Is 42003, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 42003 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 42003 has remained a Seller's Market.

Key Takeaway

42003 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 42003, KY

How much do homes in 42003, KY cost?

Median Sold Price

$189,900

$118/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,900(+2.1%)

Key Takeaway

Homes in 42003 have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in 42003 was $189,900 in October 2024, up 2.1% from last year, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $103K$134.4K
+30.5%
2 $63.5K$104K
+63.8%
3 $180K$194.7K
+8.2%
4 $315K$282.5K
-10.3%
5+ $460K$403.5K
-12.3%

Summary: 42003 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.5%, 2 bedroom homes increased by 63.8%, 3 bedroom homes increased by 8.2%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 12.3%.

Housing Supply in 42003, KY

How many homes are available in 42003, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
113123+8.8%

Summary: The 42003 real estate market had 123 homes for sale in October 2024, a 8.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2526
+4.0%
3 5160
+17.6%
4 2626
0.0%
5+ 1111
0.0%

Summary: The 42003 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 4%, 3 bedroom homes increased by 17.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2527+8.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 42003, you may be able to get a good deal. 57.7% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in 42003 in October 2024, up by 8.0% month-over-month. Of the 26 sold homes, 58% were sold under asking, 38% were sold at asking, and 4% were sold over asking.

Days on Market for 42003, KY

We’re sorry, we don't have information for this market at the moment

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 42003, KY

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