40206 Home Values & Market Trends
There are 366 homes currently listed for 40206. 40206 real estate market trends show that home prices range from $1,500 to $1,195,000, and the median sales price in the 40206 zip code is $280,215. The total number of properties sold within the past twelve months is 363. In 40206, 11 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.
40206 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Louisville | $ 266,009 $ 202/sqft |
Housing Market Summary for 40206
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $306K | $299K | -2.29% |
| Median Sold Price | $331.7K | $286K | -13.77% |
| Homes For Sale | 221 | 366 | 65.61% |
| Homes Sold | 102 | 85 | -16.67% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 40206
Browse Homes in 40206
The median list price of a home in Louisville, is $280,215. A total of 366 properties are for sale, and the percentage of properties for sale in the zip code is 366.00%. The total count of 40206 properties is 473.
- Pre-ForeclosurePre-foreclosure homes account for 1.90% of all residential properties in 40206 with louisville containing 575 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 40206; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,858,704 in louisville to the lowest home value of $40,144 in louisville.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 40206 ranges from the highest value of $369,900 in louisville to the lowest value of $39,000 in louisville. Bank owned homes and properties account for 0.21% of properties in 40206. There is 1 cities within 40206; louisville containing 50 REO properties, has the highest number of bank owned properties in a single city.
- Auctionslouisville has 126 auction properties, the highest number of properties going to auction in a single city in the state of 40206. Auction homes and other auction properties account for 0.21% of all properties in 40206. There is 1 cities within 40206; of that cities, the median estimated home value for homes going to auction ranges from $562,895 in louisville to the lowest value of $59,673 in louisville.
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Guide for 40206
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
