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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 40067 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 40067 has remained a Seller's Market.

Key Takeaway

40067 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 40067, KY

How much do homes in 40067, KY cost?

Median Sold Price

$373,750

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$31,250(-7.7%)

Key Takeaway

Homes in 40067 have sold for 7.7% less than they did a year ago.

Summary: The median home sold price in 40067 was $373,750 in December 2024, down 7.7% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $199.5K$205K
+2.8%
3 $324K$328.5K
+1.4%
4 $555K$493K
-11.2%
5+ $785K$1.1M
+46.5%

Summary: 40067 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 11.2%, and 5+ bedroom homes increased by 46.5%.

Median Sold Price Compared To Nearby Zip Codes

40065
+4.0%
40245
+2.0%
40023
-3.8%
40067
-7.7%

Housing Supply in 40067, KY

How many homes are available in 40067, KY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1015+50.0%

Summary: The 40067 real estate market had 15 homes for sale in December 2024, a 50.0% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 23
+50.0%
4 13
+200.0%
5+ 12
+100.0%

Summary: The 40067 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 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, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in 40067 in December 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.

Days on Market for 40067, KY

How long does it take to sell a home in 40067, KY?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 40067 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 4 homes were sold in 40067; 25% of homes were sold within 30 days, 0% 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 6 Days Ago

Newest Listings in 40067, KY

Nearby Markets to 40067, KY