The 40071 housing market is very competitive. The median sale price of a home in 40071 was $360K last month, down 0.35% since last year. The median sale price per square foot in 40071 is $192, down 1.3% since last year.
In March 2024, 40071 home prices were down 0.35% compared to last year, selling for a median price of $360K. On average, homes in 40071 sell after 35 days on the market compared to 43 days last year. There were 25 homes sold in March this year, down from 30 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$360,000
-0.35% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
40071, KY
$360,000
-0.35%
United States
To compare other locations to the 40071 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Kentucky add value to a home.
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How hot is the 40071 housing market?
40071 is very competitive. Homes sell in 28.5 days.
0
100
75
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 29 days.
Hot homes
can sell for around list price and go pending in around 10 days.
Homes in this area are served by the Spencer County School District.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
6/10
Spencer County Elementary School
Public • PreK-5
732
Students
3 reviews
4/10
Taylorsville Elementary School
Public • PreK-5
647
Students
5 reviews
NR
Hillview Academy
Public • 1-12 • Choice school
36
Students
2 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 40071 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 40071.
Risk Factor
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
40071 has a moderate risk of flooding. 619 properties in 40071 are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in 40071. Flood risk is increasing slower than the national average.
36% of properties are at risk of wildfire over the next 30 years
Fire Factor
40071 has a moderate risk of wildfire. There are 2,646 properties in 40071 that have some risk of being affected by wildfire over the next 30 years. This represents 36% of all properties in 40071.
98% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
40071 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 40071 is most at risk from hurricanes. 7,217 properties in 40071 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 56 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 65 mph.