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Algonquin Limerick Old Louisville Park Hill Shelby Park South Louisville Taylor Berry University

LOUISVILLE, KY 40208

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

Neighborhoods in ZIP 40208

Algonquin · Limerick · Old Louisville · Park Hill · Shelby Park · South Louisville · Taylor Berry · University

Market Analysis

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

The LOUISVILLE, KY real estate market (40208) currently shows 44 active listings, with 17 pending sales. Homes are averaging 36 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 36 days on market compared to 64 days last year.

The median listing price has risen 2.4% year-over-year, from $168,500 to $172,500.

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: 15,126  ·  Density: 2,238.2/mi²  ·  Median household income: $34,206

Typical home value: $124,758  ·  Homeownership: 28.3%

Market Overview

Active Listings
44
⇩ 15.4% vs 52 last year
Pending
17
39% pending ratio
Median Price
$172,500
⇧ 2.4% vs $168,500 last year
Average Price
$226,507
⇧ 7.6% vs $210,585 last year
Days on Market
36
⇩ 43.8% vs 64 days last year

Price Per Square Foot

Median $/sqft
$152
⇧ 18.8% vs $128/sqft last year
Median Home Size
1,266 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 44 this year vs 52 last year
  • Days on market: 36 now vs 64 last year

Median & Average Pricing

Year over Year
  • Median: $172,500 (+2.4% YoY)
  • Average: $226,507 (+7.6% 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 9.0 miles — 1,239 listings ($356,346,742 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40208Louisville, KY 402080.0 mi37$8,774,402$176,400$237,146
40217Louisville, KY 402171.6 mi46$12,284,576$269,875$267,056
40215Louisville, KY 402152.2 mi83$13,930,388$161,150$167,836
40209Louisville, KY 402092.6 mi2$281,500$140,750$140,750
40211Louisville, KY 402113.2 mi86$12,444,286$138,625$144,701
40212Louisville, KY 402124.0 mi111$24,540,546$146,250$221,086
40206Louisville, KY 402064.4 mi68$19,067,200$250,188$280,400
40214Louisville, KY 402144.7 mi126$35,674,884$266,250$283,134
47150New Albany, IN 471506.6 mi193$53,637,402$249,900$277,914
40207Louisville, KY 402076.8 mi87$50,090,337$457,500$575,751
40258Louisville, KY 402587.7 mi81$20,001,249$233,825$246,929
40118Fairdale, KY 401188.3 mi29$6,998,222$230,000$241,318
47130Jeffersonville, IN 471309.0 mi290$98,621,750$298,925$340,075

Frequently Asked Questions

How many homes are for sale in LOUISVILLE, KY 40208?

As of March 2026, there are 44 active listings in LOUISVILLE, KY (zip code 40208), compared to 52 the prior year.

What is the median home price in LOUISVILLE, KY 40208?

The median listing price in LOUISVILLE, KY 40208 is $172,500 as of March 2026, a 2.4% increase from $168,500 the prior year.

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

Homes in LOUISVILLE, KY 40208 spend an average of 36 days on the market before going under contract, compared to 64 days the prior year.

Is it a seller's or buyer's market in LOUISVILLE, KY 40208?

Based on current inventory and days-on-market data as of March 2026, LOUISVILLE, KY 40208 is currently a Seller's Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 36 days on market compared to 64 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 40208 save an estimated $3,450 compared to a typical 5% commission on the median listing price of $172,500. 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.