$4,036 Closing Credit*
$339,900
1,900 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Keller Williams Louisville East
Is 40217, 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, 40217 has remained a Seller's Market.
Key Takeaway
40217 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 40217, KY
How much do homes in 40217, KY cost?
Median Sold Price
$243,250
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$3,250(+1.4%)
Key Takeaway
Homes in 40217 have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in 40217 was $243,250 in November 2024, up 1.4% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $162.4K | $135.6K | -16.6% |
| 2 Bedrooms | $217K | $225K | +3.7% |
| 3 Bedrooms | $260K | $273.4K | +5.2% |
| 4 Bedrooms | $281K | $297.9K | +6.0% |
| 5+ Bedrooms | $737.2K | $307K | -58.4% |
Summary: 40217 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.6%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 58.4%.
Housing Supply in 40217, KY
How many homes are available in 40217, KY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 71 | 64 | -9.9% |
Summary: The 40217 real estate market had 64 homes for sale in November 2024, a 9.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 29 | 24 | -17.2% |
| 3 Bedrooms | 34 | 33 | -2.9% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 40217 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 17.2%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 12 | -45.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 40217, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 40217 in November 2024, down by 45.5% month-over-month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% were sold over asking.
Days on Market for 40217, KY
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. All Rights Reserved.