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All market snapshots / 40229

Louisville, KY 40229 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: 5757PendingPending 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): $300k$300kSoldMedian sold price (last 6 months): $260k$260k
What homes actually sell for in Louisville, KY
Distribution of 360 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $223k to $340k
$140k to $176k: 19 sales$140k$176k to $211k: 35 sales$211k to $247k: 84 sales84sales$211k$247k to $282k: 66 sales$282k to $318k: 30 sales$282k$318k to $354k: 35 sales$354k to $389k: 37 sales$354k$389k to $425k: 20 salesMedian $260k

What the numbers say

As of October 26, 2026, Resideline is tracking 57 active listings and 7 pending sales in ZIP code 40229. 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 $299,999, while the median of the 360 closed sales Resideline tracked over the last six months was $259,500. 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 73 days.

Frequently asked questions

What is the median home price in 40229?

The median closed sale price in Louisville, KY 40229 was $259,500 over the last six months, based on 360 closed sales tracked by Resideline. The middle half of those sales ranged from $223,000 to $340,000.

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

Resideline is currently tracking 7 pending sales against 57 active listings in 40229, 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, 40229 is currently a typical-pace market.

Nearby ZIP code market data

Full Louisville, KY housing market report →

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