#2814733, Amanda Renee' Griffis,MRP, Listing Office: Grateful Acres Realty
40228 Housing Market Report March 2025•Jefferson County, Kentucky
Housing Prices in 40228, KY
How much do homes in 40228, KY cost?
Housing Market Conditions
Is 40228, KY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
40228 is a Seller's Market
Difference Since March 2024
Since last year, 40228 has remained a Seller's Market.
40228 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 40228 have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in 40228 was $261,166 in March 2025, up 7.6% from last year, and the median price per square foot was $177.
Median Sold Price By Bedrooms
Beds | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $156K | N/A |
22 Bedrooms | $179.9K | $190K | +5.6% |
33 Bedrooms | $262.5K | $265K | +0.9% |
44 Bedrooms | $315.5K | $325K | +3.0% |
55+ Bedrooms | $337K | $407.5K | +20.9% |
Summary: 40228 housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +5.6%. The home price for 3 bedroom homes increased by +0.9%. The home price for 4 bedroom homes increased by +3.0%. The home price for 5 bedroom homes increased by +20.9%.
How does 40228, KY compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
40228, KY
Housing supply in 40228, KY
How many homes are available in 40228, KY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
64Last MonthMar 2025 | ||
572 months agoFeb 2025 | +12.3 % Change MoMFeb – Mar |
Summary: The 40228 real estate market had 64 homes for sale in Mar 2025, a 12.3 % increase compared to Feb 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
16Last MonthMar 2025 | ||
172 months agoFeb 2025 | -5.9 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
Beds | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 15 | 16 | +6.7% |
33 Bedrooms | 24 | 24 | 0.0% |
44 Bedrooms | 16 | 18 | +12.5% |
55+ Bedrooms | 2 | 6 | +200.0% |
Summary: 40228 housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +6.7%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +12.5%. The inventory for 5 bedroom homes increased by +200.0%.
Asking Price vs. Sold Price
How much do homes in 40228, KY cost?
Over Asking Price4 Homes
At Asking Price8 Homes
Under Asking Price4 Homes
If you're buying a home in 40228, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 16 homes were sold or pending in 40228 in March 2025, down by 5.9% month-over-month. Of the 16 sold homes, 25% were sold under asking, 50% were sold at asking, and and 25% were sold over asking.
Days on Market for 40228, KY
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
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Newest Listings in 40228, KY
What homes are available in 40228, KY?
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MLS Disclaimers and Copyright
Based on information from Metro Search MLS, and RealTracs Middle Tennessee Regional MLS for the period 04/01/2023 - 04/01/2025

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/8/2025, 12:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/8/2025, 12:18:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.