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LOUISVILLE, KY 40216

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

Market Analysis

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

The LOUISVILLE, KY real estate market (40216) currently shows 159 active listings, with 66 pending sales. Homes are averaging 35 days on the market before going under contract.

Inventory has increased compared to last year, with 57 more homes available — giving buyers more choice.

Homes are selling faster, averaging 35 days on market compared to 38 days last year.

The median listing price has risen 6.8% year-over-year, from $220,000 to $235,000.

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: 43,167  ·  Density: 1,064.7/mi²  ·  Median household income: $51,221

Typical home value: $144,797  ·  Homeownership: 64.1%

Market Overview

Active Listings
159
⇧ 55.9% vs 102 last year
Pending
66
42% pending ratio
Median Price
$235,000
⇧ 6.8% vs $220,000 last year
Average Price
$241,485
⇧ 2.3% vs $235,965 last year
Days on Market
35
⇩ 7.9% vs 38 days last year

Price Per Square Foot

Median $/sqft
$157
⇩ 1.9% vs $160/sqft last year
Median Home Size
1,518 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 159 this year vs 102 last year
  • Days on market: 35 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $235,000 (+6.8% YoY)
  • Average: $241,485 (+2.3% 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 10.0 miles — 991 listings ($253,082,811 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40216Louisville, KY 402160.0 mi143$35,006,829$239,300$244,803
40211Louisville, KY 402113.4 mi86$12,444,286$138,625$144,701
40214Louisville, KY 402143.9 mi126$35,674,884$266,250$283,134
40208Louisville, KY 402084.4 mi37$8,774,402$176,400$237,146
40203Louisville, KY 402035.7 mi67$15,578,036$188,000$232,508
40212Louisville, KY 402125.9 mi111$24,540,546$146,250$221,086
40213Louisville, KY 402136.6 mi33$8,522,283$244,450$258,251
40272Louisville, KY 402727.2 mi139$39,796,256$245,625$286,304
47136Lanesville, IN 471367.5 mi37$14,984,408$444,288$404,984
40219Louisville, KY 402198.7 mi73$19,614,151$270,450$268,687
40206Louisville, KY 402068.8 mi68$19,067,200$250,188$280,400
47129Clarksville, IN 471299.5 mi58$14,511,252$236,700$250,194
40109Brooks, KY 4010910.0 mi13$4,568,278$317,450$351,406

Frequently Asked Questions

How many homes are for sale in LOUISVILLE, KY 40216?

As of March 2026, there are 159 active listings in LOUISVILLE, KY (zip code 40216), compared to 102 the prior year.

What is the median home price in LOUISVILLE, KY 40216?

The median listing price in LOUISVILLE, KY 40216 is $235,000 as of March 2026, a 6.8% increase from $220,000 the prior year.

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

Homes in LOUISVILLE, KY 40216 spend an average of 35 days on the market before going under contract, compared to 38 days the prior year.

Is it a seller's or buyer's market in LOUISVILLE, KY 40216?

Based on current inventory and days-on-market data as of March 2026, LOUISVILLE, KY 40216 is currently a Balanced Market. Inventory has increased compared to last year, with 57 more homes available — giving buyers more choice. Homes are selling faster, averaging 35 days on market compared to 38 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 40216 save an estimated $4,700 compared to a typical 5% commission on the median listing price of $235,000. 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.