Market Intelligence · KY / Louisville

Louisville, KY 40207 Housing Market

Typical home value in Louisville's 40207 ZIP is $424,243, up 2.2% over the past year. The median list price stands at $414,950, with homes spending 39 days on market as of September 2026.

Updated September 2026Median value$424K

The median home value in Louisville, KY 40207 is $424K as of September 2026, up 2.2% 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 40207 range

$390K to $458K

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

+2.2% over 12 months

Sep 2025$415K

Low $415KHigh $424K

Sep 2026$424K

The numbers

What is the 40207 housing market like?

As of September 2026

Typical home value

$424K

2.2%YoY

Median list price

$415K

1.2%MoM

Days on market

5.4%MoM

Homes for sale

1.2%MoM

Price cuts

23.9%

26.9%MoM

New listings

18.2%MoM

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

The outlook

40207 housing market forecast 2027

+1.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 40207 to rise 1.9% by September 2027.

Over the 12 months through September 2026, typical home values in 40207 rose 2.2%, per the Zillow Home Value Index.

Will home prices drop in 40207?

Zillow's forecast does not call for a drop: it expects typical home values in 40207 to rise 1.9% by September 2027, after a 2.2% 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 40207 home prices compare?

40207$424,243
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 40207 market had 80 homes for sale in September 2026, with 36 new listings entering the market. Median days on market of 39 suggests a balanced pace of sales activity. Nearly one-quarter of listings, at 23.9%, carried a price cut, indicating some seller adjustment as homes price in. The year-over-year appreciation of 2.2% shows modest but steady value gains. For sellers, the presence of price cuts alongside steady appreciation means pricing right from the start remains important.

Monthly payment

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Home price

Down payment20% · $84,849

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Common questions

What people ask us.

What is a typical home worth in 40207?

As of September 2026, the typical home value is $424,243, reflecting a 2.2% increase over the past year.

How long do homes take to sell in this ZIP?

Median days on market is 39 days as of September 2026.

What percentage of homes have had their price reduced?

As of September 2026, 23.9% of listings carried a price cut.

Discover

Nearby ZIP markets.

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