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LOUISVILLE, KY 40228

Real Estate Market Report  ·  Jefferson County
Buyer's Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The LOUISVILLE, KY real estate market (40228) currently shows 85 active listings, with 35 pending sales. Homes are averaging 27 days on the market before going under contract.

Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 27 days on market compared to 25 days last year.

The median listing price has fallen 0.1% year-over-year, from $324,675 to $324,225.

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 Context

Market Context

Population: 17,808  ·  Density: 793.8/mi²  ·  Median household income: $74,025

Typical home value: $209,254  ·  Homeownership: 79.0%

Market Overview

Active Listings
85
⇧ 26.9% vs 67 last year
Pending
35
41% pending ratio
Median Price
$324,225
⇩ 0.1% vs $324,675 last year
Average Price
$322,130
⇩ 1% vs $325,383 last year
Days on Market
27
⇧ 8% vs 25 days last year

Price Per Square Foot

Median $/sqft
$168
⇧ 2.4% vs $164/sqft last year
Median Home Size
1,918 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 85 this year vs 67 last year
  • Days on market: 27 now vs 25 last year

Median & Average Pricing

Year over Year
  • Median: $324,225 (-0.1% YoY)
  • Average: $322,130 (-1% 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 10.3 miles — 675 listings ($227,076,960 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40228Louisville, KY 402280.0 mi63$19,425,042$311,000$308,334
40219Louisville, KY 402193.2 mi73$19,614,151$270,450$268,687
40218Louisville, KY 402183.8 mi88$19,250,264$227,625$218,753
40213Louisville, KY 402135.4 mi33$8,522,283$244,450$258,251
40205Louisville, KY 402056.5 mi71$30,459,000$346,250$429,000
40118Fairdale, KY 401187.4 mi29$6,998,222$230,000$241,318
40047Mount Washington, KY 400478.0 mi112$44,763,600$383,749$399,675
40204Louisville, KY 402048.5 mi55$21,747,385$309,925$395,407
40243Louisville, KY 402438.7 mi32$11,413,888$381,250$356,684
40109Brooks, KY 401098.8 mi13$4,568,278$317,450$351,406
40208Louisville, KY 402089.2 mi37$8,774,402$176,400$237,146
40223Louisville, KY 402239.7 mi52$22,090,536$378,650$424,818
40202Louisville, KY 4020210.3 mi17$9,449,909$437,000$555,877

Frequently Asked Questions

How many homes are for sale in LOUISVILLE, KY 40228?

As of June 2026, there are 85 active listings in LOUISVILLE, KY (zip code 40228), compared to 67 the prior year.

What is the median home price in LOUISVILLE, KY 40228?

The median listing price in LOUISVILLE, KY 40228 is $324,225 as of June 2026, a 0.1% decrease from $324,675 the prior year.

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

Homes in LOUISVILLE, KY 40228 spend an average of 27 days on the market before going under contract, compared to 25 days the prior year.

Is it a seller's or buyer's market in LOUISVILLE, KY 40228?

Based on current inventory and days-on-market data as of June 2026, LOUISVILLE, KY 40228 is currently a Buyer's Market. Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 27 days on market compared to 25 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 40228 save an estimated $6,485 compared to a typical 5% commission on the median listing price of $324,225. 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.