#25011680, Listing Office: Torrey Smith Realty Co, LLC
40342 Housing Market Report May 2025•Anderson County, Kentucky
Housing Prices in 40342, KY
How much do homes in 40342, KY cost?
Housing Market Conditions
Is 40342, KY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
40342 is a Neutral Market
Difference Since May 2024
At the same time last year, 40342 was a Seller's Market.
40342 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 40342 have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in 40342 was $265,000 in May 2025, up 7.7% from last year, and the median price per square foot was $192.
Median Sold Price By Zip Codes
City | May 2024 | May 2025 | Change YoY |
---|---|---|---|
40342 | $246K | $265K | +7.7% |
40372 | $339K | $309.3K | -8.7% |
Median Sold Price By Bedrooms
Beds | May 2024 | May 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $100.1K | $157K | +56.8% |
22 Bedrooms | $169.9K | $203K | +19.5% |
33 Bedrooms | $242.5K | $255.7K | +5.4% |
44 Bedrooms | $360K | $362.4K | +0.7% |
55+ Bedrooms | $437.4K | $490K | +12.0% |
Summary: 40342 housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +56.8%. The home price for 2 bedroom homes increased by +19.5%. The home price for 3 bedroom homes increased by +5.4%. The home price for 4 bedroom homes increased by +0.7%. The home price for 5 bedroom homes increased by +12.0%.
How does 40342, KY compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
40342, KY
Housing supply in 40342, KY
How many homes are available in 40342, KY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
113Last MonthMay 2025 | ||
1272 months agoApr 2025 | -11.0 % Change MoMApr – May |
Summary: The 40342 real estate market had 113 homes for sale in May 2025, a 11.0 % decrease compared to Apr 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
18Last MonthMay 2025 | ||
372 months agoApr 2025 | -51.4 % Change MoMApr – May |
Homes For Sale By Bedroom Count
Beds | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 3 | 1 | -66.7% |
22 Bedrooms | 10 | 7 | -30.0% |
33 Bedrooms | 83 | 69 | -16.9% |
44 Bedrooms | 24 | 26 | +8.3% |
55+ Bedrooms | 7 | 10 | +42.9% |
Summary: 40342 housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -66.7%. The inventory for 2 bedroom homes decreased by -30.0%. The inventory for 3 bedroom homes decreased by -16.9%. The inventory for 4 bedroom homes increased by +8.3%. The inventory for 5 bedroom homes increased by +42.9%.
Asking Price vs. Sold Price
How much do homes in 40342, KY cost?
Over Asking Price3 Homes
At Asking Price4 Homes
Under Asking Price11 Homes
If you're buying a home in 40342, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 40342 in May 2025, down by 51.4% month-over-month. Of the 18 sold homes, 61% were sold under asking, 22% were sold at asking, and and 17% were sold over asking.
Days on Market for 40342, KY
How long does it take to sell a home in 40342, KY?
Breakdown of Home Sale Times
Under 30 Days8 Homes
30 – 90 Days5 Homes
Over 90 Days2 Homes
Many homes in 40342 are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 18 homes were sold in 40342; 44% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
51 DaysThis YearMay 2025 | ||
47 Days1 year agoMay 2024 | +8.5 % Change YoYMay 2024 – May 2025 |
Summary: Homes in 40342 had an average listing age of 51 days in May 2025, up by 8.5% compared to the previous year.
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Newest Listings in 40342, KY
What homes are available in 40342, KY?
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MLS Disclaimers and Copyright
Based on information from Imagine MLS, and 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: 6/3/2025, 6:45:32 PM 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: 6/3/2025, 6:40:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.