sold price in 40067 was $350,000 in November 2024, down 22.2% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $200K$202K
+1.0%
3 $330K$299.9K
-9.1%
4 $560K$479.5K
-14.4%
5+ $679.5K$1.0M
+55.9%

Summary: 40067 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 increased by 1%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 14.4%, and 5+ bedroom homes increased by 55.9%.

Median Sold Price Compared To Nearby Zip Codes

40065
+5.1%
40245
0.5%
40023
-3.5%
40067
-22.2%

Housing Supply in 40067, KY

How many homes are available in 40067, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1011+10.0%

Summary: The 40067 real estate market had 11 homes for sale in November 2024, a 10.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 36
+100.0%
3 12
+100.0%
4 52
-60.0%
5+ 11
0.0%

Summary: The 40067 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 increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
61-83.3%

Asking Price vs. Sold Price

1 Home Was 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 40067, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 40067 in November 2024, down by 83.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 40067, 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 4 Days Ago

Newest Listings in 40067, KY

Nearby Markets to 40067, KY