How much is a home in 40217 worth?

The typical home value in 40217 is $238,562 as of 2026-08-01, up 0.7% over the past year. The median list price is $240,000.

How fast do homes sell in 40217?

Homes in 40217 spend a median of 34 days on market as of 2026-08-01. That pace is measured across the 55 homes currently for sale.

Are sellers cutting prices in 40217?

Yes, 45.8% of listings in 40217 had a price cut as of 2026-08-01. This points to a market where initial asking prices are often being adjusted downward.

Market Intelligence · KY / Louisville

Louisville, KY 40217 Housing Market

The typical home value in Louisville, KY 40217 is $238,562, up 0.7% over the past year as of 2026-08-01. The median list price is $240,000, and homes spend a median of 34 days on market.

Updated August 2026Median value$239K

The median home value in Louisville, KY 40217 is $239K as of August 2026, up 0.7% 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 40217 range

$219K to $258K

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

+0.7% over 12 months

Aug 2025$237K

Low $236KHigh $242K

Aug 2026$239K

The numbers

What is the 40217 housing market like?

As of August 2026

Typical home value

$239K

0.7%YoY

Median list price

$240K

0.4%MoM

Days on market

13.3%MoM

Homes for sale

7.8%MoM

Price cuts

45.8%

66.4%MoM

New listings

33.3%MoM

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

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The comparison

How do 40217 home prices compare?

40217$238,562
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

The 40217 market shows steady conditions, with the typical home value at $238,562 and up 0.7% over the past year. As of 2026-08-01, there are 55 homes for sale and 20 new listings, so buyers have a moderate amount of choice. The median list price is $240,000, sitting close to the typical value, and homes move at a median of 34 days on market. At the same time, 45.8% of listings have taken a price cut, which suggests sellers are adjusting to meet buyer expectations. If you are thinking about selling, pricing accurately from the start matters more than usual here.

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