Is 40075, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 40075 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 40075 has remained a Seller's Market.

Key Takeaway

40075 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 40075, KY

How much do homes in 40075, KY cost?

Median Sold Price

$232,250

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$56,250(+32.0%)

Key Takeaway

Homes in 40075 have sold for 32% more than they did a year ago.

Summary: The median home sold price in 40075 was $232,250 in December 2024, up 32% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$185K
N/A
2 --
N/A
3 $165K$184.7K
+12.0%
4 -$256.5K
N/A
5+ $407.4K-
N/A

Summary: 40075 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 did not change, 3 bedroom homes increased by 12%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

40075
+32.0%
40011
+23.9%
41008
-16.0%

Housing Supply in 40075, KY

How many homes are available in 40075, KY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
35+66.7%

Summary: The 40075 real estate market had 5 homes for sale in December 2024, a 66.7% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 13
+200.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 40075 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 remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

2 Homes Were 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 40075, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 40075 in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 40075, 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 2 Days Ago

Newest Listings in 40075, KY

Nearby Markets to 40075, KY