Is 40069, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 40069 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 40069 has remained a Buyer's Market.

Key Takeaway

40069 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 40069, KY

How much do homes in 40069, KY cost?

Median Sold Price

$220,000

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$32,100(+17.1%)

Key Takeaway

Homes in 40069 have sold for 17.1% more than they did a year ago.

Summary: The median home sold price in 40069 was $220,000 in November 2024, up 17.1% from last year, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $75.7K-
N/A
2 $133K$107.7K
-19.0%
3 $208.9K$210K
0.5%
4 $315K$330K
+4.8%
5+ $169.5K$540K
+218.6%

Summary: 40069 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 19%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 218.6%.

Housing Supply in 40069, KY

How many homes are available in 40069, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2824-14.3%

Summary: The 40069 real estate market had 24 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1614
-12.5%
4 106
-40.0%
5+ 01
+100.0%

Summary: The 40069 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 50%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
71-85.7%

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 40069, 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 40069 in November 2024, down by 85.7% 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 40069, 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 40069, KY

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