Market Intelligence · KY / London

London, KY 40741 Housing Market

Typical home value in London, KY 40741 stands at $186,143, down 0.8% over the past year. The median list price is $330,000, and homes are taking 85 days to sell as of September 2026.

Updated September 2026Median value$186K

The median home value in London, KY 40741 is $186K as of September 2026, down 0.8% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 40741 range

$171K to $201K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-0.8% over 12 months

Typical home value in 40741 over the last 12 months: $188K in Sep 2025 to $186K in Sep 2026 (-0.8%).

Sep 2025$188K

Sep 2026$186K

The numbers

What is the 40741 housing market like?

Typical home value

$186K

Down0.8%YoY

Median list price

$330K

Down2.1%MoM

Days on market

85

Up16.4%MoM

Homes for sale

79

Down3.7%MoM

Price cuts

15.1%

Down27.5%MoM

New listings

26

Up116.7%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

40741 housing market forecast 2027

+0.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 40741 to stay roughly flat by September 2027 (up 0.2%).

Over the 12 months through September 2026, typical home values in 40741 fell 0.8%, per the Zillow Home Value Index.

Will home prices drop in 40741?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 40741 to stay roughly flat by September 2027 (up 0.2%), after a 0.8% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 40741 home prices compare?

  • 40741$186,143
  • London$191,791
  • Kentucky$168,346
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (London: 2 ZIPs; Kentucky: 598 ZIPs; United States: 26,262 ZIPs).

Context

London's market shows modest headwinds. There are 79 homes for sale, with 26 new listings added in September 2026. The median days on market of 85 suggests homes are not moving quickly. Additionally, 15.1% of listings have seen a price cut, indicating some sellers are adjusting expectations. If you're considering selling, the combination of steady inventory and slower pace means you'll likely need patience and realistic pricing.

Monthly payment

Estimate your monthly payment.

20% · $37,229

Common questions

What people ask us.

What is the typical home value in 40741?

Typical home value is $186,143, which declined 0.8% over the past year as of September 2026.

How long do homes stay on the market in London?

The median days on market is 85 as of September 2026.

How many homes are currently for sale in 40741?

There are 79 homes for sale as of September 2026, with 26 new listings added that month.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.