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LOUISVILLE, KY 40204

Real Estate Market Report  ·  Jefferson County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
53
⇩ 8.6% vs 58 last year
Pending
11
21% pending ratio
Median Price
$309,400
⇩ 11.3% vs $349,000 last year
Average Price
$383,909
⇩ 12.1% vs $436,550 last year
Days on Market
46
⇩ 20.7% vs 58 days last year

Market Context

Population: 14,362  ·  Density: 1,747.2/mi²  ·  Median household income: $65,457

Typical home value: $292,838  ·  Homeownership: 49.5%

Market Analysis

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

The LOUISVILLE, KY real estate market (40204) currently shows 53 active listings, with 11 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 46 days on market compared to 58 days last year.

The median listing price has fallen 11.3% year-over-year, from $349,000 to $309,400.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 53 this year vs 58 last year
  • Days on market: 46 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $309,400 (-11.3% YoY)
  • Average: $383,909 (-12.1% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.7 miles — 966 listings ($277,505,247 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40204Louisville, KY 402040.0 mi53$20,347,177$309,400$383,909
40217Louisville, KY 402171.8 mi54$14,430,906$267,000$267,239
40205Louisville, KY 402052.3 mi74$33,325,234$350,000$450,341
40208Louisville, KY 402082.9 mi38$11,828,868$184,225$311,286
40209Louisville, KY 402093.9 mi3$549,000$183,000$183,000
40213Louisville, KY 402134.3 mi37$9,372,618$256,950$253,314
40215Louisville, KY 402154.8 mi71$11,734,738$164,900$165,278
40211Louisville, KY 402115.5 mi86$12,347,966$136,000$143,581
47129Clarksville, IN 471295.8 mi58$14,431,792$227,900$248,824
40222Louisville, KY 402226.2 mi57$31,555,257$427,000$553,601
40214Louisville, KY 402146.9 mi119$32,397,631$256,000$272,249
40216Louisville, KY 402167.3 mi130$32,072,690$240,000$246,713
47150New Albany, IN 471507.7 mi186$53,111,370$249,950$285,545

Frequently Asked Questions

How many homes are for sale in LOUISVILLE, KY 40204?

As of January 2026, there are 53 active listings in LOUISVILLE, KY (zip code 40204), compared to 58 the prior year.

What is the median home price in LOUISVILLE, KY 40204?

The median listing price in LOUISVILLE, KY 40204 is $309,400 as of January 2026, a 11.3% decrease from $349,000 the prior year.

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

Homes in LOUISVILLE, KY 40204 spend an average of 46 days on the market before going under contract, compared to 58 days the prior year.

Is it a seller's or buyer's market in LOUISVILLE, KY 40204?

Based on current inventory and days-on-market data as of January 2026, LOUISVILLE, KY 40204 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 46 days on market compared to 58 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 40204 save an estimated $6,188 compared to a typical 5% commission on the median listing price of $309,400. 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.