$5,283 Closing Credit*
$444,900
2,330 SqFt
3 Beds
•3 Full Baths, 1 Partial
Listing Office: THINK Real Estate LLC
Is 40205, 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, 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
$385,000
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+8.5%)
Key Takeaway
Homes in 40205 have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in 40205 was $385,000 in October 2024, up 8.5% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $141K | $152K | +7.8% |
| 2 Bedrooms | $200K | $232K | +16.0% |
| 3 Bedrooms | $371K | $396.7K | +6.9% |
| 4 Bedrooms | $499K | $530K | +6.2% |
| 5+ Bedrooms | $697K | $602.5K | -13.6% |
Summary: 40205 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.8%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes decreased by 13.6%.
Housing Supply in 40205, KY
How many homes are available in 40205, KY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 103 | 101 | -1.9% |
Summary: The 40205 real estate market had 101 homes for sale in October 2024, a 1.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 17 | 19 | +11.8% |
| 3 Bedrooms | 49 | 41 | -16.3% |
| 4 Bedrooms | 26 | 27 | +3.8% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The 40205 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 11.8%, 3 bedroom homes decreased by 16.3%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 26 | -16.1% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 40205, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 40205 in October 2024, down by 16.1% month-over-month. Of the 26 sold homes, 50% were sold under asking, 27% were sold at asking, and 23% 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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