$3,349 Closing Credit*
$282,000
1,680 SqFt
2 Beds
•2 Full Baths
Listing Office: Schuler Bauer Real Estate Services ERA Powered
Is 40206, 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, 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
$295,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,750(+4.9%)
Key Takeaway
Homes in 40206 have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in 40206 was $295,000 in November 2024, up 4.9% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $183K | $160K | -12.6% |
| 2 Bedrooms | $226K | $215K | -4.9% |
| 3 Bedrooms | $334.1K | $369K | +10.4% |
| 4 Bedrooms | $485K | $499.9K | +3.1% |
| 5+ Bedrooms | $863.5K | $687.5K | -20.4% |
Summary: 40206 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.6%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 20.4%.
Housing Supply in 40206, KY
How many homes are available in 40206, KY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 78 | 65 | -16.7% |
Summary: The 40206 real estate market had 65 homes for sale in November 2024, a 16.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 30 | 29 | -3.3% |
| 3 Bedrooms | 33 | 22 | -33.3% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The 40206 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 17 | -39.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 40206, expect to pay close to the asking price. 47.1% of homes here sold near the asking price last month.
Summary: A total of 17 homes were sold or pending in 40206 in November 2024, down by 39.3% month-over-month. Of the 17 sold homes, 29% were sold under asking, 47% were sold at asking, and 24% 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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