$2,909 Closing Credit*
$245,000
1,457 SqFt
3 Beds
•3 Full Baths
Listing Office: Keller Williams Louisville East
Is 40160, 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, 40160 has remained a Seller's Market.
Key Takeaway
40160 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 40160, KY
How much do homes in 40160, KY cost?
Median Sold Price
$228,500
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,750(+10.0%)
Key Takeaway
Homes in 40160 have sold for 10% more than they did a year ago.
Summary: The median home sold price in 40160 was $228,500 in November 2024, up 10% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $85K | N/A |
| 2 Bedrooms | $140K | $140.9K | +0.7% |
| 3 Bedrooms | $207.7K | $225K | +8.3% |
| 4 Bedrooms | $216.3K | $297.2K | +37.4% |
| 5+ Bedrooms | $283.8K | $293K | +3.2% |
Summary: 40160 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 0.7%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 37.4%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Zip Codes
| 40160 | $207.7K | $228.5K | +10.0% |
| 40162 | $296.2K | $319.9K | +8.0% |
| 42701 | $295K | $315K | +6.8% |
Housing Supply in 40160, KY
How many homes are available in 40160, KY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 41 | +7.9% |
Summary: The 40160 real estate market had 41 homes for sale in November 2024, a 7.9% 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 | 4 | 1 | -75.0% |
| 3 Bedrooms | 27 | 33 | +22.2% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 40160 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 decreased by 75%, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 40160, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 40160 in November 2024, up by 12.5% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.
Days on Market for 40160, KY
We’re sorry, we don't have information for this market at the moment
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