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LOUISVILLE, KY 40245

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 (40245) currently shows 144 active listings, with 64 pending sales. Homes are averaging 37 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are selling faster, averaging 37 days on market compared to 40 days last year.

The median listing price has fallen 6.8% year-over-year, from $589,000 to $548,725.

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: 38,861  ·  Density: 460.8/mi²  ·  Median household income: $118,333

Typical home value: $417,860  ·  Homeownership: 78.2%

Market Overview

Active Listings
144
⇧ 5.9% vs 136 last year
Pending
64
44% pending ratio
Median Price
$548,725
⇩ 6.8% vs $589,000 last year
Average Price
$610,501
⇩ 2.6% vs $626,802 last year
Days on Market
37
⇩ 7.5% vs 40 days last year

Price Per Square Foot

Median $/sqft
$195
⇩ 1% vs $197/sqft last year
Median Home Size
2,889 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 144 this year vs 136 last year
  • Days on market: 37 now vs 40 last year

Median & Average Pricing

Year over Year
  • Median: $548,725 (-6.8% YoY)
  • Average: $610,501 (-2.6% 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
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 13.5 miles — 971 listings ($524,366,527 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40245Louisville, KY 402450.0 mi126$78,897,546$586,850$626,171
40243Louisville, KY 402434.6 mi32$11,413,888$381,250$356,684
40014Crestwood, KY 400145.3 mi63$39,889,395$527,425$633,165
40241Louisville, KY 402417.2 mi80$33,537,840$381,950$419,223
40010Buckner, KY 400107.4 mi1$641,900$641,900$641,900
40299Louisville, KY 402997.9 mi156$64,069,980$344,950$410,705
40059Prospect, KY 400599.5 mi127$160,810,575$935,500$1,266,225
40022Finchville, KY 4002210.2 mi3$2,030,625$755,875$676,875
40025Glenview, KY 4002511.1 mi1$4,795,000$4,795,000$4,795,000
40291Louisville, KY 4029111.7 mi163$70,537,272$370,051$432,744
40218Louisville, KY 4021812.2 mi88$19,250,264$227,625$218,753
40228Louisville, KY 4022813.0 mi63$19,425,042$311,000$308,334
40206Louisville, KY 4020613.5 mi68$19,067,200$250,188$280,400

Frequently Asked Questions

How many homes are for sale in LOUISVILLE, KY 40245?

As of March 2026, there are 144 active listings in LOUISVILLE, KY (zip code 40245), compared to 136 the prior year.

What is the median home price in LOUISVILLE, KY 40245?

The median listing price in LOUISVILLE, KY 40245 is $548,725 as of March 2026, a 6.8% decrease from $589,000 the prior year.

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

Homes in LOUISVILLE, KY 40245 spend an average of 37 days on the market before going under contract, compared to 40 days the prior year.

Is it a seller's or buyer's market in LOUISVILLE, KY 40245?

Based on current inventory and days-on-market data as of March 2026, LOUISVILLE, KY 40245 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 37 days on market compared to 40 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 40245 save an estimated $10,975 compared to a typical 5% commission on the median listing price of $548,725. 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.