$3,859 Closing Credit*
$325,000
1,400 SqFt
3 Beds
•2 Full Baths
Listing Office: Stonegate Realty, LLC
Is 40108, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 40108 was a Seller's 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
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,000(+1.8%)
Key Takeaway
Homes in 40108 have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in 40108 was $290,000 in October 2024, up 1.8% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $172.9K | $199K | +15.1% |
| 3 Bedrooms | $284.9K | $285K | 0.0% |
| 4 Bedrooms | $372.5K | $345K | -7.4% |
| 5+ Bedrooms | $445.9K | $459.9K | +3.1% |
Summary: 40108 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.1%, 3 bedroom homes did not change, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes increased by 3.1%.
Housing Supply in 40108, KY
How many homes are available in 40108, KY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 49 | +2.1% |
Summary: The 40108 real estate market had 49 homes for sale in October 2024, a 2.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 27 | 30 | +11.1% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 40108 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 decreased by 50%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 40108, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in 40108 in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% 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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