$3,788 Closing Credit*
$319,000
1,870 SqFt
4 Beds
•1 Full Bath, 1 Partial
Listing Office: Semonin REALTORS
Is 40242, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 40242 was a Buyer's Market.
Key Takeaway
40242 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 40242, KY
How much do homes in 40242, KY cost?
Median Sold Price
$330,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+8.2%)
Key Takeaway
Homes in 40242 have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in 40242 was $330,000 in November 2024, up 8.2% 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 | - | - | N/A |
| 2 Bedrooms | $200K | $230K | +15.0% |
| 3 Bedrooms | $276.5K | $295K | +6.7% |
| 4 Bedrooms | $382K | $381.5K | -0.1% |
| 5+ Bedrooms | $418.7K | $405K | -3.3% |
Summary: 40242 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 15%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 3.3%.
Housing Supply in 40242, KY
How many homes are available in 40242, KY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 34 | -5.6% |
Summary: The 40242 real estate market had 34 homes for sale in November 2024, a 5.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 16 | 13 | -18.8% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 40242 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 40242, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 40242 in November 2024, down by 27.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 40242, KY
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. All Rights Reserved.