40118 Home Values & Market Trends

There are 14 homes currently listed for 40118. 40118 real estate market trends show that home prices range from $139,000 to $1,650,000, and the median sales price in the 40118 zip code is $148,449.52. The total number of properties sold within the past twelve months is 103. In 40118, 3 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.

40118 Real Estate Market Overview

CityMedian Est. Value
Fairdale

$ 173,098

$ 93/sqft

Housing Market Summary for 40118

Apr 2023March 2024Change
Median Listing Price$227.5K$174.5K-23.28%
Median Sold Price$180K$174.5K-3.03%
Homes For Sale101330.00%
Homes Sold7260-16.67%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 40118

The median list price of a home in Fairdale, is $148,449.52. A total of 14 properties are for sale, and the percentage of properties for sale in the zip code is 14.00%. The total count of 40118 properties is 3,408.

Foreclosure
There is 1 cities within 40118; within this cities, the median estimated home value for homes in foreclosure ranges from $186,716 in fairdale to the lowest value of $146,965 in fairdale. Foreclosure homes account for 0.00% of properties in 40118 with fairdale containing 3 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.09% of all residential properties in 40118 with fairdale containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 40118; of that cities, the estimated home value for pre-foreclosure homes ranges from $186,716 in fairdale to the lowest home value of $146,965 in fairdale.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 40118 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 40118. There is 1 cities within 40118; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 40118. Auction homes and other auction properties account for 0% of all properties in 40118. There is 1 cities within 40118; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.41% of residential properties in 40118 with fairdale containing 14 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 40118; homes for sale in that cities, have a range of median values from $280,000 in fairdale to the lowest value of $57,699 in fairdale.
    Sold Homes
    The median value for recently sold homes ranges from $557,239 in fairdale to the lowest price of $36,315 in fairdale. There is 1 cities within 40118. fairdale has 60 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.76% of properties in 40118.

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      Guide for 40118

      Market Reports
      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      See More Articles
      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Market Reports|posted 20 March 2024

      This blog post analyzes the rising trends in the Lexington, KY real estate market from March 2023 to February 2024, and compares them with surrounding cities.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.

      Recently Listed Homes 40118

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