$3,918 Closing Credit*
$329,900
2,000 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: RE/MAX Premier Properties
Is 40175, 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, 40175 has remained a Seller's Market.
Key Takeaway
40175 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 40175, KY
How much do homes in 40175, KY cost?
Median Sold Price
$290,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+11.5%)
Key Takeaway
Homes in 40175 have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in 40175 was $290,000 in October 2024, up 11.5% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $112.5K | $140K | +24.4% |
| 3 Bedrooms | $232K | $275K | +18.5% |
| 4 Bedrooms | $303.2K | $328.2K | +8.2% |
| 5+ Bedrooms | $355.2K | $370K | +4.2% |
Summary: 40175 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 24.4%, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 4.2%.
Median Sold Price Compared To Nearby Zip Codes
| 40175 | $260K | $290K | +11.5% |
| 40162 | $285.5K | $315K | +10.3% |
| 40160 | $208K | $224.5K | +7.9% |
Housing Supply in 40175, KY
How many homes are available in 40175, KY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 23 | -14.8% |
Summary: The 40175 real estate market had 23 homes for sale in October 2024, a 14.8% decrease 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 17 | 18 | +5.9% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 40175 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 100%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 4 | -55.6% |
Asking Price vs. Sold Price
3 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 40175, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 40175 in October 2024, down by 55.6% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 40175, KY
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. All Rights Reserved.
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