Is 41049, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 41049 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 41049 has remained a Seller's Market.

Key Takeaway

41049 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 41049, KY

How much do homes in 41049, KY cost?

Median Sold Price

$123,000

-

Based on all homes sold in October 2024.

Difference Since Last Month

-$102,000(-45.3%)

Key Takeaway

Homes in 41049 have sold for 45.3% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$156K
N/A
3 $225K$90K
-60.0%
4 --
N/A
5+ --
N/A

Summary: 41049 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 decreased by 60%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

40360
-20.4%
41049
-45.3%

Housing Supply in 41049, KY

How many homes are available in 41049, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
97-22.2%

Summary: The 41049 real estate market had 7 homes for sale in October 2024, a 22.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 11
0.0%
3 41
-75.0%
4 11
0.0%
5+ 23
+50.0%

Summary: The 41049 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 decreased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were 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 41049, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 41049 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 41049, KY

How long does it take to sell a home in 41049, KY?

Average Sale Time

Sep 2024Oct 2024CHANGE
25 Days27 Days+7.1%

Summary: Homes in 41049 had an average of 27 days on market in Oct 2024, up by 7.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 41049 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 41049; 50% of homes were sold within 30 days, 50% 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 41049, KY

Nearby Markets to 41049, KY