#1683671, Listing Office: Real Broker, LLC
40229 Housing Market Report March 2025•Jefferson County, Kentucky
Housing Prices in 40229, KY
How much do homes in 40229, KY cost?
Housing Market Conditions
Is 40229, KY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
40229 is a Seller's Market
Difference Since March 2024
Since last year, 40229 has remained a Seller's Market.
40229 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 40229 have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in 40229 was $255,500 in March 2025, up 1.8% from last year, and the median price per square foot was $190.
Median Sold Price By Bedrooms
Beds | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $166K | - | N/A |
22 Bedrooms | $187.4K | $204.6K | +9.2% |
33 Bedrooms | $235K | $243.7K | +3.7% |
44 Bedrooms | $330K | $339.3K | +2.8% |
55+ Bedrooms | $395K | $359K | -9.1% |
Summary: 40229 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 +9.2%. The home price for 3 bedroom homes increased by +3.7%. The home price for 4 bedroom homes increased by +2.8%. The home price for 5 bedroom homes decreased by -9.1%.
How does 40229, KY compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
40229, KY
Housing supply in 40229, KY
How many homes are available in 40229, KY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
142Last MonthMar 2025 | ||
1262 months agoFeb 2025 | +12.7 % Change MoMFeb – Mar |
Summary: The 40229 real estate market had 142 homes for sale in Mar 2025, a 12.7 % increase compared to Feb 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
36Last MonthMar 2025 | ||
362 months agoFeb 2025 | 0.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
Beds | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 1 | 0.0% |
22 Bedrooms | 14 | 11 | -21.4% |
33 Bedrooms | 73 | 89 | +21.9% |
44 Bedrooms | 33 | 32 | -3.0% |
55+ Bedrooms | 5 | 9 | +80.0% |
Summary: 40229 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 decreased by -21.4%. The inventory for 3 bedroom homes increased by +21.9%. The inventory for 4 bedroom homes decreased by -3.0%. The inventory for 5 bedroom homes increased by +80.0%.
Asking Price vs. Sold Price
How much do homes in 40229, KY cost?
Over Asking Price11 Homes
At Asking Price16 Homes
Under Asking Price9 Homes
If you're buying a home in 40229, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.
Summary: A total of 36 homes were sold or pending in 40229 in March 2025, the same as the previous month. Of the 36 sold homes, 25% were sold under asking, 44% were sold at asking, and and 31% were sold over asking.
Days on Market for 40229, KY
How long does it take to sell a home in 40229, KY?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days0 Home
Many homes in 40229 are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 36 homes were sold in 40229; 3% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
12 DaysThis YearMar 2025 | ||
0 Days1 year agoMar 2024 | 0.0 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in 40229 had an average listing age of 12 days in Mar 2025, down by .0% compared to the previous year.
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Newest Listings in 40229, KY
What homes are available in 40229, KY?
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MLS Disclaimers and Copyright
Based on information from Metro Search MLS, and Imagine 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.

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, 12:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.