Is 40219, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 40219 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 40219 has remained a Seller's Market.

Key Takeaway

40219 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 40219, KY

How much do homes in 40219, KY cost?

Median Sold Price

$227,633

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,683(+4.0%)

Key Takeaway

Homes in 40219 have sold for 4% more than they did a year ago.

Summary: The median home sold price in 40219 was $227,633 in October 2024, up 4% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $68K$120K
+76.5%
2 $189K$218K
+15.3%
3 $219.3K$227.7K
+3.8%
4 $240K$252.5K
+5.2%
5+ $295K$273.9K
-7.1%

Summary: 40219 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 76.5%, 2 bedroom homes increased by 15.3%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes decreased by 7.1%.

Median Sold Price Compared To Nearby Zip Codes

40218
+10.2%
40213
+7.8%
40228
+5.0%
40219
+4.0%
40229
+0.9%

Housing Supply in 40219, KY

How many homes are available in 40219, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
99102+3.0%

Summary: The 40219 real estate market had 102 homes for sale in October 2024, a 3.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1013
+30.0%
3 6764
-4.5%
4 1720
+17.6%
5+ 44
0.0%

Summary: The 40219 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3031+3.3%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 40219, you may be able to get a good deal. 41.9% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in 40219 in October 2024, up by 3.3% month-over-month. Of the 31 sold homes, 42% were sold under asking, 32% were sold at asking, and 26% were sold over asking.

Days on Market for 40219, 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 17 Days Ago

Newest Listings in 40219, KY

Nearby Markets to 40219, KY