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Bradley Fairgrounds Highland Park University Wilder Park

LOUISVILLE, KY 40209

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 40209

Bradley · Fairgrounds · Highland Park · University · Wilder Park

Market Analysis

Data as of February 2026. Source: Realtor.com.

The LOUISVILLE, KY real estate market (40209) currently shows 2 active listings. Homes are averaging 80 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 80 days on market compared to 14 days last year.

The median listing price has fallen 12% year-over-year, from $160,000 to $140,750.

Whether you are buying or selling in LOUISVILLE, KY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 515  ·  Density: 46.0/mi²  ·  Median household income: $50,787

Typical home value: $0  ·  Homeownership: 53.8%

Market Overview

Active Listings
2
vs 2 last year
Pending
0
0% pending ratio
Median Price
$140,750
⇩ 12% vs $160,000 last year
Average Price
$140,750
⇩ 12% vs $160,000 last year
Days on Market
80
⇧ 471.4% vs 14 days last year

Price Per Square Foot

Median $/sqft
$113
⇩ 36.2% vs $177/sqft last year
Median Home Size
1,264 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 80 now vs 14 last year

Median & Average Pricing

Year over Year
  • Median: $140,750 (-12% YoY)
  • Average: $140,750 (-12% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.0 miles — 803 listings ($259,935,169 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40209Louisville, KY 402090.0 mi3$549,000$183,000$183,000
40217Louisville, KY 402172.2 mi54$14,430,906$267,000$267,239
40208Louisville, KY 402082.6 mi38$11,828,868$184,225$311,286
40204Louisville, KY 402043.9 mi53$20,347,177$309,400$383,909
40205Louisville, KY 402054.2 mi74$33,325,234$350,000$450,341
40203Louisville, KY 402034.5 mi59$14,209,324$200,000$240,836
40218Louisville, KY 402184.7 mi84$18,620,196$230,000$221,669
40211Louisville, KY 402115.4 mi86$12,347,966$136,000$143,581
40118Fairdale, KY 401186.0 mi23$5,723,067$234,900$248,829
40228Louisville, KY 402287.0 mi61$18,420,841$305,000$301,981
40207Louisville, KY 402077.2 mi96$56,183,040$472,500$585,240
40229Louisville, KY 402298.1 mi114$39,517,758$289,500$346,647
47129Clarksville, IN 471299.0 mi58$14,431,792$227,900$248,824

Frequently Asked Questions

How many homes are for sale in LOUISVILLE, KY 40209?

As of February 2026, there are 2 active listings in LOUISVILLE, KY (zip code 40209), compared to 2 the prior year.

What is the median home price in LOUISVILLE, KY 40209?

The median listing price in LOUISVILLE, KY 40209 is $140,750 as of February 2026, a 12% decrease from $160,000 the prior year.

How long do homes stay on the market in LOUISVILLE, KY?

Homes in LOUISVILLE, KY 40209 spend an average of 80 days on the market before going under contract, compared to 14 days the prior year.

Is it a seller's or buyer's market in LOUISVILLE, KY 40209?

Based on current inventory and days-on-market data as of February 2026, LOUISVILLE, KY 40209 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 80 days on market compared to 14 days last year.

How much can I save on real estate commission in LOUISVILLE, KY?

With SELL123.com's maximum 3% commission, sellers in LOUISVILLE, KY 40209 save an estimated $2,815 compared to a typical 5% commission on the median listing price of $140,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.