40202Just east of downtown Louisville, 40202 is a hoppin’ area that has an abundance of shopping and restaurants. This area is always bustling with people and liveliness. Given this is one of
40299: Market Stats
Dated: May 10 2022
Nestled just outside of the Watterson Expressway, 40299 is a quiet suburban area with an active and fun downtown area. As shown below, there has been a drastic change in the number of homes sold in 2022 versus previous years.
The median sales price in 40299 has been rising steadily in line with the market. Each year homes are appreciating aggressively. This trend will undoubtedly continue into 2022 and likely into 2023 and beyond.
Days on the market is where you can really see the impact of a low inventory environment. Homes just sell faster these days. You can see the dramatic drop from 32 days in 2019 to 14 in 2022. The pace of home consumption is remarkably high and very competitive in this area. Again, this trend will likely continue as the supply of housing remains low.