$2,849 Closing Credit*
$239,900
1,248 SqFt
3 Beds
•2 Full Baths
Listing Office: Cedar Hill Properties
Is 40108, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 40108 was a Neutral Market.
Key Takeaway
40108 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 40108, KY
How much do homes in 40108, KY cost?
Median Sold Price
$290,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$100(0.0%)
Key Takeaway
The sold price of homes in 40108 has remained the same since last year.
Summary: The median home sold price in 40108 was $290,000 in November 2024, the same as last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $172.9K | $202K | +16.8% |
| 3 Bedrooms | $285K | $285K | 0.0% |
| 4 Bedrooms | $365K | $345K | -5.5% |
| 5+ Bedrooms | $445.9K | $459.9K | +3.1% |
Summary: 40108 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 increased by 16.8%, 3 bedroom homes did not change, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes increased by 3.1%.
Median Sold Price Compared To Nearby Zip Codes
| 40117 | $217.5K | $275K | +26.4% |
| 40108 | $289.9K | $290K | 0.0% |
Housing Supply in 40108, KY
How many homes are available in 40108, KY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 46 | 51 | +10.9% |
Summary: The 40108 real estate market had 51 homes for sale in November 2024, a 10.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 29 | 30 | +3.4% |
| 4 Bedrooms | 15 | 14 | -6.7% |
| 5+ Bedrooms | 1 | 5 | +400.0% |
Summary: The 40108 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 100%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 400%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 40108, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 40108 in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for 40108, KY
We’re sorry, we don't have information for this market at the moment
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