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All market snapshots / 40229

Louisville, KY 40229 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: 0.20
ActiveActive listings: 6161PendingPending sales: 1212
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): $265k$265kSoldMedian sold price (last 6 months): $254k$254k
What homes actually sell for in Louisville, KY
Distribution of 381 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $220k to $325k
$138k to $173k: 23 sales$138k$173k to $207k: 32 sales$207k to $242k: 96 sales96sales$207k$242k to $277k: 59 sales$277k to $312k: 45 sales$277k$312k to $346k: 32 sales$346k to $381k: 30 sales$346k$381k to $416k: 25 salesMedian $254k

What the numbers say

As of September 14, 2026, Resideline is tracking 61 active listings and 12 pending sales in ZIP code 40229. That pending-to-active ratio of 0.20 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $264,900, while the median of the 381 closed sales Resideline tracked over the last six months was $254,000. 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 40229 for 53 days.

Frequently asked questions

What is the median home price in 40229?

The median closed sale price in Louisville, KY 40229 was $254,000 over the last six months, based on 381 closed sales tracked by Resideline. The middle half of those sales ranged from $220,000 to $324,900.

Is 40229 a buyer's or seller's market?

Resideline is currently tracking 12 pending sales against 61 active listings in 40229, a pending-to-active ratio of 0.20. 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, 40229 currently looks like a balanced market.

Nearby ZIP code market data

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