Market Intelligence · KY / Louisville

Louisville, KY 40202 Housing Market

A typical home in Louisville's 40202 ZIP code is worth $345,847, up 7.0% over the past year. The median list price sits at $428,675, with homes taking a median of 66 days to sell as of September 2026.

Updated September 2026Median value$346K

The median home value in Louisville, KY 40202 is $346K as of September 2026, up 7.0% 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.

Sell without the wait

Sell your Louisville home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 40202 range

$318K to $374K

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.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 40202 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Louisville, KY.

12-month value trend

+7.0% over 12 months

Sep 2025$323K

Low $323KHigh $346K

Sep 2026$346K

The numbers

What is the 40202 housing market like?

As of September 2026

Typical home value

$346K

7.0%YoY

Median list price

$429K

0.3%MoM

Days on market

46.7%MoM

Homes for sale

8.0%MoM

Price cuts

12.4%

New listings

0.0%MoM

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

The outlook

40202 housing market forecast 2027

+2.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 40202 to rise 2.2% by September 2027.

Over the 12 months through September 2026, typical home values in 40202 rose 7.0%, per the Zillow Home Value Index.

Will home prices drop in 40202?

Zillow's forecast does not call for a drop: it expects typical home values in 40202 to rise 2.2% by September 2027, after a 7.0% rise 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.

Free home value report

See what your 40202 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 40202 home prices compare?

40202$345,847
Louisville$252,363
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 (Louisville: 31 ZIPs; Kentucky: 598 ZIPs; United States: 26,262 ZIPs).

Context

The 40202 market shows moderate inventory with 27 homes for sale and only 4 new listings in September 2026. At a median of 66 days on market, properties are taking time to move. The gap between typical home value and median list price suggests many sellers are pricing above recent comparable sales. With 12.4% of listings carrying a price cut, some sellers are adjusting expectations. If you're considering selling, the pace of sales and prevalence of price reductions suggest caution about overpricing.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $69,169

Term

Rate (%)

Common questions

What people ask us.

How much is a typical home worth in 40202?

A typical home in the 40202 ZIP code is worth $345,847 as of September 2026, representing a 7.0% increase over the past year.

How long do homes stay on the market in 40202?

Homes in this ZIP code have a median of 66 days on market as of September 2026.

Are sellers cutting prices in 40202?

12.4% of listings carried a price cut as of September 2026, indicating some seller adjustment in the market.

Discover

Nearby ZIP markets.

Keep reading