Is Louisville, KY 40211 a buyer’s or seller’s market?
Louisville is a buyer’s market. With about 8.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 9% of U.S. ZIP codes, and #138 of 160 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Louisville housing market right now
In the three months ending August 31, 2026, 13% of homes in Louisville, KY 40211 sold above their list price, the typical home went under contract in 55 days and there were 8.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 41 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (14% then), homes sold about as fast and the median sale price rose 21% to $134,942. Overall, Louisville is about as competitive as it was a year ago.
Within Jefferson County, homes here sell more slowly than in 82% of the county’s ZIP codes, and sell less often over asking than in 88%. On our competition score, Louisville ranks #138 of 160 KY ZIP codes with enough sales (score 16 out of 100).
Nearby, buyers who want less competition could look at Louisville 40202 (0% sold over asking) or Louisville 40208 (3% sold over asking), while Glenview 40025 (100% sold over asking) and Louisville 40209 (50% sold over asking) are even more competitive.
Run the numbers for 40211
Nearby markets
Fairdale 40118Seller’s market $166 /sq ftFisherville 40023Seller’s market $184 /sq ftGlenview 40025Seller’s market $296 /sq ftLouisville 40202Buyer’s market $258 /sq ft Browse all markets →Towns like Louisville nearby
Find towns like Louisville in other states →Where Louisville is
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Questions about Louisville real estate
Is Louisville a buyer’s or seller’s market?
A buyer’s market: there were 8.8 months of supply in Louisville, KY 40211 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Louisville?
The typical home went under contract in 55 days in the latest three months.
Do homes in Louisville sell over asking?
13% of homes sold above their original list price, and the typical sale closed at 93.0% of the list price.
What are property taxes in Louisville?
About 0.86% of a home’s value a year in Jefferson County, or roughly $3,440 on a $400,000 home.
What is the median home price in Louisville?
The median sale price was $134,942 in the three months ending August 31, 2026, about $83 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology