Market Intelligence · KY / Louisville

Louisville, KY 40206 Housing Market

The typical home value in Louisville, KY 40206 is $289,376, down 0.1% over the past year. The median list price sits at $259,900, and homes spend a median of 44 days on the market.

Updated August 2026Median value$289K

The median home value in Louisville, KY 40206 is $289K as of August 2026, down 0.1% 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 40206 range

$266K to $313K

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

-0.1% over 12 months

Typical home value in 40206 over the last 12 months: $290K in Aug 2025 to $289K in Aug 2026 (-0.1%).

Aug 2025$290K

Aug 2026$289K

The numbers

What is the 40206 housing market like?

Typical home value

$289K

Down0.1%YoY

Median list price

$260K

Down5.0%MoM

Days on market

44

Flat0.0%MoM

Homes for sale

85

Up9.0%MoM

Price cuts

26.0%

Up71.9%MoM

New listings

32

Down5.9%MoM

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

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The comparison

How do 40206 home prices compare?

  • 40206$289,376
  • 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

Values in 40206 are essentially flat, with the typical home value at $289,376, down 0.1% over the past year. As of 2026-08-01, there are 85 homes for sale, with 32 new listings adding to the supply. Homes are moving at a moderate pace, with a median of 44 days on market. About 26.0% of listings have taken a price cut, which suggests some sellers are adjusting expectations. For a seller, the honest read is that pricing accurately from the start matters more than testing the market.

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