How much is a home in 40229 worth?

The typical home value in 40229 is $252,406, up 1.0% over the past year.

How long do homes take to sell in 40229?

Homes in 40229 spend a median of 30 days on the market, with a median list price of $304,950.

Are sellers cutting prices in 40229?

Yes. 26.0% of active listings in 40229 have had a price cut, out of 104 homes currently for sale.

Market Intelligence · KY / Louisville

Louisville, KY 40229 Housing Market

The typical home value in Louisville, KY 40229 is $252,406, up 1.0% over the past year. The median list price is $304,950, and homes are spending a median of 30 days on the market.

Updated August 2026Median value$252K

The median home value in Louisville, KY 40229 is $252K as of August 2026, up 1.0% 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

$232K to $273K

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

+1.0% over 12 months

Aug 2025$250K

Low $250KHigh $254K

Aug 2026$252K

The numbers

What is the 40229 housing market like?

As of August 2026

Typical home value

$252K

1.0%YoY

Median list price

$305K

0.8%MoM

Days on market

9.1%MoM

Homes for sale

104

25.3%MoM

Price cuts

26.0%

27.3%MoM

New listings

15.0%MoM

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

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The comparison

How do 40229 home prices compare?

40229$252,406
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

Louisville, KY 40229 shows a market with steady, modest movement. Typical home values sit at $252,406, up 1.0% over the past year, so prices are holding rather than climbing quickly. There are 104 homes for sale, with 68 new listings coming to market, giving buyers a fair amount of choice. The median list price is $304,950 and the median days on market is 30, so well-priced homes are still moving. About 26.0% of listings have taken a price cut, which tells sellers that accurate pricing from the start matters more than optimism.

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