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 4 Days Ago

Newest Listings in 40374, KY

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