Is 40210, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 40210 is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 40210 was a Seller's Market.

Key Takeaway

40210 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 40210, KY

How much do homes in 40210, KY cost?

Median Sold Price

$89,250

$79/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$19,300(+27.6%)

Key Takeaway

Homes in 40210 have sold for 27.6% more than they did a year ago.

Summary: The median home sold price in 40210 was $89,250 in December 2024, up 27.6% from last year, and the median price per square foot was $79.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $35.5K$32.5K
-8.5%
2 $60K$66.2K
+10.4%
3 $98.7K$108.3K
+9.7%
4 $121.2K$132.5K
+9.3%
5+ $131.3K$135K
+2.8%

Summary: 40210 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.5%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 2.8%.

Median Sold Price Compared To Nearby Zip Codes

40210
+27.6%
40211
+15.9%
40208
+9.9%
40216
+9.5%
40203
-0.5%

Housing Supply in 40210, KY

How many homes are available in 40210, KY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4748+2.1%

Summary: The 40210 real estate market had 48 homes for sale in December 2024, a 2.1% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 10
-100.0%
2 2219
-13.6%
3 1317
+30.8%
4 911
+22.2%
5+ 21
-50.0%

Summary: The 40210 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 13.6%, 3 bedroom homes increased by 30.8%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
127-41.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 40210, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 40210 in December 2024, down by 41.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.

Days on Market for 40210, KY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Newest Listings in 40210, KY

Nearby Markets to 40210, KY