$5,344 Closing Credit*
$450,000
2,815 SqFt
4 Beds
•3 Full Baths
Listing Office: DREAM J P Pirtle REALTORS
Is 40206, 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, 40206 has remained a Seller's Market.
Key Takeaway
40206 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 40206, KY
How much do homes in 40206, KY cost?
Median Sold Price
$293,250
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,250(+4.7%)
Key Takeaway
Homes in 40206 have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in 40206 was $293,250 in October 2024, up 4.7% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $182K | $160K | -12.1% |
| 2 Bedrooms | $226.3K | $215K | -5.0% |
| 3 Bedrooms | $331.6K | $359K | +8.2% |
| 4 Bedrooms | $461.2K | $500K | +8.4% |
| 5+ Bedrooms | $879.2K | $687.5K | -21.8% |
Summary: 40206 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.1%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes decreased by 21.8%.
Housing Supply in 40206, KY
How many homes are available in 40206, KY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 70 | 80 | +14.3% |
Summary: The 40206 real estate market had 80 homes for sale in October 2024, a 14.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 27 | 30 | +11.1% |
| 3 Bedrooms | 26 | 35 | +34.6% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 40206 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 34.6%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 26 | +36.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 40206, you may be able to get a good deal. 42.3% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 40206 in October 2024, up by 36.8% month-over-month. Of the 26 sold homes, 42% were sold under asking, 35% were sold at asking, and 23% were sold over asking.
Days on Market for 40206, KY
We’re sorry, we don't have information for this market at the moment
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