$3,313 Closing Credit*
$279,000
1,527 SqFt
3 Beds
•3 Full Baths
Listing Office: United Real Estate Louisville
Is 40218, 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, 40218 has remained a Seller's Market.
Key Takeaway
40218 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 40218, KY
How much do homes in 40218, KY cost?
Median Sold Price
$210,375
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,375(+7.9%)
Key Takeaway
Homes in 40218 have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in 40218 was $210,375 in November 2024, up 7.9% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $47.5K | $65K | +36.8% |
| 2 Bedrooms | $127K | $125K | -1.6% |
| 3 Bedrooms | $217K | $230.7K | +6.3% |
| 4 Bedrooms | $244.9K | $280K | +14.3% |
| 5+ Bedrooms | $275K | $215K | -21.8% |
Summary: 40218 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.8%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 21.8%.
Housing Supply in 40218, KY
How many homes are available in 40218, KY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 89 | 78 | -12.4% |
Summary: The 40218 real estate market had 78 homes for sale in November 2024, a 12.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 15 | 15 | 0.0% |
| 3 Bedrooms | 56 | 45 | -19.6% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 40218 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 19.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 26 | -7.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 40218, 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 40218 in November 2024, down by 7.1% month-over-month. Of the 26 sold homes, 42% were sold under asking, 15% were sold at asking, and 42% were sold over asking.
Days on Market for 40218, KY
We’re sorry, we don't have information for this market at the moment
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