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40324 Housing Market Report June 2025•Scott County, Kentucky

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Housing Prices in 40324, KY

How much do homes in 40324, KY cost?

Housing Market Conditions

Is 40324, KY a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

40324 is a Seller's Market

Difference Since June 2024

Since last year, 40324 has remained a Seller's Market.

Insight

40324 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$349,950$134/SqFt
+$29,950
+9.4%

Based on all homes sold in the last 12 months

Insight

Homes in 40324 have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in 40324 was $349,950 in June 2025, up 9.4% from last year, and the median price per square foot was $134.

Median Sold Price By Zip Codes

Median Sold 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
40324
+9.4%
40511
+6.5%
40347
-0.9%
40379
-11.1%

Median Sold Price By Bedrooms

Median Sold 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.
BedsJun 2024Jun 2025Change YoY
1$75K$18.5K
-75.3%
2$222.5K$213.4K
-4.1%
3$280.2K$305K
+8.8%
4$383.7K$394.5K
+2.8%
5$499.9K$518K
+3.6%

Summary: 40324 housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -75.3%. The home price for 2 bedroom homes decreased by -4.1%. The home price for 3 bedroom homes increased by +8.8%. The home price for 4 bedroom homes increased by +2.8%. The home price for 5 bedroom homes increased by +3.6%.

How does 40324, KY compare with other places?

Market comparison tool

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

40324, KY

Housing supply in 40324, KY

How many homes are available in 40324, 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
300Last MonthJun 2025
3612 months agoMay 2025
-16.9 %
Change MoMMay – Jun

Summary: The 40324 real estate market had 300 homes for sale in Jun 2025, a 16.9 % decrease compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
68Last MonthJun 2025
1032 months agoMay 2025
-34.0 %
Change MoMMay – Jun

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.
BedsMay 2025Jun 2025Change MoM
100
0.0%
22113
-38.1%
3191158
-17.3%
4126106
-15.9%
52323
0.0%

Summary: 40324 housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -38.1%. The inventory for 3 bedroom homes decreased by -17.3%. The inventory for 4 bedroom homes decreased by -15.9%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 40324, 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 Price13 Homes

At Asking Price34 Homes

Under Asking Price21 Homes

Insight

If you're buying a home in 40324, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 68 homes were sold or pending in 40324 in June 2025, down by 34.0% month-over-month. Of the 68 sold homes, 31% were sold under asking, 50% were sold at asking, and and 19% were sold over asking.

Days on Market for 40324, KY

How long does it take to sell a home in 40324, KY?

Breakdown of Home Sale Times

Under 30 Days47 Homes

30 – 90 Days10 Homes

Over 90 Days4 Homes

Insight

Many homes in 40324 are selling fast, if you're buying plan to act quickly.

Summary: During June 2025, 68 homes were sold in 40324; 69% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
22 DaysThis YearJun 2025
26 Days1 year agoJun 2024
-14.1 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in 40324 had an average listing age of 22 days in Jun 2025, down by 14.1% compared to the previous year.

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Newest Listings in 40324, KY

What homes are available in 40324, KY?

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MLS Disclaimers and Copyright

Based on information from Imagine MLS, Metro Search MLS, and Northern Kentucky MLS for the period 07/01/2023 - 07/01/2025

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) 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. © 2025 LBAR Multiple Listing Service. 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: 7/14/2025, 8:45:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 7/14/2025, 8:40:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Northern Kentucky Multiple Listing Service, Inc. (NKMLS). Real estate listings held by other brokerage firms are marked with the Broker Reciprocity Logo and detailed information about them includes the name of the listing broker. The broker providing the data believes the data to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. MLS content and images © Copyright ©2025, Northern Kentucky Multiple Listing Service, Inc. All rights reserved.

The information on this web site 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/14/2025, 8:40:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.