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LOUISVILLE, KY 40208

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

Market Overview

Active Listings
38
⇩ 22.4% vs 49 last year
Pending
11
29% pending ratio
Median Price
$184,225
⇧ 24.9% vs $147,450 last year
Average Price
$311,286
⇧ 44.2% vs $215,815 last year
Days on Market
45
⇩ 13.5% vs 52 days last year

Market Context

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

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

Market Analysis

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

The LOUISVILLE, KY real estate market (40208) currently shows 38 active listings, with 11 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 45 days on market compared to 52 days last year.

The median listing price has risen 24.9% year-over-year, from $147,450 to $184,225.

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: 38 this year vs 49 last year
  • Days on market: 45 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $184,225 (+24.9% YoY)
  • Average: $311,286 (+44.2% 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 9.0 miles — 1,212 listings ($355,818,639 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40208Louisville, KY 402080.0 mi38$11,828,868$184,225$311,286
40217Louisville, KY 402171.6 mi54$14,430,906$267,000$267,239
40215Louisville, KY 402152.2 mi71$11,734,738$164,900$165,278
40209Louisville, KY 402092.6 mi3$549,000$183,000$183,000
40211Louisville, KY 402113.2 mi86$12,347,966$136,000$143,581
40212Louisville, KY 402124.0 mi107$21,819,547$134,260$203,921
40206Louisville, KY 402064.4 mi64$19,413,312$275,000$303,333
40214Louisville, KY 402144.7 mi119$32,397,631$256,000$272,249
47150New Albany, IN 471506.6 mi186$53,111,370$249,950$285,545
40207Louisville, KY 402076.8 mi96$56,183,040$472,500$585,240
40258Louisville, KY 402587.7 mi83$20,471,950$232,500$246,650
40118Fairdale, KY 401188.3 mi23$5,723,067$234,900$248,829
47130Jeffersonville, IN 471309.0 mi282$95,807,244$298,900$339,742

Frequently Asked Questions

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

As of January 2026, there are 38 active listings in LOUISVILLE, KY (zip code 40208), compared to 49 the prior year.

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

The median listing price in LOUISVILLE, KY 40208 is $184,225 as of January 2026, a 24.9% increase from $147,450 the prior year.

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

Homes in LOUISVILLE, KY 40208 spend an average of 45 days on the market before going under contract, compared to 52 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 January 2026, LOUISVILLE, KY 40208 is currently a Seller's Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 45 days on market compared to 52 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 $3,685 compared to a typical 5% commission on the median listing price of $184,225. 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.