The 40509 housing market is very competitive. The median sale price of a home in 40509 was $390K last month, up 11.4% since last year. The median sale price per square foot in 40509 is $188, up 10.9% since last year.
In March 2024, 40509 home prices were up 11.4% compared to last year, selling for a median price of $390K. On average, homes in 40509 sell after 35 days on the market compared to 22 days last year. There were 168 homes sold in March this year, up from 119 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$390,000
+11.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
40509, KY
$390,000
+11.4%
United States
To compare other locations to the 40509 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 40509 housing market?
40509 is very competitive. Homes sell in 26 days.
0
100
71
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 26 days.
Hot homes
can sell for around list price and go pending in around 4 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
Squires Elementary School
Public • PreK-5
614
Students
4 reviews
8/10
Liberty Elementary School
Public • K-5
742
Students
14 reviews
8/10
Garrett Morgan Elementary
Public • K-5
758
Students
N/A
7/10
Athens-Chilesburg Elementary School
Public • K-5
795
Students
6 reviews
7/10
Dixie Elementary Magnet School
Public • PreK-5
586
Students
6 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 40509 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 40509.
Risk Factor
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
40509 has a moderate risk of flooding. 1,500 properties in 40509 are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in 40509. Flood risk is increasing slower than the national average.
6% of properties are at risk of wildfire over the next 30 years
Fire Factor
40509 has a moderate risk of wildfire. There are 1,040 properties in 40509 that have some risk of being affected by wildfire over the next 30 years. This represents 6% of all properties in 40509.
97% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
40509 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 40509 is most at risk from hurricanes. 15,714 properties in 40509 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 61 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 69 mph.