Market Intelligence · KY / Louisville

Louisville, KY 40228 Housing Market

The typical home value in Louisville's 40228 ZIP code is $272,569, up 2.4% over the past year as of 2026-08-01. Homes are currently listed at a median price of $299,800 and spend a median of 32 days on the market.

Updated August 2026Median value$273K

The median home value in Louisville, KY 40228 is $273K as of August 2026, up 2.4% 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 40228 range

$251K to $294K

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

+2.4% over 12 months

Typical home value in 40228 over the last 12 months: $266K in Aug 2025 to $273K in Aug 2026 (+2.4%).

Aug 2025$266K

Aug 2026$273K

The numbers

What is the 40228 housing market like?

Typical home value

$273K

Up2.4%YoY

Median list price

$300K

Down0.1%MoM

Days on market

32

Flat0.0%MoM

Homes for sale

46

Down4.2%MoM

Price cuts

25.4%

Down17.1%MoM

New listings

28

Down6.7%MoM

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

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The comparison

How do 40228 home prices compare?

  • 40228$272,569
  • 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 40228 market in Louisville shows modest but steady value growth, with the typical home value of $272,569 up 2.4% over the past year. Sellers are asking a median of $299,800, and homes are moving at a median of 32 days on market. As of 2026-08-01 there were 46 homes for sale, with 28 new listings entering the market. About 25.4% of listings had a price cut, which suggests some sellers are starting above what buyers will pay. For a seller, the data points to a stable market where pricing right from the start matters more than testing the high end.

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