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Louisville, KY 40216 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: 0.09
ActiveActive listings: 8080PendingPending sales: 77
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): $227k$227kSoldMedian sold price (last 6 months): $213k$213k
What homes actually sell for in Louisville, KY
Distribution of 327 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $172k to $244k
$95k to $119k: 12 sales$95k$119k to $144k: 22 sales$144k to $168k: 29 sales$144k$168k to $192k: 38 sales$192k to $217k: 65 sales65sales$192k$217k to $241k: 64 sales$241k to $266k: 45 sales$241k$266k to $290k: 21 salesMedian $213k

What the numbers say

As of October 26, 2026, Resideline is tracking 80 active listings and 7 pending sales in ZIP code 40216. That pending-to-active ratio of 0.09 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 $226,950, while the median of the 327 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 76 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 327 closed sales tracked by Resideline. The middle half of those sales ranged from $172,500 to $244,000.

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

Resideline is currently tracking 7 pending sales against 80 active listings in 40216, a pending-to-active ratio of 0.09. 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, 40216 is currently a typical-pace market.

Nearby ZIP code market data

Full Louisville, KY housing market report →

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