Is 40468, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 40468 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 40468 was a Neutral Market.

Key Takeaway

40468 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 40468, KY

How much do homes in 40468, KY cost?

Median Sold Price

$160,000

-

Based on all homes sold in October 2024.

Difference Since Last Month

-$104,950(-39.6%)

Key Takeaway

Homes in 40468 have sold for 39.6% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$160K
N/A
3 $264.9K-
N/A
4 --
N/A
5+ --
N/A

Summary: 40468 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.

Housing Supply in 40468, KY

How many homes are available in 40468, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
11110.0%

Summary: The 40468 real estate market had 11 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 33
0.0%
3 43
-25.0%
4 44
0.0%
5+ 00
0.0%

Summary: The 40468 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, 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

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 40468, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 40468 in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 40468, KY

How long does it take to sell a home in 40468, KY?

Average Sale Time

Sep 2024Oct 2024CHANGE
35 Days3 Days-91.5%

Summary: Homes in 40468 had an average of 3 days on market in Oct 2024, down by 91.5% 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 40468 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in 40468; 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 17 Days Ago

Newest Listings in 40468, KY

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