Market Intelligence · KY / Louisville

Louisville, KY 40203 Housing Market

The typical home in Louisville 40203 is valued at $146,732, up 0.9% over the past year. The median list price stands at $243,000, with homes spending a median of 40 days on market.

Updated September 2026Median value$147K

The median home value in Louisville, KY 40203 is $147K as of September 2026, up 0.9% 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 40203 range

$135K to $158K

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

+0.9% over 12 months

Sep 2025$145K

Low $145KHigh $152K

Sep 2026$147K

The numbers

What is the 40203 housing market like?

As of September 2026

Typical home value

$147K

0.9%YoY

Median list price

$243K

1.0%MoM

Days on market

11.1%MoM

Homes for sale

14.7%MoM

Price cuts

30.1%

12.0%MoM

New listings

37.5%MoM

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

The outlook

40203 housing market forecast 2027

+2.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 40203 to rise 2.4% by September 2027.

Over the 12 months through September 2026, typical home values in 40203 rose 0.9%, per the Zillow Home Value Index.

Will home prices drop in 40203?

Zillow's forecast does not call for a drop: it expects typical home values in 40203 to rise 2.4% by September 2027, after a 0.9% 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.

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The comparison

How do 40203 home prices compare?

40203$146,732
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 40203 ZIP has 78 homes for sale as of September 2026, with 20 new listings added recently. The median list price of $243,000 reflects a market segment above the typical home value of $146,732. At 40 days on market, homes are moving at a moderate pace. Notable is that 30.1% of listings have seen price reductions, suggesting some sellers are adjusting to current conditions. If you're considering selling, expect a measured market where pricing strategy and condition matter.

Monthly payment

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Home price

Down payment20% · $29,346

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Common questions

What people ask us.

What is a typical home worth in 40203?

The typical home value in this ZIP is $146,732, which has appreciated 0.9% over the past year.

How long do homes stay on the market in 40203?

The median days on market is 40, indicating a moderate selling timeline for most properties.

What are homes listed for in 40203?

The median list price is $243,000 as of September 2026.

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