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FAIRDALE, KY 40118

Real Estate Market Report  ·  Jefferson County
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The FAIRDALE, KY real estate market (40118) currently shows 32 active listings, with 16 pending sales. Homes are averaging 47 days on the market before going under contract.

Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 47 days on market compared to 40 days last year.

The median listing price has risen 8.2% year-over-year, from $204,900 to $221,700.

Whether you are buying or selling in FAIRDALE, KY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 10,141  ·  Density: 260.6/mi²  ·  Median household income: $55,036

Typical home value: $138,944  ·  Homeownership: 66.3%

Market Overview

Active Listings
32
⇧ 113.3% vs 15 last year
Pending
16
50% pending ratio
Median Price
$221,700
⇧ 8.2% vs $204,900 last year
Average Price
$238,900
⇩ 12.9% vs $274,280 last year
Days on Market
47
⇧ 17.5% vs 40 days last year

Price Per Square Foot

Median $/sqft
$186
⇧ 28.3% vs $145/sqft last year
Median Home Size
1,421 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 32 this year vs 15 last year
  • Days on market: 47 now vs 40 last year

Median & Average Pricing

Year over Year
  • Median: $221,700 (+8.2% YoY)
  • Average: $238,900 (-12.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.4 miles — 966 listings ($284,018,196 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40118Fairdale, KY 401180.0 mi29$6,998,222$230,000$241,318
40214Louisville, KY 402144.0 mi126$35,674,884$266,250$283,134
40272Louisville, KY 402725.4 mi139$39,796,256$245,625$286,304
40213Louisville, KY 402135.9 mi33$8,522,283$244,450$258,251
40215Louisville, KY 402156.6 mi83$13,930,388$161,150$167,836
40228Louisville, KY 402287.4 mi63$19,425,042$311,000$308,334
40165Shepherdsville, KY 401658.0 mi126$50,182,902$377,450$398,277
40208Louisville, KY 402088.3 mi37$8,774,402$176,400$237,146
40210Louisville, KY 402109.4 mi62$8,024,350$133,250$129,425
40291Louisville, KY 402919.9 mi163$70,537,272$370,051$432,744
40211Louisville, KY 4021110.1 mi86$12,444,286$138,625$144,701
40202Louisville, KY 4020210.7 mi17$9,449,909$437,000$555,877
40177West Point, KY 4017711.4 mi2$258,000$129,000$129,000

Frequently Asked Questions

How many homes are for sale in FAIRDALE, KY 40118?

As of April 2026, there are 32 active listings in FAIRDALE, KY (zip code 40118), compared to 15 the prior year.

What is the median home price in FAIRDALE, KY 40118?

The median listing price in FAIRDALE, KY 40118 is $221,700 as of April 2026, a 8.2% increase from $204,900 the prior year.

How long do homes stay on the market in FAIRDALE, KY?

Homes in FAIRDALE, KY 40118 spend an average of 47 days on the market before going under contract, compared to 40 days the prior year.

Is it a seller's or buyer's market in FAIRDALE, KY 40118?

Based on current inventory and days-on-market data as of April 2026, FAIRDALE, KY 40118 is currently a Buyer's Market. Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 47 days on market compared to 40 days last year.

How much can I save on real estate commission in FAIRDALE, KY?

With SELL123.com's maximum 3% commission, sellers in FAIRDALE, KY 40118 save an estimated $4,434 compared to a typical 5% commission on the median listing price of $221,700. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.