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Louisville, KY 40245 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Louisville, KY inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.15
ActiveActive listings: 6161PendingPending sales: 99
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): $547k$547kSoldMedian sold price (last 6 months): $474k$474k
What homes actually sell for in Louisville, KY
Distribution of 408 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $388k to $602k
$255k to $337k: 40 sales$255k$337k to $418k: 86 sales$418k to $500k: 93 sales93sales$418k$500k to $582k: 62 sales$582k to $664k: 29 sales$582k$664k to $745k: 31 sales$745k to $827k: 20 sales$745k$827k to $909k: 6 salesMedian $474k

What the numbers say

As of October 5, 2026, Resideline is tracking 61 active listings and 9 pending sales in ZIP code 40245. That pending-to-active ratio of 0.15 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $546,675, while the median of the 408 closed sales Resideline tracked over the last six months was $473,510. 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 71 days.

Frequently asked questions

What is the median home price in 40245?

The median closed sale price in Louisville, KY 40245 was $473,510 over the last six months, based on 408 closed sales tracked by Resideline. The middle half of those sales ranged from $387,500 to $601,548.

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

Resideline is currently tracking 9 pending sales against 61 active listings in 40245, a pending-to-active ratio of 0.15. 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, 40245 currently looks like a balanced market.

Nearby ZIP code market data

Full Louisville, KY housing market report →

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