$3,266 Closing Credit*
$275,000
922 SqFt
4 Beds
•2 Full Baths
Listing Office: RE/MAX Premier Properties
Is 40160, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$224,500
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,500(+7.9%)
Key Takeaway
Homes in 40160 have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in 40160 was $224,500 in October 2024, up 7.9% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $85K | N/A |
| 2 Bedrooms | $170K | $140K | -17.6% |
| 3 Bedrooms | $207.7K | $222K | +6.9% |
| 4 Bedrooms | $222.6K | $298K | +33.9% |
| 5+ Bedrooms | $283.8K | $293K | +3.2% |
Summary: 40160 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 decreased by 17.6%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 33.9%, and 5+ bedroom homes increased by 3.2%.
Housing Supply in 40160, KY
How many homes are available in 40160, KY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 29 | +11.5% |
Summary: The 40160 real estate market had 29 homes for sale in October 2024, a 11.5% 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 | 4 | +100.0% |
| 3 Bedrooms | 20 | 22 | +10.0% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 40160 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 increased by 100%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 40160, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 40160 in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% 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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