Is 40313, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 40313 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 40313 has remained a Seller's Market.

Key Takeaway

40313 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 40313, KY

How much do homes in 40313, KY cost?

Median Sold Price

$179,500

-

Based on all homes sold in October 2024.

Difference Since Last Month

-$41,250(-18.7%)

Key Takeaway

Homes in 40313 have sold for 18.7% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $189K$179.5K
-5.0%
4 $252.5K-
N/A
5+ --
N/A

Summary: 40313 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 40313, KY

How many homes are available in 40313, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
42-50.0%

Summary: The 40313 real estate market had 2 homes for sale in October 2024, a 50.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 10
-100.0%
5+ 00
0.0%

Summary: The 40313 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 40313, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 40313 in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 40313, KY

How long does it take to sell a home in 40313, KY?

Average Sale Time

Sep 2024Oct 2024CHANGE
3 Days44 Days+1157.1%

Summary: Homes in 40313 had an average of 44 days on market in Oct 2024, up by 1157.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 40313 has remained consistent over time.

Summary: During October 2024, 1 homes were sold in 40313; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 40313, KY

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