Is 40374, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 40374 is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, 40374 has remained a Neutral Market.

Key Takeaway

40374 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 40374, KY

How much do homes in 40374, KY cost?

Median Sold Price

$146,300

-

Based on all homes sold in November 2024.

Difference Since Last Month

-$18,700(-11.3%)

Key Takeaway

Homes in 40374 have sold for 11.3% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $165K-
N/A
3 -$146.3K
N/A
4 --
N/A
5+ --
N/A

Summary: 40374 housing prices by bedroom type for November 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

40360
+57.5%
40374
-11.3%

Housing Supply in 40374, KY

How many homes are available in 40374, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
660.0%

Summary: The 40374 real estate market had 6 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 34
+33.3%
4 22
0.0%
5+ 00
0.0%

Summary: The 40374 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 40374, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 40374 in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 40374, KY

How long does it take to sell a home in 40374, KY?

Average Sale Time

Oct 2024Nov 2024CHANGE
2 Days25 Days+1150.0%

Summary: Homes in 40374 had an average of 25 days on market in Nov 2024, up by 1150% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 40374 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in 40374; 100% of homes were sold within 30 days, 0% 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 40374, KY

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