Market Intelligence · KY / Louisville

Louisville, KY 40229 Housing Market

The typical home in Louisville's 40229 ZIP code is worth $254,431, up 1.1% over the past year. The median list price sits at $338,275, and homes are spending a median of 36 days on the market.

Updated June 2026Median value$254K

The median home value in Louisville, KY 40229 is $254K as of June 2026, up 1.1% 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 40229 range

$234K to $275K

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

+1.1% over 12 months

Typical home value in 40229 over the last 12 months: $252K in Jun 2025 to $254K in Jun 2026 (+1.1%).

Jun 2025$252K

Jun 2026$254K

The numbers

What is the 40229 housing market like?

Typical home value

$254K

Up1.1%YoY

Median list price

$338K

Days on market

36

Down8.9%MoM

Homes for sale

67

Price cuts

16.4%

New listings

68

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

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The comparison

How do 40229 home prices compare?

  • 40229$254,431
  • 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 67 homes for sale in 40229, with 68 new listings entering the market. The median list price is $338,275, while the typical home value across the area is $254,431. That value is up 1.1% over the past year, and homes are taking a median of 36 days to sell. About 16.4% of listings have had a price cut. For sellers, the pace here is steady but not rushed, so pricing carefully from the start matters.

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