How much is a home in 40215 worth?

The typical home value in 40215 is $137,327, down 3.8% over the past year.

How long do homes take to sell in 40215?

Homes in 40215 spend a median of 44 days on the market. There are currently 59 homes for sale.

Are sellers cutting prices in 40215?

Yes. 28.1% of listings in 40215 have had a price cut, and the median list price is $166,500.

Market Intelligence · KY / Louisville

Louisville, KY 40215 Housing Market

The typical home value in Louisville, KY 40215 is $137,327, down 3.8% over the past year. Homes are listed at a median price of $166,500 and spend a median of 44 days on the market.

Updated August 2026Median value$137K

The median home value in Louisville, KY 40215 is $137K as of August 2026, down 3.8% 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 40215 range

$126K to $148K

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

-3.8% over 12 months

Aug 2025$143K

Low $137KHigh $143K

Aug 2026$137K

The numbers

What is the 40215 housing market like?

As of August 2026

Typical home value

$137K

3.8%YoY

Median list price

$167K

2.5%MoM

Days on market

4.3%MoM

Homes for sale

18.0%MoM

Price cuts

28.1%

16.0%MoM

New listings

12.5%MoM

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

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The comparison

How do 40215 home prices compare?

40215$137,327
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

Home values in 40215 have softened, with the typical home worth $137,327 after a 3.8% decline over the past year. The median list price sits at $166,500, above the typical value, which suggests many sellers are still pricing higher than what the market is delivering. There are 59 homes for sale and 28 new listings, so buyers have a reasonable selection. Homes take a median of 44 days to sell, and 28.1% of listings have taken a price cut. For a seller, pricing realistically from the start matters more than usual in this market.

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