$2,731 Closing Credit*
$230,000
1,305 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Knob & Key Realty, LLC
Is 40228, 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, 40228 has remained a Seller's Market.
Key Takeaway
40228 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 40228, KY
How much do homes in 40228, KY cost?
Median Sold Price
$259,900
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,900(+6.1%)
Key Takeaway
Homes in 40228 have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in 40228 was $259,900 in November 2024, up 6.1% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $156K | N/A |
| 2 Bedrooms | $168K | $189.4K | +12.8% |
| 3 Bedrooms | $251K | $265K | +5.6% |
| 4 Bedrooms | $320K | $349.9K | +9.3% |
| 5+ Bedrooms | $379.9K | $400K | +5.3% |
Summary: 40228 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 5.3%.
Housing Supply in 40228, KY
How many homes are available in 40228, KY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 74 | 70 | -5.4% |
Summary: The 40228 real estate market had 70 homes for sale in November 2024, a 5.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 16 | 15 | -6.3% |
| 3 Bedrooms | 32 | 29 | -9.4% |
| 4 Bedrooms | 21 | 21 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 40228 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 decreased by 6.3%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 18 | -18.2% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 40228, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 40228 in November 2024, down by 18.2% month-over-month. Of the 18 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for 40228, KY
We’re sorry, we don't have information for this market at the moment
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