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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 40068 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 40068 has remained a Seller's Market.

Key Takeaway

40068 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 40068, KY

How much do homes in 40068, KY cost?

Median Sold Price

$420,250

$233/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$12,250(-2.8%)

Key Takeaway

Homes in 40068 have sold for 2.8% less than they did a month ago.

Summary: The median home sold price in 40068 was $420,250 in October 2024, down 2.8% from last month, and the median price per square foot was $233.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$375K
N/A
4 $360K$465.5K
+29.3%
5+ $505K-
N/A

Summary: 40068 housing prices by bedroom type for October 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 increased by 29.3%, 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

Sep 2024Oct 2024CHANGE
10100.0%

Summary: The 40068 real estate market had 10 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 35
+66.7%
4 54
-20.0%
5+ 10
-100.0%

Summary: The 40068 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 40068, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 40068 in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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 20 Days Ago

Newest Listings in 40068, KY

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