#1688555, Listing Office: Kentucky Select Properties
40241 Housing Market Report May 2025•Jefferson County, Kentucky
Housing Prices in 40241, KY
How much do homes in 40241, KY cost?
Housing Market Conditions
Is 40241, KY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
40241 is a Seller's Market
Difference Since May 2024
Since last year, 40241 has remained a Seller's Market.
40241 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 40241 have sold for 6% more than they did a year ago.
Summary: The median home sold price in 40241 was $394,166 in May 2025, up 6% from last year, and the median price per square foot was $198.
Median Sold Price By Bedrooms
Beds | May 2024 | May 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $184.9K | $165K | -10.8% |
22 Bedrooms | $235K | $267.2K | +13.7% |
33 Bedrooms | $354K | $368.7K | +4.2% |
44 Bedrooms | $450K | $467.7K | +4.0% |
55+ Bedrooms | $583.4K | $623.2K | +6.8% |
Summary: 40241 housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -10.8%. The home price for 2 bedroom homes increased by +13.7%. The home price for 3 bedroom homes increased by +4.2%. The home price for 4 bedroom homes increased by +4.0%. The home price for 5 bedroom homes increased by +6.8%.
How does 40241, KY compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
40241, KY
Housing supply in 40241, KY
How many homes are available in 40241, KY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
119Last MonthMay 2025 | ||
882 months agoApr 2025 | +35.2 % Change MoMApr – May |
Summary: The 40241 real estate market had 119 homes for sale in May 2025, a 35.2 % increase compared to Apr 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
31Last MonthMay 2025 | ||
272 months agoApr 2025 | +14.8 % Change MoMApr – May |
Homes For Sale By Bedroom Count
Beds | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 3 | +200.0% |
22 Bedrooms | 18 | 22 | +22.2% |
33 Bedrooms | 36 | 42 | +16.7% |
44 Bedrooms | 24 | 42 | +75.0% |
55+ Bedrooms | 9 | 10 | +11.1% |
Summary: 40241 housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +200.0%. The inventory for 2 bedroom homes increased by +22.2%. The inventory for 3 bedroom homes increased by +16.7%. The inventory for 4 bedroom homes increased by +75.0%. The inventory for 5 bedroom homes increased by +11.1%.
Asking Price vs. Sold Price
How much do homes in 40241, KY cost?
Over Asking Price12 Homes
At Asking Price6 Homes
Under Asking Price13 Homes
If you're buying a home in 40241, you may be able to get a good deal. 41.9% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in 40241 in May 2025, up by 14.8% month-over-month. Of the 31 sold homes, 42% were sold under asking, 19% were sold at asking, and and 39% were sold over asking.
Days on Market for 40241, KY
How long does it take to sell a home in 40241, KY?
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
0 DaysThis YearMay 2025 | ||
29 Days1 year agoMay 2024 | 0.0 % Change YoYMay 2024 – May 2025 |
Summary: Homes in 40241 had an average listing age of 0 days in May 2025, down by .0% compared to the previous year.
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Newest Listings in 40241, KY
What homes are available in 40241, KY?
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MLS Disclaimers and Copyright
Based on information from Metro Search MLS, for the period 06/01/2023 - 06/01/2025

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2025, 12:50:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.