40216 Home Values & Market Trends
There are 867 homes currently listed for 40216. 40216 real estate market trends show that home prices range from $96,000 to $650,000, and the median sales price in the 40216 zip code is $225,190. The total number of properties sold within the past twelve months is 691. In 40216, 89 properties are in foreclosure, 7 are bank owned properties,and 18 are headed for auction.
40216 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Louisville | $ 265,620 $ 202/sqft |
Housing Market Summary for 40216
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $210K | $214.7K | 2.24% |
| Median Sold Price | $213.1K | $211K | -1.01% |
| Homes For Sale | 514 | 867 | 68.68% |
| Homes Sold | 231 | 141 | -38.96% |
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 40216
Browse Homes in 40216
The median list price of a home in Louisville, is $225,190. A total of 867 properties are for sale, and the percentage of properties for sale in the zip code is 867.00%. The total count of 40216 properties is 1,186.
- Pre-ForeclosurePre-foreclosure homes account for 5.40% of all residential properties in 40216 with louisville containing 580 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 40216; 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 40216 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 0.59% of properties in 40216. There is 1 cities within 40216; louisville containing 51 REO properties, has the highest number of bank owned properties in a single city.
- Auctionslouisville has 124 auction properties, the highest number of properties going to auction in a single city in the state of 40216. Auction homes and other auction properties account for 1.52% of all properties in 40216. There is 1 cities within 40216; 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.
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Guide for 40216
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.
