How much is a home in 40223 worth?

The typical home value in 40223 is $386,076, up 1.5% over the past year as of 2026-08-01.

How long does it take to sell a home in 40223?

Homes in 40223 spend a median of 37 days on the market as of 2026-08-01.

Are sellers in 40223 cutting prices?

As of 2026-08-01, 12.1% of listings in 40223 have a price cut, meaning the majority of sellers are holding their original asking price.

Market Intelligence · KY / Louisville

Louisville, KY 40223 Housing Market

The typical home value in Louisville, KY 40223 is $386,076, up 1.5% over the past year. Homes here carry a median list price of $393,000, and the median days on market sits at 37. That combination points to steady demand without much urgency on either side.

Updated August 2026Median value$386K

The median home value in Louisville, KY 40223 is $386K as of August 2026, up 1.5% 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 40223 range

$355K to $417K

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

+1.5% over 12 months

Aug 2025$380K

Low $380KHigh $386K

Aug 2026$386K

The numbers

What is the 40223 housing market like?

As of August 2026

Typical home value

$386K

1.5%YoY

Median list price

$393K

4.6%MoM

Days on market

0.0%MoM

Homes for sale

1.7%MoM

Price cuts

12.1%

52.3%MoM

New listings

71.4%MoM

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

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The comparison

How do 40223 home prices compare?

40223$386,076
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

As of 2026-08-01, there are 60 homes for sale in 40223, with 48 new listings coming on. The median list price is $393,000, while the typical home value stands at $386,076, up 1.5% over the past year. Homes move in a median of 37 days, which suggests buyers are active but not rushed. Only 12.1% of listings have taken a price cut, so most sellers are holding at or near their asking price. For a seller, the honest read is that pricing correctly from the start matters more than testing the top of the market.

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