40206 Home Values & Market Trends

There are 21 homes currently listed for 40206. 40206 real estate market trends show that home prices range from $149,900 to $1,295,000, and the median sales price in the 40206 zip code is $255,148.55. The total number of properties sold within the past twelve months is 359. In 40206, 4 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

40206 Real Estate Market Overview

CityMedian Est. Value
Louisville

$ 225,000

$ 138/sqft

Housing Market Summary for 40206

Apr 2023March 2024Change
Median Listing Price$324.9K$292K-10.12%
Median Sold Price$275.3K$292K6.06%
Homes For Sale212414.29%
Homes Sold1541550.65%
Price
$/Sqft
Homes For Sale
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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 40206

The median list price of a home in Louisville, is $255,148.55. A total of 21 properties are for sale, and the percentage of properties for sale in the zip code is 21.00%. The total count of 40206 properties is 6,886.

Foreclosure
There is 1 cities within 40206; within this cities, the median estimated home value for homes in foreclosure ranges from $1,823,220 in louisville to the lowest value of $29,882 in louisville. Foreclosure homes account for 0.00% of properties in 40206 with louisville containing 262 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.04% of all residential properties in 40206 with louisville containing 175 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 $1,823,220 in louisville to the lowest home value of $29,882 in louisville.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 40206 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 40206. There is 1 cities within 40206; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    louisville has 82 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 0.01% 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 $411,581 in louisville to the lowest value of $33,171 in louisville.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.30% of residential properties in 40206 with louisville containing 839 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 40206; homes for sale in that cities, have a range of median values from $5,250,000 in louisville to the lowest value of $20,486 in louisville.
    Sold Homes
    The median value for recently sold homes ranges from $3,630,129 in louisville to the lowest price of $17,738 in louisville. There is 1 cities within 40206. louisville has 4872 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.37% of properties in 40206.

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      Guide for 40206

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      A new house being built
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      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
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      This blog post analyzes the rising trends in the Lexington, KY real estate market from March 2023 to February 2024, and compares them with surrounding cities.

      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      Market Reports|posted 9 April 2024

      Biloxi’s real estate market shows dynamic growth and consumer confidence, with property values rising from $271,000 to $290,000 within a year, despite some price fluctuations.

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      Recently Listed Homes 40206

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