$1,478 Closing Credit*
$124,500
790 SqFt
1 Bed
•1 Full Bath
Listing Office: Obox Realty LLC
Is 40223, 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, 40223 has remained a Seller's Market.
Key Takeaway
40223 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 40223, KY
How much do homes in 40223, KY cost?
Median Sold Price
$350,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$43,050(+14.0%)
Key Takeaway
Homes in 40223 have sold for 14% more than they did a year ago.
Summary: The median home sold price in 40223 was $350,000 in November 2024, up 14% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $146K | $120K | -17.8% |
| 2 Bedrooms | $201.5K | $219.5K | +8.9% |
| 3 Bedrooms | $290K | $344.5K | +18.8% |
| 4 Bedrooms | $453K | $475.5K | +5.0% |
| 5+ Bedrooms | $932K | $768.1K | -17.6% |
Summary: 40223 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.8%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 17.6%.
Housing Supply in 40223, KY
How many homes are available in 40223, KY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 86 | 85 | -1.2% |
Summary: The 40223 real estate market had 85 homes for sale in November 2024, a 1.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 20 | 19 | -5.0% |
| 3 Bedrooms | 29 | 32 | +10.3% |
| 4 Bedrooms | 26 | 23 | -11.5% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The 40223 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 21 | 0.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 40223, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 40223 in November 2024, the same as the previous month. Of the 21 sold homes, 48% were sold under asking, 24% were sold at asking, and 29% were sold over asking.
Days on Market for 40223, KY
We’re sorry, we don't have information for this market at the moment
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