40216 Home Values & Market Trends

There are 47 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 $161,644.16. The total number of properties sold within the past twelve months is 704. In 40216, 53 properties are in foreclosure, 1 are bank owned properties,and 18 are headed for auction.

40216 Real Estate Market Overview

CityMedian Est. Value
Louisville

$ 220,000

$ 134/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
$/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 40216

The median list price of a home in Louisville, is $161,644.16. A total of 47 properties are for sale, and the percentage of properties for sale in the zip code is 47.00%. The total count of 40216 properties is 14,616.

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 312 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.23% of all residential properties in 40216 with louisville containing 196 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 $214,771 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 9 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    louisville has 107 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 0.12% 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 $610,500 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 0.32% of residential properties in 40216 with louisville containing 832 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 $18,880 in louisville. There is 1 cities within 40216. louisville has 4814 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

      Market Reports
      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Pennsylvania
      Las Vegas Market Report – April 2024
      Market Reports
      Pierre Real Estate Peaking at $1.2M – April 2024 Market Report
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      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Market Reports|posted 20 March 2024

      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.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Las Vegas Market Report – April 2024
      Pennsylvania|posted 25 April 2024

      A comprehensive look at the current real estate trends in Las Vegas and surrounding areas, highlighting the fluctuation in property prices, inventory and sales.

      Pierre Real Estate Peaking at $1.2M – April 2024 Market Report
      Market Reports|posted 25 April 2024

      Pierre, SD’s real estate market has seen significant fluctuations, with diverse property types and values. Despite a lack of sales data hindering trend analysis, listed prices and values provide insight into market activity.

      Recently Listed Homes 40216

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