Market Intelligence · KY / Louisville

Louisville, KY 40241 Housing Market

The typical home value in Louisville, KY 40241 is $415,179, up 1.8% over the past year. The median list price is $392,500, and homes spend a median of 32 days on the market.

Updated August 2026Median value$415K

The median home value in Louisville, KY 40241 is $415K as of August 2026, up 1.8% 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 40241 range

$382K to $448K

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

+1.8% over 12 months

Typical home value in 40241 over the last 12 months: $408K in Aug 2025 to $415K in Aug 2026 (+1.8%).

Aug 2025$408K

Aug 2026$415K

The numbers

What is the 40241 housing market like?

Typical home value

$415K

Up1.8%YoY

Median list price

$393K

Down1.9%MoM

Days on market

32

Down11.1%MoM

Homes for sale

55

Down1.8%MoM

Price cuts

17.0%

Up28.7%MoM

New listings

36

Down21.7%MoM

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

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The comparison

How do 40241 home prices compare?

  • 40241$415,179
  • 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 40241 market shows modest but positive movement, with typical home values at $415,179 and up 1.8% over the past year. There are 55 homes for sale, and 36 new listings came on the market as of 2026-08-01. Homes are moving at a reasonable pace, with a median of 32 days on market. About 17.0% of listings have taken a price cut, which suggests some sellers are adjusting expectations. For a seller, this is a stable market where correct pricing matters more than aggressive pricing.

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