Data as of July 2026. Source: Realtor.com.
The LOUISVILLE, KY real estate market (40242) currently shows 38 active listings, with 25 pending sales. Homes are averaging 28 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 28 days on market compared to 29 days last year.
The median listing price has fallen 4.3% year-over-year, from $337,175 to $322,700.
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.
Population: 11,544 · Density: 1,558.6/mi² · Median household income: $78,994
Typical home value: $277,229 · Homeownership: 68.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 40242 | Louisville, KY 40242 | 0.0 mi | 26 | $8,408,166 | $306,675 | $323,391 |
| 40241 | Louisville, KY 40241 | 2.0 mi | 80 | $33,537,840 | $381,950 | $419,223 |
| 40207 | Louisville, KY 40207 | 3.6 mi | 87 | $50,090,337 | $457,500 | $575,751 |
| 40243 | Louisville, KY 40243 | 4.1 mi | 32 | $11,413,888 | $381,250 | $356,684 |
| 40059 | Prospect, KY 40059 | 5.6 mi | 127 | $160,810,575 | $935,500 | $1,266,225 |
| 40206 | Louisville, KY 40206 | 6.2 mi | 68 | $19,067,200 | $250,188 | $280,400 |
| 40218 | Louisville, KY 40218 | 7.0 mi | 88 | $19,250,264 | $227,625 | $218,753 |
| 40245 | Louisville, KY 40245 | 7.5 mi | 126 | $78,897,546 | $586,850 | $626,171 |
| 40299 | Louisville, KY 40299 | 8.8 mi | 156 | $64,069,980 | $344,950 | $410,705 |
| 40217 | Louisville, KY 40217 | 9.0 mi | 46 | $12,284,576 | $269,875 | $267,056 |
| 40203 | Louisville, KY 40203 | 9.7 mi | 67 | $15,578,036 | $188,000 | $232,508 |
| 40228 | Louisville, KY 40228 | 9.7 mi | 63 | $19,425,042 | $311,000 | $308,334 |
| 47129 | Clarksville, IN 47129 | 10.0 mi | 58 | $14,511,252 | $236,700 | $250,194 |
As of July 2026, there are 38 active listings in LOUISVILLE, KY (zip code 40242), compared to 44 the prior year.
The median listing price in LOUISVILLE, KY 40242 is $322,700 as of July 2026, a 4.3% decrease from $337,175 the prior year.
Homes in LOUISVILLE, KY 40242 spend an average of 28 days on the market before going under contract, compared to 29 days the prior year.
Based on current inventory and days-on-market data as of July 2026, LOUISVILLE, KY 40242 is currently a Seller's Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 28 days on market compared to 29 days last year.
With SELL123.com's maximum 3% commission, sellers in LOUISVILLE, KY 40242 save an estimated $6,454 compared to a typical 5% commission on the median listing price of $322,700. 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.