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LOUISVILLE, KY 40207

Real Estate Market Report  ·  Jefferson County
Balanced Market
April 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 40207

Bowman · Brownsboro Zorn · Cherokee Seneca · Crescent Hill · Rockcreek Lexington Road

Market Analysis

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

The LOUISVILLE, KY real estate market (40207) currently shows 119 active listings, with 51 pending sales. Homes are averaging 30 days on the market before going under contract.

Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.

Homes are selling faster, averaging 30 days on market compared to 37 days last year.

The median listing price has fallen 5.4% year-over-year, from $483,475 to $457,500.

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: 29,014  ·  Density: 954.4/mi²  ·  Median household income: $97,754

Typical home value: $386,860  ·  Homeownership: 69.8%

Market Overview

Active Listings
119
⇧ 19% vs 100 last year
Pending
51
43% pending ratio
Median Price
$457,500
⇩ 5.4% vs $483,475 last year
Average Price
$546,905
⇩ 31.7% vs $800,196 last year
Days on Market
30
⇩ 18.9% vs 37 days last year

Price Per Square Foot

Median $/sqft
$201
⇩ 2.9% vs $207/sqft last year
Median Home Size
2,366 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 119 this year vs 100 last year
  • Days on market: 30 now vs 37 last year

Median & Average Pricing

Year over Year
  • Median: $457,500 (-5.4% YoY)
  • Average: $546,905 (-31.7% 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
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 8.7 miles — 838 listings ($278,093,781 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40207Louisville, KY 402070.0 mi87$50,090,337$457,500$575,751
40206Louisville, KY 402062.6 mi68$19,067,200$250,188$280,400
40205Louisville, KY 402053.2 mi71$30,459,000$346,250$429,000
40220Louisville, KY 402203.9 mi90$26,090,910$284,450$289,899
40241Louisville, KY 402415.0 mi80$33,537,840$381,950$419,223
40202Louisville, KY 402025.3 mi17$9,449,909$437,000$555,877
40217Louisville, KY 402175.5 mi46$12,284,576$269,875$267,056
40223Louisville, KY 402236.1 mi52$22,090,536$378,650$424,818
40213Louisville, KY 402136.8 mi33$8,522,283$244,450$258,251
47129Clarksville, IN 471297.1 mi58$14,511,252$236,700$250,194
40210Louisville, KY 402107.4 mi62$8,024,350$133,250$129,425
40212Louisville, KY 402128.0 mi111$24,540,546$146,250$221,086
40228Louisville, KY 402288.7 mi63$19,425,042$311,000$308,334

Frequently Asked Questions

How many homes are for sale in LOUISVILLE, KY 40207?

As of April 2026, there are 119 active listings in LOUISVILLE, KY (zip code 40207), compared to 100 the prior year.

What is the median home price in LOUISVILLE, KY 40207?

The median listing price in LOUISVILLE, KY 40207 is $457,500 as of April 2026, a 5.4% decrease from $483,475 the prior year.

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

Homes in LOUISVILLE, KY 40207 spend an average of 30 days on the market before going under contract, compared to 37 days the prior year.

Is it a seller's or buyer's market in LOUISVILLE, KY 40207?

Based on current inventory and days-on-market data as of April 2026, LOUISVILLE, KY 40207 is currently a Balanced Market. Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice. Homes are selling faster, averaging 30 days on market compared to 37 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 40207 save an estimated $9,150 compared to a typical 5% commission on the median listing price of $457,500. 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.