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All market snapshots / 40207

Louisville, KY 40207 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Louisville, KY inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.12
ActiveActive listings: 4343PendingPending sales: 55
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): $410k$410kSoldMedian sold price (last 6 months): $425k$425k
What homes actually sell for in Louisville, KY
Distribution of 345 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $315k to $566k
$165k to $282k: 45 sales$165k$282k to $399k: 86 sales$399k to $516k: 90 sales90sales$399k$516k to $632k: 38 sales$632k to $749k: 21 sales$632k$749k to $866k: 17 sales$866k to $983k: 11 sales$866k$983k to $1.1M: 2 salesMedian $425k

What the numbers say

As of October 26, 2026, Resideline is tracking 43 active listings and 5 pending sales in ZIP code 40207. That pending-to-active ratio of 0.12 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $409,950, while the median of the 345 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 79 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 345 closed sales tracked by Resideline. The middle half of those sales ranged from $315,000 to $565,500.

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

Resideline is currently tracking 5 pending sales against 43 active listings in 40207, a pending-to-active ratio of 0.12. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 40207 is currently a typical-pace market.

Nearby ZIP code market data

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