40906 Housing Market Report March 2025•Knox County, Kentucky

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Housing Prices in 40906, KY

How much do homes in 40906, KY cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$197,450–
+$450
0.2%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 40906 has remained the same since last year.

Summary: The median home list price in 40906 was $197,450 in March 2025, up 0.2% from the previous year, and the median price per square foot was $0.

Median List Price By Zip Codes

Median List 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
40923
+29.7%
40953
+7.0%
40906
0.2%

Median List Price By Bedrooms

Median List 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.
BedsMar 2024Mar 2025Change YoY
1-$129.9K
N/A
2$134.9K$130K
-3.7%
3$220K$239.4K
+8.8%
4$275K$289K
+5.1%
5$282K$365K
+29.4%

Summary: 40906 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 decreased by -3.7%. The home price for 3 bedroom homes increased by +8.8%. The home price for 4 bedroom homes increased by +5.1%. The home price for 5 bedroom homes increased by +29.4%.

How does 40906, KY compare with other places?

Market comparison tool

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

40906, KY

Housing supply in 40906, KY

How many homes are available in 40906, 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
21Last MonthMar 2025
162 months agoFeb 2025
+31.3 %
Change MoMFeb – Mar

Summary: The 40906 real estate market had 21 homes for sale in Mar 2025, a 31.3 % increase compared to Feb 2025.

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.
BedsFeb 2025Mar 2025Change MoM
100
0.0%
213
+200.0%
3810
+25.0%
455
0.0%
523
+50.0%

Summary: 40906 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 +200.0%. The inventory for 3 bedroom homes increased by +25.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +50.0%.

Asking Price vs. Sold Price

How much do homes in 40906, 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 Price0 Home

At Asking Price0 Home

Under Asking Price3 Homes

Insight

If you're buying a home in 40906, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 40906 in March 2025, up by 100.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for 40906, KY

How long does it take to sell a home in 40906, KY?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Many homes in 40906 are selling fast, if you're buying plan to act quickly.

Summary: During March 2025, 3 homes were sold in 40906; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
106 DaysThis YearMar 2025
118 Days1 year agoMar 2024
-9.6 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in 40906 had an average listing age of 106 days in Mar 2025, down by 9.6% compared to the previous year.

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Newest Listings in 40906, KY

What homes are available in 40906, KY?

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MLS Disclaimers and Copyright

Based on information from Imagine MLS, for the period 04/01/2023 - 04/01/2025

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: 4/24/2025, 1:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.