Market Intelligence · KY / Louisville

Louisville, KY 40217 Housing Market

The typical home value in Louisville's 40217 ZIP is $235,253, up 1.0% over the past year. The median list price sits at $235,000, with homes spending a median of 38 days on market as of September 2026.

Updated September 2026Median value$235K

The median home value in Louisville, KY 40217 is $235K as of September 2026, up 1.0% 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 40217 range

$216K to $254K

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

+1.0% over 12 months

Sep 2025$233K

Low $233KHigh $238K

Sep 2026$235K

The numbers

What is the 40217 housing market like?

As of September 2026

Typical home value

$235K

1.0%YoY

Median list price

$235K

2.1%MoM

Days on market

11.8%MoM

Homes for sale

5.5%MoM

Price cuts

22.2%

51.5%MoM

New listings

10.0%MoM

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

The outlook

40217 housing market forecast 2027

+2.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 40217 to rise 2.3% by September 2027.

Over the 12 months through September 2026, typical home values in 40217 rose 1.0%, per the Zillow Home Value Index.

Will home prices drop in 40217?

Zillow's forecast does not call for a drop: it expects typical home values in 40217 to rise 2.3% by September 2027, after a 1.0% 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 40217 home prices compare?

40217$235,253
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 40217 market shows modest inventory with 52 homes for sale and 22 new listings as of September 2026. Nearly one-quarter of all listings, at 22.2%, have seen a price cut, which is a notable signal in a year when values edged up just 1.0%. Homes are taking more than a month to sell on average. This combination suggests steady rather than brisk demand, so sellers should price carefully and be prepared for negotiation.

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Down payment20% · $47,051

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Common questions

What people ask us.

What is the typical home value in 40217?

As of September 2026, the typical home value in 40217 is $235,253, up 1.0% over the past year.

How long do homes stay on the market in 40217?

The median days on market in 40217 is 38 days as of September 2026.

What share of homes in 40217 have had a price cut?

As of September 2026, 22.2% of listings in 40217 have had a price cut.

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Nearby ZIP markets.

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