KY · Metro #46

Louisville - KY housing market

The Louisville metro has a typical home value of $282,043, up 1.5% from a year ago. Homes are moving fast at 12 days on market, a strong seller's market. 31% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$282,043
+1.5% vs. year ago
Median sale price
$267,344
+3.2% YoY
Median list price
$306,667
Sale-to-list ratio
98.5%
Selling below ask
Days on market
12d
Listings w/ price cut
31.0%
New listings / mo
1,938
+5.0% YoY
Homes for sale
5,149
+19.5% YoY
Typical rent
$1,357/mo
+1.9% YoY
Income needed to buy
$77,600
Rent vs buy
17.3x
September 2026 report · Zillow data through July 2026

Louisville housing market, September 2026

The typical Louisville home is worth $282,043 as of July 2026, up 0.0% from the prior month, down 0.2% over three months, and up 1.5% from a year ago. Over the past two years values have ranged from $267,680 to $282,773.

Homes are going pending in about 12 days, faster than the 16 days seen three months earlier. There are roughly 5,149 homes for sale, 20% more than a year ago. 31.0% of listings have taken a price cut (up from 26.3% three months ago).

Typical rent is $1,357 a month, up 1.9% year over year, which puts the price-to-rent ratio at 17.3.

At this week's 6.71% mortgage rate with 20% down ($56,409), the typical Louisville home costs about $1,810 a month including tax and insurance, which needs a household income of roughly $77,600 to stay under a 28% payment-to-income ratio.

Typical home value, 24 months
$283k$268kAug 24Aug 25Jul 26
Days to pending, 24 months
30d7dAug 24Aug 25Jul 26
Homes for sale, 24 months
5.1k3.4kAug 24Aug 25Jul 26

Income needed to buy assumes 20% down, a 30-year fixed mortgage at 6.71% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →

Context

How to read this data

The typical home value ($282,043) is the Zillow Home Value Index for the Louisville - KY metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 1.5% over the past year. In Louisville - KY, that means a home worth $277,875 last year is now worth roughly $282,043.

The median sale price, what homes actually close for, is $267,344. Homes are selling at 98.5% of list price, meaning buyers have room to negotiate.

Homes listed in Louisville - KY sit on the market for roughly 12 days before going pending. Shorter = seller's market; longer = buyer's market.

About 31.0% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,938 new listings hit the market each month in Louisville - KY. There are currently 5,149 homes for sale, up 19.5% from a year ago.

The typical monthly rent in Louisville - KY is $1,357, up 1.9% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 17.3x, toss-up (#93 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.71% 30-year rate, runs about $1,457 a month in principal and interest, $100 more than renting before taxes, insurance and upkeep. The two break even at a 6.03% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →

Related

Other metros in KY

MetroHome value1-yr changeDays on market
Lexington - KY$327,773 +3.1% 10.0d
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