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All market snapshots / 40207

Louisville, KY 40207 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: 0.23
ActiveActive listings: 4040PendingPending sales: 99
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): $400k$400kSoldMedian sold price (last 6 months): $425k$425k
What homes actually sell for in Louisville, KY
Distribution of 352 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $315k to $560k
$160k to $278k: 50 sales$160k$278k to $395k: 82 sales$395k to $512k: 100 sales100sales$395k$512k to $630k: 35 sales$630k to $748k: 20 sales$630k$748k to $865k: 16 sales$865k to $982k: 11 sales$865k$982k to $1.1M: 2 salesMedian $425k

What the numbers say

As of September 14, 2026, Resideline is tracking 40 active listings and 9 pending sales in ZIP code 40207. That pending-to-active ratio of 0.23 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $399,500, while the median of the 352 closed sales Resideline tracked over the last six months was $425,000. 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 40207 for 52 days.

Frequently asked questions

What is the median home price in 40207?

The median closed sale price in Louisville, KY 40207 was $425,000 over the last six months, based on 352 closed sales tracked by Resideline. The middle half of those sales ranged from $315,000 to $560,000.

Is 40207 a buyer's or seller's market?

Resideline is currently tracking 9 pending sales against 40 active listings in 40207, a pending-to-active ratio of 0.23. 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, 40207 currently looks like a balanced market.

Nearby ZIP code market data

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