Call or Text (240) SELL-123

LOUISVILLE, KY 40245

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

Market Analysis

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

The LOUISVILLE, KY real estate market (40245) currently shows 155 active listings, with 74 pending sales. Homes are averaging 33 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 33 days on market compared to 32 days last year.

The median listing price has fallen 8.3% year-over-year, from $569,450 to $522,386.

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 40245 and connect with motivated buyers & sellers.
Contact SELL123.com →

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
155
⇩ 1.9% vs 158 last year
Pending
74
48% pending ratio
Median Price
$522,386
⇩ 8.3% vs $569,450 last year
Average Price
$597,856
⇧ 0.4% vs $595,505 last year
Days on Market
33
⇧ 3.1% vs 32 days last year

Price Per Square Foot

Median $/sqft
$192
⇩ 1.5% vs $195/sqft last year
Median Home Size
2,791 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 155 this year vs 158 last year
  • Days on market: 33 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $522,386 (-8.3% YoY)
  • Average: $597,856 (+0.4% 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 April 2026, there are 155 active listings in LOUISVILLE, KY (zip code 40245), compared to 158 the prior year.

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

The median listing price in LOUISVILLE, KY 40245 is $522,386 as of April 2026, a 8.3% decrease from $569,450 the prior year.

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

Homes in LOUISVILLE, KY 40245 spend an average of 33 days on the market before going under contract, compared to 32 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 April 2026, LOUISVILLE, KY 40245 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 33 days on market compared to 32 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 $10,448 compared to a typical 5% commission on the median listing price of $522,386. 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.