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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 40374 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 40374 was a Neutral Market.

Key Takeaway

40374 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 40374, KY

How much do homes in 40374, KY cost?

Median Sold Price

$165,000

-

Based on all homes sold in October 2024.

Difference Since Last Month

+$60,000(+57.1%)

Key Takeaway

Homes in 40374 have sold for 57.1% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$165K
N/A
3 $105K-
N/A
4 --
N/A
5+ --
N/A

Summary: 40374 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

40374
+57.1%
40360
-20.4%

Housing Supply in 40374, KY

How many homes are available in 40374, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
550.0%

Summary: The 40374 real estate market had 5 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The 40374 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 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 October 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

Sep 2024Oct 2024CHANGE
53 Days2 Days-96.2%

Summary: Homes in 40374 had an average of 2 days on market in Oct 2024, down by 96.2% 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 October 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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