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Civic Center Downtown Louisville (Downtown) Fourth Street (Fourth St.) Jackson-Smoketown (Smoketown) Limerick Medical Center Old Louisville Portland Russell Shelby Park

LOUISVILLE, KY 40203

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 40203

Civic Center · Downtown Louisville (Downtown) · Fourth Street (Fourth St.) · Jackson-Smoketown (Smoketown) · Limerick · Medical Center · Old Louisville · Portland · Russell · Shelby Park

Market Analysis

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

The LOUISVILLE, KY real estate market (40203) currently shows 70 active listings, with 12 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 42 days on market compared to 55 days last year.

The median listing price has fallen 2.8% year-over-year, from $187,500 to $182,250.

Whether you are buying or selling in LOUISVILLE, 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: 17,964  ·  Density: 2,395.6/mi²  ·  Median household income: $30,739

Typical home value: $140,556  ·  Homeownership: 22.5%

Market Overview

Active Listings
70
vs 70 last year
Pending
12
17% pending ratio
Median Price
$182,250
⇩ 2.8% vs $187,500 last year
Average Price
$212,113
⇩ 13.1% vs $243,952 last year
Days on Market
42
⇩ 23.6% vs 55 days last year

Price Per Square Foot

Median $/sqft
$125
⇩ 17.2% vs $151/sqft last year
Median Home Size
1,311 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 42 now vs 55 last year

Median & Average Pricing

Year over Year
  • Median: $182,250 (-2.8% YoY)
  • Average: $212,113 (-13.1% 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 9.2 miles — 720 listings ($241,599,746 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40203Louisville, KY 402030.0 mi67$15,578,036$188,000$232,508
40210Louisville, KY 402101.6 mi62$8,024,350$133,250$129,425
40204Louisville, KY 402042.5 mi55$21,747,385$309,925$395,407
40217Louisville, KY 402172.6 mi46$12,284,576$269,875$267,056
40206Louisville, KY 402063.5 mi68$19,067,200$250,188$280,400
40209Louisville, KY 402094.5 mi2$281,500$140,750$140,750
40205Louisville, KY 402054.8 mi71$30,459,000$346,250$429,000
40213Louisville, KY 402135.5 mi33$8,522,283$244,450$258,251
40207Louisville, KY 402076.1 mi87$50,090,337$457,500$575,751
40218Louisville, KY 402187.1 mi88$19,250,264$227,625$218,753
40025Glenview, KY 400257.2 mi1$4,795,000$4,795,000$4,795,000
40222Louisville, KY 402228.4 mi59$31,498,566$408,450$533,874
40258Louisville, KY 402589.2 mi81$20,001,249$233,825$246,929

Frequently Asked Questions

How many homes are for sale in LOUISVILLE, KY 40203?

As of March 2026, there are 70 active listings in LOUISVILLE, KY (zip code 40203), compared to 70 the prior year.

What is the median home price in LOUISVILLE, KY 40203?

The median listing price in LOUISVILLE, KY 40203 is $182,250 as of March 2026, a 2.8% decrease from $187,500 the prior year.

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

Homes in LOUISVILLE, KY 40203 spend an average of 42 days on the market before going under contract, compared to 55 days the prior year.

Is it a seller's or buyer's market in LOUISVILLE, KY 40203?

Based on current inventory and days-on-market data as of March 2026, LOUISVILLE, KY 40203 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 42 days on market compared to 55 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LOUISVILLE, KY 40203 save an estimated $3,645 compared to a typical 5% commission on the median listing price of $182,250. 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.