40208 Home Values & Market Trends

There are 193 homes currently listed for 40208. 40208 real estate market trends show that home prices range from $1,400 to $869,000, and the median sales price in the 40208 zip code is $164,646. The total number of properties sold within the past twelve months is 179. In 40208, 11 properties are in foreclosure, 3 are bank owned properties,and 1 are headed for auction.

40208 Real Estate Market Overview

CityMedian Est. Value
Louisville

$ 265,852

$ 202/sqft

Housing Market Summary for 40208

Sep 2025September 2026Change
Median Listing Price$156.3K$168.9K8.13%
Median Sold Price$137.8K$132.6K-3.75%
Homes For Sale15119428.48%
Homes Sold4333-23.26%
Price
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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%.

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Browse Homes in 40208

The median list price of a home in Louisville, is $164,646. A total of 193 properties are for sale, and the percentage of properties for sale in the zip code is 193.00%. The total count of 40208 properties is 255.

Foreclosure
There is 1 cities within 40208; within this cities, the median estimated home value for homes in foreclosure ranges from $1,854,395 in louisville to the lowest value of $39,462 in louisville. Foreclosure homes account for 4.00% of properties in 40208 with louisville containing 766 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 2.75% of all residential properties in 40208 with louisville containing 595 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 40208; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,854,395 in louisville to the lowest home value of $39,462 in louisville.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 40208 ranges from the highest value of $372,771 in louisville to the lowest value of $40,000 in louisville. Bank owned homes and properties account for 1.18% of properties in 40208. There is 1 cities within 40208; louisville containing 50 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    louisville has 121 auction properties, the highest number of properties going to auction in a single city in the state of 40208. Auction homes and other auction properties account for 0.39% of all properties in 40208. There is 1 cities within 40208; of that cities, the median estimated home value for homes going to auction ranges from $557,676 in louisville to the lowest value of $59,900 in louisville.
Homes for Sale
Homes and properties that are actively listed for sale account for 75.69% of residential properties in 40208 with louisville containing 13601 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 40208; homes for sale in that cities, have a range of median values from $4,250,000 in louisville to the lowest value of $13,075 in louisville.
    Sold Homes
    The median value for recently sold homes ranges from $3,881,561 in louisville to the lowest price of $12,338 in louisville. There is 1 cities within 40208. louisville has 3117 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 15.69% of properties in 40208.

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      Guide for 40208

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      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 […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.