$10,000 Closing Credit*
$1,325,000
5 Beds
•4 Full Baths, 1 Partial
Listing Office: RE/MAX Creative Realty
Housing Prices in 40516, KY
How much do homes in 40516, KY cost?
Median List Price
$341,000
-
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$89,050(+35.3%)
Key Takeaway
The list price of homes in 40516 has increased by 35.3% since last year.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $160K | $182.4K | +14.0% |
| 3 Bedrooms | $244.9K | $299.7K | +22.4% |
| 4 Bedrooms | $580.4K | $762.5K | +31.4% |
| 5+ Bedrooms | $1.2M | $1.3M | +11.5% |
Summary: 40516 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 22.4%, 4 bedroom homes increased by 31.4%, and 5+ bedroom homes increased by 11.5%.
Housing Supply in 40516, KY
How many homes are available in 40516, KY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Summary: The 40516 real estate market had 16 homes for sale in October 2024, a 14.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 40516 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 increased by 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 33.3%.
Days on Market for 40516, KY
How long does it take to sell a home in 40516, KY?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 200 Days | 73 Days | -63.5% |
Summary: Homes in 40516 had an average listing age of 73 days in Oct 2024, down by 63.5% compared to the previous year.
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. © 2024 LBAR Multiple Listing Service. All rights reserved.