The 40241 housing market is very competitive. Homes in 40241 receive 4 offers on average and sell in around 21 days. The median sale price of a home in 40241 was $317K last month, down 10.1% since last year. The median sale price per square foot in 40241 is $171, up 8.2% since last year.
In March 2024, 40241 home prices were down 10.1% compared to last year, selling for a median price of $317K. On average, homes in 40241 sell after 21 days on the market compared to 29 days last year. There were 63 homes sold in March this year, down from 84 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$317,000
-10.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
40241, KY
$317,000
-10.1%
United States
To compare other locations to the 40241 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 40241 housing market?
40241 is very competitive. Homes sell in 20.5 days.
0
100
77
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 1% below list price and go pending in around 21 days.
Hot homes
can sell for around list price and go pending in around 4 days.
Homes in this area are served by the Jefferson County.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Norton Elementary School
Public • K-5
711
Students
7 reviews
6/10
Chancey Elementary School
Public • PreK-5
614
Students
12 reviews
6/10
Norton Commons Elementary
Public • PreK-5
558
Students
2 reviews
5/10
Wilder Elementary School
Public • PreK-5
542
Students
6 reviews
5/10
Zachary Taylor Elementary School
Public • K-5
430
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 40241 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 40241.
Risk Factor
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
40241 has a moderate risk of flooding. 762 properties in 40241 are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in 40241. Flood risk is increasing slower than the national average.
20% of properties are at risk of wildfire over the next 30 years
Fire Factor
40241 has a moderate risk of wildfire. There are 1,922 properties in 40241 that have some risk of being affected by wildfire over the next 30 years. This represents 20% of all properties in 40241.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
40241 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 40241 is most at risk from hurricanes. 9,554 properties in 40241 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 54 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 60 mph.