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LOUISVILLE, KY 40223

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

Market Analysis

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

The LOUISVILLE, KY real estate market (40223) currently shows 89 active listings, with 36 pending sales. Homes are averaging 44 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are selling faster, averaging 44 days on market compared to 45 days last year.

The median listing price has risen 33.5% year-over-year, from $295,500 to $394,500.

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Market Context

Market Context

Population: 23,477  ·  Density: 751.9/mi²  ·  Median household income: $93,498

Typical home value: $329,231  ·  Homeownership: 72.9%

Market Overview

Active Listings
89
⇧ 9.9% vs 81 last year
Pending
36
40% pending ratio
Median Price
$394,500
⇧ 33.5% vs $295,500 last year
Average Price
$632,687
⇧ 50.6% vs $419,989 last year
Days on Market
44
⇩ 2.2% vs 45 days last year

Price Per Square Foot

Median $/sqft
$200
⇧ 12.4% vs $178/sqft last year
Median Home Size
2,375 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 89 this year vs 81 last year
  • Days on market: 44 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $394,500 (+33.5% YoY)
  • Average: $632,687 (+50.6% 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 11.0 miles — 1,164 listings ($505,384,675 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40223Louisville, KY 402230.0 mi52$22,090,536$378,650$424,818
40242Louisville, KY 402422.8 mi26$8,408,166$306,675$323,391
40222Louisville, KY 402223.7 mi59$31,498,566$408,450$533,874
40245Louisville, KY 402454.9 mi126$78,897,546$586,850$626,171
40207Louisville, KY 402076.1 mi87$50,090,337$457,500$575,751
40299Louisville, KY 402997.0 mi156$64,069,980$344,950$410,705
40218Louisville, KY 402187.9 mi88$19,250,264$227,625$218,753
40014Crestwood, KY 400148.2 mi63$39,889,395$527,425$633,165
40010Buckner, KY 400109.0 mi1$641,900$641,900$641,900
40291Louisville, KY 402919.5 mi163$70,537,272$370,051$432,744
47130Jeffersonville, IN 471309.8 mi290$98,621,750$298,925$340,075
40067Simpsonville, KY 4006710.0 mi20$12,866,680$433,700$643,334
40213Louisville, KY 4021311.0 mi33$8,522,283$244,450$258,251

Frequently Asked Questions

How many homes are for sale in LOUISVILLE, KY 40223?

As of September 2026, there are 89 active listings in LOUISVILLE, KY (zip code 40223), compared to 81 the prior year.

What is the median home price in LOUISVILLE, KY 40223?

The median listing price in LOUISVILLE, KY 40223 is $394,500 as of September 2026, a 33.5% increase from $295,500 the prior year.

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

Homes in LOUISVILLE, KY 40223 spend an average of 44 days on the market before going under contract, compared to 45 days the prior year.

Is it a seller's or buyer's market in LOUISVILLE, KY 40223?

Based on current inventory and days-on-market data as of September 2026, LOUISVILLE, KY 40223 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 44 days on market compared to 45 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 40223 save an estimated $7,890 compared to a typical 5% commission on the median listing price of $394,500. 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.