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All market snapshots / 40206

Louisville, KY 40206 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Louisville, KY inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.04
ActiveActive listings: 5050PendingPending sales: 22
Louisville, KY: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $257k$257kSoldMedian sold price (last 6 months): $300k$300k
What homes actually sell for in Louisville, KY
Distribution of 196 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $188k to $410k
$115k to $192k: 43 sales43sales$115k$192k to $269k: 31 sales$269k to $346k: 37 sales$269k$346k to $422k: 33 sales$422k to $499k: 9 sales$422k$499k to $576k: 8 sales$576k to $653k: 8 sales$576k$653k to $730k: 8 salesMedian $300k

What the numbers say

As of September 14, 2026, Resideline is tracking 50 active listings and 2 pending sales in ZIP code 40206. That pending-to-active ratio of 0.04 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $257,400, while the median of the 196 closed sales Resideline tracked over the last six months was $300,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 40206 for 67 days.

Frequently asked questions

What is the median home price in 40206?

The median closed sale price in Louisville, KY 40206 was $300,000 over the last six months, based on 196 closed sales tracked by Resideline. The middle half of those sales ranged from $188,000 to $410,000.

Is 40206 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 50 active listings in 40206, a pending-to-active ratio of 0.04. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 40206 currently looks like a balanced market.

Nearby ZIP code market data

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