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LOUISVILLE, KY 40206

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

Market Overview

Active Listings
64
⇧ 25.5% vs 51 last year
Pending
16
25% pending ratio
Median Price
$275,000
⇩ 3.4% vs $284,750 last year
Average Price
$303,333
⇩ 14.7% vs $355,632 last year
Days on Market
68
⇧ 38.8% vs 49 days last year

Market Context

Population: 20,315  ·  Density: 1,342.5/mi²  ·  Median household income: $69,241

Typical home value: $260,993  ·  Homeownership: 52.8%

Market Analysis

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

The LOUISVILLE, KY real estate market (40206) currently shows 64 active listings, with 16 pending sales. Homes are averaging 68 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 68 days on market compared to 49 days last year.

The median listing price has fallen 3.4% year-over-year, from $284,750 to $275,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 64 this year vs 51 last year
  • Days on market: 68 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $275,000 (-3.4% YoY)
  • Average: $303,333 (-14.7% 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 8.6 miles — 902 listings ($289,767,465 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40206Louisville, KY 402060.0 mi64$19,413,312$275,000$303,333
40207Louisville, KY 402072.6 mi96$56,183,040$472,500$585,240
40202Louisville, KY 402022.7 mi15$7,788,000$442,000$519,200
40203Louisville, KY 402033.5 mi59$14,209,324$200,000$240,836
40208Louisville, KY 402084.4 mi38$11,828,868$184,225$311,286
40222Louisville, KY 402224.9 mi57$31,555,257$427,000$553,601
47129Clarksville, IN 471295.3 mi58$14,431,792$227,900$248,824
40220Louisville, KY 402205.4 mi88$25,602,016$284,900$290,932
40209Louisville, KY 402095.5 mi3$549,000$183,000$183,000
40242Louisville, KY 402426.2 mi33$10,349,889$304,339$313,633
40211Louisville, KY 402116.7 mi86$12,347,966$136,000$143,581
47150New Albany, IN 471508.2 mi186$53,111,370$249,950$285,545
40214Louisville, KY 402148.6 mi119$32,397,631$256,000$272,249

Frequently Asked Questions

How many homes are for sale in LOUISVILLE, KY 40206?

As of January 2026, there are 64 active listings in LOUISVILLE, KY (zip code 40206), compared to 51 the prior year.

What is the median home price in LOUISVILLE, KY 40206?

The median listing price in LOUISVILLE, KY 40206 is $275,000 as of January 2026, a 3.4% decrease from $284,750 the prior year.

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

Homes in LOUISVILLE, KY 40206 spend an average of 68 days on the market before going under contract, compared to 49 days the prior year.

Is it a seller's or buyer's market in LOUISVILLE, KY 40206?

Based on current inventory and days-on-market data as of January 2026, LOUISVILLE, KY 40206 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 68 days on market compared to 49 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 40206 save an estimated $5,500 compared to a typical 5% commission on the median listing price of $275,000. 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.