40216 Home Values & Market Trends

There are 48 homes currently listed for 40216. 40216 real estate market trends show that home prices range from $80,000 to $349,900, and the median sales price in the 40216 zip code is $161,634.91. The total number of properties sold within the past twelve months is 704. In 40216, 45 properties are in foreclosure, 1 are bank owned properties,and 12 are headed for auction.

40216 Real Estate Market Overview

CityMedian Est. Value
Louisville

$ 223,995

$ 137/sqft

Housing Market Summary for 40216

Apr 2023March 2024Change
Median Listing Price$189.9K$171.1K-9.90%
Median Sold Price$174.9K$171.1K-2.19%
Homes For Sale5343-18.87%
Homes Sold369347-5.96%
Price
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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 40216

The median list price of a home in Louisville, is $161,634.91. A total of 48 properties are for sale, and the percentage of properties for sale in the zip code is 48.00%. The total count of 40216 properties is 14,615.

Foreclosure
There is 1 cities within 40216; 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 40216 with louisville containing 261 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.22% of all residential properties in 40216 with louisville containing 175 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 $1,823,220 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 40216 ranges from the highest value of $207,765 in louisville to the lowest value of $54,806 in louisville. Bank owned homes and properties account for 0.01% of properties in 40216. There is 1 cities within 40216; louisville containing 6 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    louisville has 80 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 0.08% 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 $351,357 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 0.33% of residential properties in 40216 with louisville containing 874 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 40216; 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 $18,504 in louisville. There is 1 cities within 40216. louisville has 4848 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.52% of properties in 40216.

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      Guide for 40216

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      Recently Listed Homes 40216

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