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Louisville, KY 40245 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: 0.08
ActiveActive listings: 6666PendingPending 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): $532k$532kSoldMedian sold price (last 6 months): $468k$468k
What homes actually sell for in Louisville, KY
Distribution of 410 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $382k to $602k
$262k to $342k: 42 sales$262k$342k to $422k: 92 sales92sales$422k to $502k: 91 sales$422k$502k to $581k: 57 sales$581k to $661k: 31 sales$581k$661k to $741k: 32 sales$741k to $820k: 20 sales$741k$820k to $900k: 4 salesMedian $468k

What the numbers say

As of October 26, 2026, Resideline is tracking 66 active listings and 5 pending sales in ZIP code 40245. That pending-to-active ratio of 0.08 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 $532,450, while the median of the 410 closed sales Resideline tracked over the last six months was $467,900. 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 40245 for 84 days.

Frequently asked questions

What is the median home price in 40245?

The median closed sale price in Louisville, KY 40245 was $467,900 over the last six months, based on 410 closed sales tracked by Resideline. The middle half of those sales ranged from $381,500 to $601,548.

Is 40245 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 66 active listings in 40245, a pending-to-active ratio of 0.08. 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, 40245 is currently a typical-pace market.

Nearby ZIP code market data

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