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LOUISVILLE, KY 40229

Real Estate Market Report  ·  Jefferson County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
114
⇩ 3.4% vs 118 last year
Pending
49
43% pending ratio
Median Price
$289,500
⇩ 14.2% vs $337,248 last year
Average Price
$346,647
⇧ 1.5% vs $341,578 last year
Days on Market
30
⇩ 62.5% vs 80 days last year

Market Context

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

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

Market Analysis

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

The LOUISVILLE, KY real estate market (40229) currently shows 114 active listings, with 49 pending sales. Homes are averaging 30 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 30 days on market compared to 80 days last year.

The median listing price has fallen 14.2% year-over-year, from $337,248 to $289,500.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 114 this year vs 118 last year
  • Days on market: 30 now vs 80 last year

Median & Average Pricing

Year over Year
  • Median: $289,500 (-14.2% YoY)
  • Average: $346,647 (+1.5% 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 12.0 miles — 1,022 listings ($296,518,181 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40229Louisville, KY 402290.0 mi114$39,517,758$289,500$346,647
40219Louisville, KY 402193.8 mi84$22,514,940$269,900$268,035
40118Fairdale, KY 401185.4 mi23$5,723,067$234,900$248,829
40047Mount Washington, KY 400476.5 mi100$37,878,200$379,999$378,782
40218Louisville, KY 402186.9 mi84$18,620,196$230,000$221,669
40209Louisville, KY 402098.1 mi3$549,000$183,000$183,000
40220Louisville, KY 402208.9 mi88$25,602,016$284,900$290,932
40205Louisville, KY 402059.3 mi74$33,325,234$350,000$450,341
40215Louisville, KY 402159.9 mi71$11,734,738$164,900$165,278
40272Louisville, KY 4027210.7 mi147$41,910,141$240,000$285,103
40204Louisville, KY 4020410.8 mi53$20,347,177$309,400$383,909
40216Louisville, KY 4021611.9 mi130$32,072,690$240,000$246,713
40210Louisville, KY 4021012.0 mi51$6,723,024$139,000$131,824

Frequently Asked Questions

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

As of January 2026, there are 114 active listings in LOUISVILLE, KY (zip code 40229), compared to 118 the prior year.

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

The median listing price in LOUISVILLE, KY 40229 is $289,500 as of January 2026, a 14.2% decrease from $337,248 the prior year.

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

Homes in LOUISVILLE, KY 40229 spend an average of 30 days on the market before going under contract, compared to 80 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 January 2026, LOUISVILLE, KY 40229 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 30 days on market compared to 80 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 $5,790 compared to a typical 5% commission on the median listing price of $289,500. 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.