$1,900 Closing Credit*
$159,999
1,073 SqFt
3 Beds
•1 Full Bath
Listing Office: DREAM J P Pirtle REALTORS
Is 40118, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 40118 has remained a Seller's Market.
Key Takeaway
40118 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 40118, KY
How much do homes in 40118, KY cost?
Median Sold Price
$215,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+13.2%)
Key Takeaway
Homes in 40118 have sold for 13.2% more than they did a year ago.
Summary: The median home sold price in 40118 was $215,000 in November 2024, up 13.2% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $136.8K | $145K | +6.0% |
| 2 Bedrooms | $140K | $182K | +30.0% |
| 3 Bedrooms | $205.5K | $225K | +9.5% |
| 4 Bedrooms | $290K | $235K | -19.0% |
| 5+ Bedrooms | $223K | $185K | -17.0% |
Summary: 40118 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes decreased by 17%.
Housing Supply in 40118, KY
How many homes are available in 40118, KY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Summary: The 40118 real estate market had 15 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 40118 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 40118, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 40118 in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 40118, KY
We’re sorry, we don't have information for this market at the moment
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