$2,672 Closing Credit*
$225,000
3 Beds
•2 Full Baths
Listing Office: EXP Realty, LLC
Is 40360, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 40360 was a Seller's Market.
Key Takeaway
40360 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 40360, KY
How much do homes in 40360, KY cost?
Median Sold Price
$171,000
-
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$21,000(+14.0%)
Key Takeaway
Homes in 40360 have sold for 14% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $84.3K | N/A |
| 2 Bedrooms | $117.5K | $164.9K | +40.3% |
| 3 Bedrooms | $150K | $184K | +22.7% |
| 4 Bedrooms | $206.7K | $171K | -17.3% |
| 5+ Bedrooms | $235K | $422.5K | +79.8% |
Summary: 40360 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 40.3%, 3 bedroom homes increased by 22.7%, 4 bedroom homes decreased by 17.3%, and 5+ bedroom homes increased by 79.8%.
Housing Supply in 40360, KY
How many homes are available in 40360, KY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 32 | 30 | -6.3% |
Summary: The 40360 real estate market had 30 homes for sale in December 2024, a 6.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 40360 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 40360, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 40360 in December 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 40360, KY
How long does it take to sell a home in 40360, KY?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 47 Days | 21 Days | -55.1% |
Summary: Homes in 40360 had an average of 21 days on market in Dec 2024, down by 55.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 40360 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in 40360; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) 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. © 2025 LBAR Multiple Listing Service. All rights reserved.