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LOUISVILLE, KY 40229

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

Market Analysis

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

The LOUISVILLE, KY real estate market (40229) currently shows 127 active listings, with 72 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are selling faster, averaging 31 days on market compared to 39 days last year.

The median listing price has fallen 8.1% year-over-year, from $336,687 to $309,288.

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: 39,621  ·  Density: 873.7/mi²  ·  Median household income: $75,827

Typical home value: $180,089  ·  Homeownership: 72.6%

Market Overview

Active Listings
127
⇧ 4.1% vs 122 last year
Pending
72
57% pending ratio
Median Price
$309,288
⇩ 8.1% vs $336,687 last year
Average Price
$355,261
⇧ 0.2% vs $354,715 last year
Days on Market
31
⇩ 20.5% vs 39 days last year

Price Per Square Foot

Median $/sqft
$183
⇧ 10.2% vs $166/sqft last year
Median Home Size
1,742 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 127 this year vs 122 last year
  • Days on market: 31 now vs 39 last year

Median & Average Pricing

Year over Year
  • Median: $309,288 (-8.1% YoY)
  • Average: $355,261 (+0.2% 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
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 12.0 miles — 1,055 listings ($303,573,423 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40229Louisville, KY 402290.0 mi108$37,610,568$292,475$348,246
40219Louisville, KY 402193.8 mi73$19,614,151$270,450$268,687
40118Fairdale, KY 401185.4 mi29$6,998,222$230,000$241,318
40047Mount Washington, KY 400476.5 mi112$44,763,600$383,749$399,675
40218Louisville, KY 402186.9 mi88$19,250,264$227,625$218,753
40209Louisville, KY 402098.1 mi2$281,500$140,750$140,750
40220Louisville, KY 402208.9 mi90$26,090,910$284,450$289,899
40205Louisville, KY 402059.3 mi71$30,459,000$346,250$429,000
40215Louisville, KY 402159.9 mi83$13,930,388$161,150$167,836
40272Louisville, KY 4027210.7 mi139$39,796,256$245,625$286,304
40204Louisville, KY 4020410.8 mi55$21,747,385$309,925$395,407
40216Louisville, KY 4021611.9 mi143$35,006,829$239,300$244,803
40210Louisville, KY 4021012.0 mi62$8,024,350$133,250$129,425

Frequently Asked Questions

How many homes are for sale in LOUISVILLE, KY 40229?

As of March 2026, there are 127 active listings in LOUISVILLE, KY (zip code 40229), compared to 122 the prior year.

What is the median home price in LOUISVILLE, KY 40229?

The median listing price in LOUISVILLE, KY 40229 is $309,288 as of March 2026, a 8.1% decrease from $336,687 the prior year.

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

Homes in LOUISVILLE, KY 40229 spend an average of 31 days on the market before going under contract, compared to 39 days the prior year.

Is it a seller's or buyer's market in LOUISVILLE, KY 40229?

Based on current inventory and days-on-market data as of March 2026, LOUISVILLE, KY 40229 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 31 days on market compared to 39 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 40229 save an estimated $6,186 compared to a typical 5% commission on the median listing price of $309,288. 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.