$3,799 Closing Credit*
$319,900
1,655 SqFt
3 Beds
•2 Full Baths
Listing Office: Keller Williams Realty- Louisville
Is 40291, 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, 40291 has remained a Seller's Market.
Key Takeaway
40291 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 40291, KY
How much do homes in 40291, KY cost?
Median Sold Price
$285,750
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,035(+3.6%)
Key Takeaway
Homes in 40291 have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in 40291 was $285,750 in October 2024, up 3.6% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $106K | $97K | -8.5% |
| 2 Bedrooms | $240K | $234K | -2.5% |
| 3 Bedrooms | $279.6K | $285.3K | +2.1% |
| 4 Bedrooms | $350K | $397.4K | +13.6% |
| 5+ Bedrooms | $516.5K | $515K | -0.3% |
Summary: 40291 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.5%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes decreased by 0.3%.
Housing Supply in 40291, KY
How many homes are available in 40291, KY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 164 | 182 | +11.0% |
Summary: The 40291 real estate market had 182 homes for sale in October 2024, a 11.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 27 | 29 | +7.4% |
| 3 Bedrooms | 86 | 93 | +8.1% |
| 4 Bedrooms | 44 | 51 | +15.9% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 40291 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 47 | +30.6% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 40291, you may be able to get a good deal. 53.2% of homes here sold below asking price last month.
Summary: A total of 47 homes were sold or pending in 40291 in October 2024, up by 30.6% month-over-month. Of the 47 sold homes, 53% were sold under asking, 30% were sold at asking, and 17% were sold over asking.
Days on Market for 40291, KY
We’re sorry, we don't have information for this market at the moment
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