40037 Housing Market Report May 2025•Marion County, Kentucky

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Housing Prices in 40037, KY

How much do homes in 40037, KY cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$219,900$134/SqFt
-$110,000
-33.3%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 40037 has decreased by 33.3% since last year.

Summary: The median home list price in 40037 was $219,900 in May 2025, down 33.3% from the previous year, and the median price per square foot was $134.

Median List Price By Zip Codes

Median List Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
40051
+10.7%
40037
-33.3%
40060
-33.6%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1--
N/A
2$335K$134.9K
-59.7%
3$275K$35.5K
-87.1%
4-$225K
N/A
5$594K$594K
0.0%

Summary: 40037 housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -59.7%. The home price for 3 bedroom homes decreased by -87.1%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does 40037, KY compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

40037, KY

Housing supply in 40037, KY

How many homes are available in 40037, KY?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
3Last MonthMay 2025
32 months agoApr 2025
0.0 %
Change MoMApr – May

Summary: The 40037 real estate market had 3 homes for sale in May 2025, the same as Apr 2025

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
100
0.0%
211
0.0%
322
0.0%
400
0.0%
500
0.0%

Summary: 40037 housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 40037, KY cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price0 Home

Insight

If you're buying a home in 40037, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 40037 in May 2025, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.

Days on Market for 40037, KY

How long does it take to sell a home in 40037, KY?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
118 DaysThis YearMay 2025
422 Days1 year agoMay 2024
-71.9 %
Change YoYMay 2024 – May 2025

Summary: Homes in 40037 had an average listing age of 118 days in May 2025, down by 71.9% compared to the previous year.

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Newest Listings in 40037, KY

What homes are available in 40037, KY?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from Metro Search MLS, for the period 06/01/2023 - 06/01/2025

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX 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. Information deemed reliable but not guaranteed. Copyright © 2025 Metro Search, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/16/2025, 9:40:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.