$3,551 Closing Credit*
$299,000
1,845 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: EXP Realty LLC
Is 40241, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 40241 has remained a Seller's Market.
Key Takeaway
40241 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 40241, KY
How much do homes in 40241, KY cost?
Median Sold Price
$380,500
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,416(+1.7%)
Key Takeaway
Homes in 40241 have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in 40241 was $380,500 in October 2024, up 1.7% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $167.5K | $174.9K | +4.4% |
| 2 Bedrooms | $244K | $238K | -2.5% |
| 3 Bedrooms | $325K | $354.9K | +9.2% |
| 4 Bedrooms | $445K | $460.7K | +3.5% |
| 5+ Bedrooms | $636.2K | $591K | -7.1% |
Summary: 40241 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.4%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 7.1%.
Housing Supply in 40241, KY
How many homes are available in 40241, KY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 94 | 78 | -17.0% |
Summary: The 40241 real estate market had 78 homes for sale in October 2024, a 17.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 15 | 9 | -40.0% |
| 3 Bedrooms | 40 | 38 | -5.0% |
| 4 Bedrooms | 28 | 19 | -32.1% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The 40241 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 decreased by 40%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 32.1%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 29 | -17.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 40241, you could pay more than the asking price. 51.7% of homes here sold above asking price last month.
Summary: A total of 29 homes were sold or pending in 40241 in October 2024, down by 17.1% month-over-month. Of the 29 sold homes, 28% were sold under asking, 21% were sold at asking, and 52% were sold over asking.
Days on Market for 40241, KY
We’re sorry, we don't have information for this market at the moment
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