$2,600,000
9,766 SqFt
6 Beds
•6 Full Baths, 3 Partial
Listing Office: Lenihan Sotheby's International Realty
Is 40241, 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, 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
$386,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,916(+3.2%)
Key Takeaway
Homes in 40241 have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in 40241 was $386,000 in November 2024, up 3.2% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $167.5K | $174.9K | +4.4% |
| 2 Bedrooms | $244.7K | $239.5K | -2.1% |
| 3 Bedrooms | $331.5K | $350.5K | +5.7% |
| 4 Bedrooms | $452.5K | $462.7K | +2.3% |
| 5+ Bedrooms | $648.7K | $595K | -8.3% |
Summary: 40241 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.4%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 8.3%.
Housing Supply in 40241, KY
How many homes are available in 40241, KY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 77 | 67 | -13.0% |
Summary: The 40241 real estate market had 67 homes for sale in November 2024, a 13.0% 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 | 8 | 7 | -12.5% |
| 3 Bedrooms | 38 | 32 | -15.8% |
| 4 Bedrooms | 21 | 19 | -9.5% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The 40241 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 12.5%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 19 | -38.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 40241, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 40241 in November 2024, down by 38.7% month-over-month. Of the 19 sold homes, 53% were sold under asking, 11% were sold at asking, and 37% 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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