$3,384 Closing Credit*
$285,000
1,413 SqFt
4 Beds
•1 Full Bath, 1 Partial
Listing Office: Julie Pogue Properties
Is 40205, 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, 40205 has remained a Seller's Market.
Key Takeaway
40205 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 40205, KY
How much do homes in 40205, KY cost?
Median Sold Price
$382,500
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$27,500(+7.7%)
Key Takeaway
Homes in 40205 have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in 40205 was $382,500 in November 2024, up 7.7% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $142K | $138K | -2.8% |
| 2 Bedrooms | $207.5K | $231K | +11.3% |
| 3 Bedrooms | $371K | $395K | +6.5% |
| 4 Bedrooms | $500K | $531.7K | +6.3% |
| 5+ Bedrooms | $699K | $547.5K | -21.7% |
Summary: 40205 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 21.7%.
Housing Supply in 40205, KY
How many homes are available in 40205, KY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 97 | 94 | -3.1% |
Summary: The 40205 real estate market had 94 homes for sale in November 2024, a 3.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 4 | -33.3% |
| 2 Bedrooms | 20 | 15 | -25.0% |
| 3 Bedrooms | 40 | 43 | +7.5% |
| 4 Bedrooms | 25 | 24 | -4.0% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The 40205 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 24 | -22.6% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 40205, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 40205 in November 2024, down by 22.6% month-over-month. Of the 24 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for 40205, KY
We’re sorry, we don't have information for this market at the moment
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