Call or Text (240) SELL-123

LOUISVILLE, KY 40228

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

Market Overview

Active Listings
61
⇧ 27.1% vs 48 last year
Pending
24
39% pending ratio
Median Price
$305,000
⇧ 3.1% vs $295,813 last year
Average Price
$301,981
⇩ 6% vs $321,232 last year
Days on Market
34
⇩ 44.3% vs 61 days last year

Market Context

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

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

Market Analysis

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

The LOUISVILLE, KY real estate market (40228) currently shows 61 active listings, with 24 pending sales. Homes are averaging 34 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are selling faster, averaging 34 days on market compared to 61 days last year.

The median listing price has risen 3.1% year-over-year, from $295,813 to $305,000.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for LOUISVILLE, KY 40228 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 61 this year vs 48 last year
  • Days on market: 34 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $305,000 (+3.1% YoY)
  • Average: $301,981 (-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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.3 miles — 665 listings ($221,756,706 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40228Louisville, KY 402280.0 mi61$18,420,841$305,000$301,981
40219Louisville, KY 402193.2 mi84$22,514,940$269,900$268,035
40218Louisville, KY 402183.8 mi84$18,620,196$230,000$221,669
40213Louisville, KY 402135.4 mi37$9,372,618$256,950$253,314
40205Louisville, KY 402056.5 mi74$33,325,234$350,000$450,341
40118Fairdale, KY 401187.4 mi23$5,723,067$234,900$248,829
40047Mount Washington, KY 400478.0 mi100$37,878,200$379,999$378,782
40204Louisville, KY 402048.5 mi53$20,347,177$309,400$383,909
40243Louisville, KY 402438.7 mi31$11,311,900$369,900$364,900
40109Brooks, KY 401098.8 mi12$4,280,184$322,450$356,682
40208Louisville, KY 402089.2 mi38$11,828,868$184,225$311,286
40223Louisville, KY 402239.7 mi53$20,345,481$309,500$383,877
40202Louisville, KY 4020210.3 mi15$7,788,000$442,000$519,200

Frequently Asked Questions

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

As of January 2026, there are 61 active listings in LOUISVILLE, KY (zip code 40228), compared to 48 the prior year.

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

The median listing price in LOUISVILLE, KY 40228 is $305,000 as of January 2026, a 3.1% increase from $295,813 the prior year.

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

Homes in LOUISVILLE, KY 40228 spend an average of 34 days on the market before going under contract, compared to 61 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 January 2026, LOUISVILLE, KY 40228 is currently a Balanced Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are selling faster, averaging 34 days on market compared to 61 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 $6,100 compared to a typical 5% commission on the median listing price of $305,000. 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.