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Louisville, KY 40216 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: 0.30
ActiveActive listings: 5656PendingPending sales: 1717
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): $204k$204kSoldMedian sold price (last 6 months): $213k$213k
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: $170k to $245k
$95k to $120k: 11 sales$95k$120k to $145k: 25 sales$145k to $170k: 29 sales$145k$170k to $195k: 49 sales$195k to $220k: 59 sales$195k$220k to $245k: 64 sales64sales$245k to $270k: 55 sales$245k$270k to $295k: 15 salesMedian $213k

What the numbers say

As of September 14, 2026, Resideline is tracking 56 active listings and 17 pending sales in ZIP code 40216. That pending-to-active ratio of 0.30 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $203,500, while the median of the 345 closed sales Resideline tracked over the last six months was $213,000. 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 40216 for 66 days.

Frequently asked questions

What is the median home price in 40216?

The median closed sale price in Louisville, KY 40216 was $213,000 over the last six months, based on 345 closed sales tracked by Resideline. The middle half of those sales ranged from $170,000 to $245,000.

Is 40216 a buyer's or seller's market?

Resideline is currently tracking 17 pending sales against 56 active listings in 40216, a pending-to-active ratio of 0.30. 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, 40216 currently looks like a balanced market.

Nearby ZIP code market data

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