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London, KY 40741 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
London, KY inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.13
ActiveActive listings: 3030PendingPending sales: 44
London, 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): $230k$230k
What homes actually sell for in London, KY
Distribution of 159 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $147k to $315k
$24k to $93k: 13 sales$24k$93k to $162k: 31 sales$162k to $231k: 30 sales$162k$231k to $300k: 35 sales35sales$300k to $369k: 13 sales$300k$369k to $437k: 13 sales$437k to $506k: 7 sales$437k$506k to $575k: 1 salesMedian $230k

What the numbers say

As of September 14, 2026, Resideline is tracking 30 active listings and 4 pending sales in ZIP code 40741. That pending-to-active ratio of 0.13 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $299,500, while the median of the 159 closed sales Resideline tracked over the last six months was $230,000. 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 40741 for 77 days.

Frequently asked questions

What is the median home price in 40741?

The median closed sale price in London, KY 40741 was $230,000 over the last six months, based on 159 closed sales tracked by Resideline. The middle half of those sales ranged from $147,200 to $315,000.

Is 40741 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 30 active listings in 40741, a pending-to-active ratio of 0.13. 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, 40741 currently looks like a balanced market.

Nearby ZIP code market data

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