40242 Home Values & Market Trends
There are 187 homes currently listed for 40242. 40242 real estate market trends show that home prices range from $70,000 to $550,000, and the median sales price in the 40242 zip code is $348,708. The total number of properties sold within the past twelve months is 160. In 40242, 5 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.
40242 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Louisville | $ 265,967 $ 202/sqft |
Housing Market Summary for 40242
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $325K | $314.9K | -3.11% |
| Median Sold Price | $335.4K | $293.4K | -12.53% |
| Homes For Sale | 101 | 181 | 79.21% |
| Homes Sold | 71 | 39 | -45.07% |
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 40242
Browse Homes in 40242
The median list price of a home in Louisville, is $348,708. A total of 187 properties are for sale, and the percentage of properties for sale in the zip code is 187.00%. The total count of 40242 properties is 236.
- Pre-ForeclosurePre-foreclosure homes account for 2.12% of all residential properties in 40242 with louisville containing 596 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 40242; 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 OwnedThe median estimated home value of bank owned homes (REO properties) in 40242 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 40242. There is 1 cities within 40242; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 40242. Auction homes and other auction properties account for 0% of all properties in 40242. There is 1 cities within 40242; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for 40242





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 […]

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