Is 40068, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 40068 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 40068 was a Seller's Market.

Key Takeaway

40068 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 40068, KY

How much do homes in 40068, KY cost?

Median Sold Price

$460,000

$269/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$39,750(+9.5%)

Key Takeaway

Homes in 40068 have sold for 9.5% more than they did a month ago.

Summary: The median home sold price in 40068 was $460,000 in November 2024, up 9.5% from last month, and the median price per square foot was $269.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $375K-
N/A
4 $465.5K$460K
-1.2%
5+ --
N/A

Summary: 40068 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes did not change.

Housing Supply in 40068, KY

How many homes are available in 40068, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
129-25.0%

Summary: The 40068 real estate market had 9 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 66
0.0%
4 52
-60.0%
5+ 00
0.0%

Summary: The 40068 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 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 40068, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 40068 in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 40068, 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 21 Days Ago

Newest Listings in 40068, KY

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