40223 Home Values & Market Trends

There are 392 homes currently listed for 40223. 40223 real estate market trends show that home prices range from $123,500 to $2,250,000, and the median sales price in the 40223 zip code is $386,818. The total number of properties sold within the past twelve months is 374. In 40223, 6 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

40223 Real Estate Market Overview

CityMedian Est. Value
Louisville

$ 265,852

$ 202/sqft

Housing Market Summary for 40223

Sep 2025September 2026Change
Median Listing Price$400K$399K-0.25%
Median Sold Price$464.8K$388.9K-16.33%
Homes For Sale24739057.89%
Homes Sold133116-12.78%
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 40223

The median list price of a home in Louisville, is $386,818. A total of 392 properties are for sale, and the percentage of properties for sale in the zip code is 392.00%. The total count of 40223 properties is 524.

Foreclosure
There is 1 cities within 40223; 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 1.00% of properties in 40223 with louisville containing 766 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.95% of all residential properties in 40223 with louisville containing 595 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 40223; 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 40223 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 40223. There is 1 cities within 40223; N/A containing 0 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 40223. Auction homes and other auction properties account for 0.19% of all properties in 40223. There is 1 cities within 40223; 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 74.81% of residential properties in 40223 with louisville containing 13601 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 40223; 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 40223. louisville has 3117 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 22.90% of properties in 40223.

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      Guide for 40223

      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.