Is Louisville, KY 40228 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Louisville is a seller’s market. With about 2.4 months of supply and 19% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.4Under 4 months = seller’s market

Sold above original list19.1%Share of sales, last 3 months

Median sale-to-list98.7%Sold price ÷ list price

Median days on market36Listing to accepted offer

Median price per sq ft$157▼ −3.4% vs. last year

Run the numbers for 40228

Prefilled for 40228Can I win this house?Multiple-offer likelihood for a listing Prefilled for 40228Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Fairdale 40118Seller’s market $166 /sq ft Fisherville 40023Seller’s market $184 /sq ft Glenview 40025Seller’s market $296 /sq ft Louisville 40202Buyer’s market $258 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology