How much is a home in 40741 worth?

The typical home value in 40741 is $182,212 as of 2026-08-01, down 1.6% over the past year. The median list price of $337,000 shows that asking prices often run well above typical values.

How long do homes take to sell in 40741?

The median days on market in 40741 is 73 days as of 2026-08-01. That is a slower pace, giving buyers room to negotiate on the 82 homes currently for sale.

Are sellers cutting prices in 40741?

Yes, 20.9% of active listings in 40741 have had a price cut as of 2026-08-01. Combined with the 1.6% yearly decline in typical value, this points to sellers adjusting to meet the market.

Market Intelligence · KY / London

London, KY 40741 Housing Market

The typical home value in London, KY 40741 is $182,212, down 1.6% over the past year as of 2026-08-01. Sellers are asking a median list price of $337,000, and homes sit for a median of 73 days on market.

Updated August 2026Median value$182K

The median home value in London, KY 40741 is $182K as of August 2026, down 1.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 40741 range

$168K to $197K

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

-1.6% over 12 months

Aug 2025$185K

Low $180KHigh $185K

Aug 2026$182K

The numbers

What is the 40741 housing market like?

As of August 2026

Typical home value

$182K

1.6%YoY

Median list price

$337K

0.6%MoM

Days on market

7.6%MoM

Homes for sale

1.2%MoM

Price cuts

20.9%

5.2%MoM

New listings

53.8%MoM

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

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The comparison

How do 40741 home prices compare?

40741$182,212
London$187,471
Kentucky$169,896
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (London: 2 ZIPs; Kentucky: 598 ZIPs; United States: 26,265 ZIPs).

Context

The 40741 market has 82 homes for sale and only 12 new listings, so fresh supply is thin relative to what is already sitting. A median of 73 days on market means buyers have time to look and negotiate. One in five listings has taken a price cut, at 20.9% of active homes. The typical home value of $182,212, down 1.6% over the past year, confirms that pricing power has softened. For a seller, the honest read is that realistic pricing from day one matters more than optimism.

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