Market Intelligence · KY / Louisville

Louisville, KY 40223 Housing Market

The typical home in Louisville's 40223 ZIP code is valued at $394,356, up 1.7% over the past year. The median list price is $383,500, and homes are taking a median of 31 days on market.

Updated June 2026Median value$394K

The median home value in Louisville, KY 40223 is $394K as of June 2026, up 1.7% 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 40223 range

$363K to $426K

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

+1.7% over 12 months

Typical home value in 40223 over the last 12 months: $388K in Jun 2025 to $394K in Jun 2026 (+1.7%).

Jun 2025$388K

Jun 2026$394K

The numbers

What is the 40223 housing market like?

Typical home value

$394K

Up1.7%YoY

Median list price

$384K

Days on market

31

Down40.4%MoM

Homes for sale

57

Price cuts

19.7%

New listings

46

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 40223 home prices compare?

  • 40223$394,356
  • Louisville$254,431
  • Kentucky$171,624
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Louisville: 31 ZIPs; Kentucky: 598 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 57 homes for sale in 40223, with 46 new listings recently added. The median list price sits at $383,500, and the median time on market is 31 days. About 19.7% of listings have had a price cut, which points to some seller flexibility. The typical home value of $394,356 remains up 1.7% over the past year. For sellers, pricing carefully from the start matters more than ever in this kind of market.

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