Market Intelligence · KY / Louisville

Louisville, KY 40203 Housing Market

The typical home value in Louisville, KY 40203 is $150,737, up 0.4% over the past year. The median list price is $245,500, and homes spend a median of 45 days on market. That gap between value and asking price says sellers here are pricing above what the market has been delivering.

Updated August 2026Median value$151K

The median home value in Louisville, KY 40203 is $151K as of August 2026, up 0.4% 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 40203 range

$139K to $163K

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

+0.4% over 12 months

Typical home value in 40203 over the last 12 months: $150K in Aug 2025 to $151K in Aug 2026 (+0.4%).

Aug 2025$150K

Aug 2026$151K

The numbers

What is the 40203 housing market like?

Typical home value

$151K

Up0.4%YoY

Median list price

$246K

Down3.3%MoM

Days on market

45

Down6.2%MoM

Homes for sale

68

Up13.3%MoM

Price cuts

34.2%

Up23.9%MoM

New listings

32

Up77.8%MoM

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

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The comparison

How do 40203 home prices compare?

  • 40203$150,737
  • Louisville$252,406
  • 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 (Louisville: 31 ZIPs; Kentucky: 598 ZIPs; United States: 26,265 ZIPs).

Context

There are 68 homes for sale in 40203 as of 2026-08-01, with 32 new listings coming on. The median list price sits at $245,500, well above the typical home value of $150,737, which has risen only 0.4% over the past year. Homes take a median of 45 days to sell. Meanwhile, 34.2% of listings have taken a price cut, which suggests many sellers are starting high and adjusting down. If you are selling in 40203, expect the market to push back on an ambitious asking price, so pricing realistically from the start matters.

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