The 40502 housing market is very competitive. The median sale price of a home in 40502 was $420K last month, down 6.7% since last year. The median sale price per square foot in 40502 is $224, up 5.4% since last year.
In March 2024, 40502 home prices were down 6.7% compared to last year, selling for a median price of $420K. On average, homes in 40502 sell after 18 days on the market compared to 42 days last year. There were 59 homes sold in March this year, down from 64 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$420,000
-6.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
40502, KY
$420,000
-6.7%
United States
To compare other locations to the 40502 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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 40502 housing market?
40502 is very competitive. Homes sell in 23.5 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 24 days.
Hot homes
can sell for around list price and go pending in around 6 days.
Homes in this area are served by the Fayette 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
Glendover Elementary School
Public • PreK-5
622
Students
6 reviews
8/10
Cassidy Elementary School
Public • K-5
732
Students
9 reviews
7/10
Madeline M Breckinridge Elementary School
Public • PreK-5
633
Students
6 reviews
5/10
Ashland Elementary School
Public • K-5
299
Students
10 reviews
3/10
Julius Marks Elementary School
Public • PreK-5
703
Students
3 reviews
Only showing 5 of
8 elementary schools.
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 40502 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 40502.
Risk Factor
Flood Factor - Moderate
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
40502 has a moderate risk of flooding. 1,047 properties in 40502 are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in 40502. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
40502 has a minor risk of wildfire. There are 104 properties in 40502 that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in 40502.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
40502 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 40502 is most at risk from hurricanes. 10,167 properties in 40502 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 63 mph.