Market Intelligence · KY / Louisville

Louisville, KY 40204 Housing Market

Homes in Louisville 40204 are valued around $279,894, up 1.3% over the past year. The median listing price stands at $309,725, with homes typically spending 39 days on the market.

Updated September 2026Median value$280K

The median home value in Louisville, KY 40204 is $280K as of September 2026, up 1.3% 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 40204 range

$258K to $302K

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

+1.3% over 12 months

Sep 2025$276K

Low $276KHigh $280K

Sep 2026$280K

The numbers

What is the 40204 housing market like?

As of September 2026

Typical home value

$280K

1.3%YoY

Median list price

$310K

5.3%MoM

Days on market

11.4%MoM

Homes for sale

28.6%MoM

Price cuts

42.1%

155.4%MoM

New listings

8.3%MoM

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

The outlook

40204 housing market forecast 2027

+1.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 40204 to rise 1.7% by September 2027.

Over the 12 months through September 2026, typical home values in 40204 rose 1.3%, per the Zillow Home Value Index.

Will home prices drop in 40204?

Zillow's forecast does not call for a drop: it expects typical home values in 40204 to rise 1.7% by September 2027, after a 1.3% 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 40204 home prices compare?

40204$279,894
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

There are 72 homes for sale in 40204 as of September 2026, with 22 new listings added recently. The median time to sell sits at 39 days. However, price cuts are common here, affecting 42.1% of current listings. This suggests sellers may need flexibility on pricing expectations. If you are considering a sale, expect negotiation and plan accordingly.

Monthly payment

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Home price

Down payment20% · $55,979

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Common questions

What people ask us.

What is the typical home value in Louisville 40204?

The typical home value is $279,894, which has risen 1.3% over the past year.

How many homes are currently for sale in this ZIP?

There are 72 homes for sale as of September 2026, with 22 new listings in the recent period.

How long do homes typically stay on the market?

Homes spend a median of 39 days on the market in this area.

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Nearby ZIP markets.

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