Market Intelligence · KY / Louisville

Louisville, KY 40245 Housing Market

Homes in Louisville's 40245 ZIP code hold a typical value of $485,589, up 2.8% over the past year. The median list price stands at $542,000, with homes spending a median of 37 days on the market.

Updated September 2026Median value$486K

The median home value in Louisville, KY 40245 is $486K as of September 2026, up 2.8% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 40245 range

$447K to $524K

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

+2.8% over 12 months

Sep 2025$472K

Low $472KHigh $486K

Sep 2026$486K

The numbers

What is the 40245 housing market like?

As of September 2026

Typical home value

$486K

2.8%YoY

Median list price

$542K

3.2%MoM

Days on market

19.4%MoM

Homes for sale

124

13.8%MoM

Price cuts

18.2%

20.9%MoM

New listings

23.5%MoM

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

The outlook

40245 housing market forecast 2027

+1.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 40245 to rise 1.9% by September 2027.

Over the 12 months through September 2026, typical home values in 40245 rose 2.8%, per the Zillow Home Value Index.

Will home prices drop in 40245?

Zillow's forecast does not call for a drop: it expects typical home values in 40245 to rise 1.9% by September 2027, after a 2.8% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 40245 home prices compare?

40245$485,589
Louisville$252,363
Kentucky$168,346
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Louisville: 31 ZIPs; Kentucky: 598 ZIPs; United States: 26,262 ZIPs).

Context

The market in 40245 shows moderate activity. There are 124 homes for sale, including 52 new listings as of September 2026. The median list price of $542,000 exceeds the typical home value, which sits at $485,589 and has gained 2.8% annually. Homes are moving at a steady pace, staying on market for a median of 37 days. For sellers, the data suggests patience will likely be needed before finding the right buyer.

Monthly payment

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Home price

Down payment20% · $97,118

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Common questions

What people ask us.

What is the typical home value in Louisville 40245?

The typical home value in 40245 is $485,589, up 2.8% over the past year as of September 2026.

How long do homes typically take to sell in 40245?

The median days on market in 40245 is 37 days as of September 2026.

How many homes are currently for sale in 40245?

There are 124 homes for sale in 40245 as of September 2026, with 52 new listings added during that month.

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