Market Intelligence · KY / Louisville

Louisville, KY 40215 Housing Market

The typical home value in Louisville's 40215 ZIP code stands at $135,184, down 4.0% over the past year. The median list price is $166,950, with homes spending a median of 47 days on the market as of September 2026.

Updated September 2026Median value$135K

The median home value in Louisville, KY 40215 is $135K as of September 2026, down 4.0% 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 40215 range

$124K to $146K

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

-4.0% over 12 months

Sep 2025$141K

Low $135KHigh $141K

Sep 2026$135K

The numbers

What is the 40215 housing market like?

As of September 2026

Typical home value

$135K

4.0%YoY

Median list price

$167K

0.3%MoM

Days on market

6.8%MoM

Homes for sale

10.2%MoM

Price cuts

30.8%

9.6%MoM

New listings

0.0%MoM

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

The outlook

40215 housing market forecast 2027

+1.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 40215 to rise 1.6% by September 2027.

Over the 12 months through September 2026, typical home values in 40215 fell 4.0%, per the Zillow Home Value Index.

Will home prices drop in 40215?

Zillow's forecast does not call for a drop: it expects typical home values in 40215 to rise 1.6% by September 2027, after a 4.0% decline 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 40215 home prices compare?

40215$135,184
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

As of September 2026, there are 65 homes for sale in 40215, with 28 new listings added recently. The median days on market of 47 suggests steady but unhurried selling conditions. Price cuts are common here, affecting 30.8% of listings. Given the year-over-year decline in typical home value, sellers should price strategically and be prepared for negotiation.

Monthly payment

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Home price

Down payment20% · $27,037

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Common questions

What people ask us.

What is the typical home value in 40215?

The typical home value is $135,184, having declined 4.0% over the past year as of September 2026.

How long do homes take to sell in 40215?

The median days on market is 47 as of September 2026.

What share of homes have price reductions?

About 30.8% of listings have seen a price cut as of September 2026.

Discover

Nearby ZIP markets.

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