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LOUISVILLE, KY 40205

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

Neighborhoods in ZIP 40205

Belknap · Bonnycastle · Bowman · Cherokee Seneca · Deer Park · Gardiner Lane · Hawthorne · Hayfield Dundee · Highlands Douglass

Market Analysis

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

The LOUISVILLE, KY real estate market (40205) currently shows 78 active listings, with 34 pending sales. Homes are averaging 47 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 47 days on market compared to 32 days last year.

The median listing price has fallen 12.5% year-over-year, from $400,000 to $350,000.

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: 24,890  ·  Density: 1,395.4/mi²  ·  Median household income: $94,253

Typical home value: $340,595  ·  Homeownership: 74.9%

Market Overview

Active Listings
78
⇧ 20% vs 65 last year
Pending
34
44% pending ratio
Median Price
$350,000
⇩ 12.5% vs $400,000 last year
Average Price
$421,023
⇩ 13.5% vs $486,767 last year
Days on Market
47
⇧ 46.9% vs 32 days last year

Price Per Square Foot

Median $/sqft
$197
⇩ 7.5% vs $213/sqft last year
Median Home Size
1,621 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 78 this year vs 65 last year
  • Days on market: 47 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $350,000 (-12.5% YoY)
  • Average: $421,023 (-13.5% 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 8.0 miles — 1,016 listings ($334,441,058 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40205Louisville, KY 402050.0 mi71$30,459,000$346,250$429,000
40206Louisville, KY 402062.6 mi68$19,067,200$250,188$280,400
40217Louisville, KY 402173.0 mi46$12,284,576$269,875$267,056
40220Louisville, KY 402203.6 mi90$26,090,910$284,450$289,899
40209Louisville, KY 402094.2 mi2$281,500$140,750$140,750
40208Louisville, KY 402084.5 mi37$8,774,402$176,400$237,146
40222Louisville, KY 402224.8 mi59$31,498,566$408,450$533,874
40025Glenview, KY 400255.7 mi1$4,795,000$4,795,000$4,795,000
40215Louisville, KY 402156.0 mi83$13,930,388$161,150$167,836
40228Louisville, KY 402286.5 mi63$19,425,042$311,000$308,334
40214Louisville, KY 402147.4 mi126$35,674,884$266,250$283,134
47130Jeffersonville, IN 471307.8 mi290$98,621,750$298,925$340,075
40241Louisville, KY 402418.0 mi80$33,537,840$381,950$419,223

Frequently Asked Questions

How many homes are for sale in LOUISVILLE, KY 40205?

As of March 2026, there are 78 active listings in LOUISVILLE, KY (zip code 40205), compared to 65 the prior year.

What is the median home price in LOUISVILLE, KY 40205?

The median listing price in LOUISVILLE, KY 40205 is $350,000 as of March 2026, a 12.5% decrease from $400,000 the prior year.

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

Homes in LOUISVILLE, KY 40205 spend an average of 47 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in LOUISVILLE, KY 40205?

Based on current inventory and days-on-market data as of March 2026, LOUISVILLE, KY 40205 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 47 days on market compared to 32 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 40205 save an estimated $7,000 compared to a typical 5% commission on the median listing price of $350,000. 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.