The 40701 housing market is not very competitive. The median sale price of a home in 40701 was $229K last month, up 18.9% since last year. The median sale price per square foot in 40701 is $126, up 1.6% since last year.
In March 2024, 40701 home prices were up 18.9% compared to last year, selling for a median price of $229K. On average, homes in 40701 sell after 84 days on the market compared to 84 days last year. There were 42 homes sold in March this year, down from 61 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$229,450
+18.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
40701, KY
$229,450
+18.9%
United States
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How hot is the 40701 housing market?
40701 is not very competitive. Homes sell in 91 days.
0
100
24
Not 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
Multiple offers are rare.
The average homes sell for about 5% below list price and go pending in around 91 days.
Hot homes
can sell for around list price and go pending in around 42 days.
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 40701 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 40701.
Risk Factor
Flood Factor - Major
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
40701 has a major risk of flooding. 1,672 properties in 40701 are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in 40701. Flood risk is increasing slower than the national average.
83% of properties are at risk of wildfire over the next 30 years
Fire Factor
40701 has a moderate risk of wildfire. There are 11,685 properties in 40701 that have some risk of being affected by wildfire over the next 30 years. This represents 83% of all properties in 40701.
92% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
40701 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 40701 is most at risk from hurricanes. 12,918 properties in 40701 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 59 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 70 mph.