Market Intelligence · KY / Louisville

Louisville, KY 40228 Housing Market

The typical home value in Louisville's 40228 ZIP code is $277,890, up 2.3% over the past year. The median list price sits at $324,225, and homes are taking a median of 27 days on the market as of June 2026.

Updated June 2026Median value$278K

The median home value in Louisville, KY 40228 is $278K as of June 2026, up 2.3% 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

$256K to $300K

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

+2.3% over 12 months

Typical home value in 40228 over the last 12 months: $272K in Jun 2025 to $278K in Jun 2026 (+2.3%).

Jun 2025$272K

Jun 2026$278K

The numbers

What is the 40228 housing market like?

Typical home value

$278K

Up2.3%YoY

Median list price

$324K

Days on market

27

Down34.1%MoM

Homes for sale

48

Price cuts

24.9%

New listings

40

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

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The comparison

How do 40228 home prices compare?

  • 40228$277,890
  • 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 48 homes for sale in 40228, with 40 new listings added recently. The median list price is $324,225, while the typical home value is $277,890, up 2.3% over the past year. Homes are moving at a median of 27 days on the market. About 24.9% of listings have taken a price cut. For sellers, the data points to steady demand, but pricing carefully from the start matters given how many listings are seeing reductions.

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