The 40962 housing market is not very competitive. The median sale price of a home in 40962 was $112K last month, down 20.0% since last year. The median sale price per square foot in 40962 is $172, up 68.6% since last year.
In March 2024, 40962 home prices were down 20.0% compared to last year, selling for a median price of $112K. On average, homes in 40962 sell after 113 days on the market compared to 89 days last year. There were 7 homes sold in March this year, down from 12 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$112,000
-20.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
40962, KY
$112,000
-20.0%
United States
To compare other locations to the 40962 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 40962 housing market?
40962 is not very competitive. Homes sell in 91 days.
0
100
20
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 9 months
Multiple offers are rare.
The average homes sell for about 6% below list price and go pending in around 91 days.
Hot homes
can sell for around list price and go pending in around 65 days.
Homes in this area are served by the Laurel County School District and Kentucky Tech System.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Hacker Elementary School
Public • PreK-6
300
Students
1 reviews
8/10
Paces Creek Elementary School
Public • K-6
305
Students
3 reviews
8/10
Burning Springs Elementary School
Public • PreK-6
302
Students
1 reviews
7/10
Oneida Elementary School
Public • PreK-6
112
Students
1 reviews
7/10
Goose Rock Elementary School
Public • PreK-6
211
Students
1 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 40962 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 40962.
Risk Factor
Flood Factor - Major
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
40962 has a major risk of flooding. 2 properties in 40962 are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in 40962. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
40962 has a major risk of wildfire. There are 17 properties in 40962 that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in 40962.
94% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
40962 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 40962 is most at risk from hurricanes. 16 properties in 40962 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 65 mph.