40962 Housing Market Report February 2025•Clay County, Kentucky

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Housing Prices in 40962, KY

How much do homes in 40962, 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.
$159,950–
-$39,950
-20.0%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 40962 has decreased by 20% since last year.

Summary: The median home list price in 40962 was $159,950 in February 2025, down 20% from the previous year, and the median price per square foot was $0.

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.
BedsFeb 2024Feb 2025Change YoY
1--
N/A
2$106K$105.5K
-0.5%
3$200K$157K
-21.5%
4$180K$160K
-11.1%
5-$366.1K
N/A

Summary: 40962 housing price by bedroom type for February 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 -0.5%. The home price for 3 bedroom homes decreased by -21.5%. The home price for 4 bedroom homes decreased by -11.1%. The home price for 5 bedroom homes did not change.

Housing supply in 40962, KY

How many homes are available in 40962, 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
20Last MonthFeb 2025
142 months agoJan 2025
+42.9 %
Change MoMJan – Feb

Summary: The 40962 real estate market had 20 homes for sale in Feb 2025, a 42.9 % increase compared to Jan 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.
BedsJan 2025Feb 2025Change MoM
100
0.0%
222
0.0%
3912
+33.3%
435
+66.7%
501
+100.0%

Summary: 40962 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +33.3%. The inventory for 4 bedroom homes increased by +66.7%. The inventory for 5 bedroom homes increased by +100.0%.

Days on Market for 40962, KY

How long does it take to sell a home in 40962, KY?

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
105 DaysThis YearFeb 2025
189 Days1 year agoFeb 2024
-44.6 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 40962 had an average listing age of 105 days in Feb 2025, down by 44.6% compared to the previous year.

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Newest Listings in 40962, KY

What homes are available in 40962, KY?

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MLS Disclaimers and Copyright

Based on information from Imagine MLS, and Northern Kentucky MLS for the period 03/01/2023 - 03/01/2025

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: 3/10/2025, 12:20:56 PM 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: 3/10/2025, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.