Market Intelligence · KY / Louisville

Louisville, KY 40209 Housing Market

Homes in Louisville's 40209 ZIP code have a typical value of $118,208, up 6.2% over the past year. The median list price is $179,900, and homes typically spend 58 days on market.

Updated September 2026Median value$118K

The median home value in Louisville, KY 40209 is $118K as of September 2026, up 6.2% 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 40209 range

$109K to $128K

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

+6.2% over 12 months

Sep 2025$111K

Low $111KHigh $118K

Sep 2026$118K

The numbers

What is the 40209 housing market like?

As of September 2026

Typical home value

$118K

6.2%YoY

Median list price

$180K

25.4%MoM

Days on market

26.6%MoM

Homes for sale

Price cuts

0.0%

New listings

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

The outlook

40209 housing market forecast 2027

+1.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 40209 to rise 1.7% by September 2027.

Over the 12 months through September 2026, typical home values in 40209 rose 6.2%, per the Zillow Home Value Index.

Will home prices drop in 40209?

Zillow's forecast does not call for a drop: it expects typical home values in 40209 to rise 1.7% by September 2027, after a 6.2% 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 40209 home prices compare?

40209$118,208
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 6.2% year-over-year appreciation reflects steady demand in this Louisville neighborhood. Median list prices sit at $179,900, with homes taking a median of 58 days to sell. Notably, no listings have seen price reductions, suggesting sellers are holding firm on their asking prices. For homeowners considering a sale, the absence of price cuts combined with consistent appreciation indicates a stable market without the urgency or weakness that forces concessions.

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Down payment20% · $23,642

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Common questions

What people ask us.

What is the typical home value in 40209?

Typical home value in 40209 is $118,208, which has increased 6.2% over the past year.

How long do homes typically stay on the market here?

Homes in 40209 spend a median of 58 days on market.

What are homes listed for in 40209?

The median list price in 40209 is $179,900 as of September 2026.

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