Valley Station is ZIP code 40272 in southwest Louisville, Kentucky — the Dixie Highway corridor between the Ohio River and the Knobs. If you're comparing Valley Station Louisville homes for sale to other parts of the city: 525 single-family homes closed here in the 12 months ending August 2026 at a sales-weighted median of about $224,000, among the more affordable of Louisville's busiest-selling ZIP codes. Most homes are post-war brick — 80% of recent sales were built between 1950 and 1979 — along TARC's Dixie Rapid bus line, about 20 minutes from downtown Louisville and 25 to 30 minutes from Fort Knox. I'm Rob Bergeron, Owner–Realtor at Winner Realty in Louisville, and this guide covers what's selling in Valley Station, what to check in the housing stock, and who tends to buy here.

• 525 single-family homes sold in Valley Station (ZIP 40272) in the 12 months ending August 2026, down 5.9% from the prior year.
• The 12-month sales-weighted median sold price was about $224,000, essentially flat year over year (down 0.1%); average sold price was about $244,000.
• Homes sold in an average of 31.3 days on market at 99.2% of list price.
• Active listings reached 127 in August 2026, up 33.7% from August 2025, pushing months of supply to about 2.9.
• 80% of recently sold homes were built between 1950 and 1979, with a median size of about 1,225 square feet.
• Jefferson County sits in the EPA's Zone 1 for radon potential, and the Ohio River floodwall and levee protecting southwest Louisville, including the Valley Station side of Dixie Highway, was completed in 1989.

Valley Station is one of the 10 busiest neighborhoods for home sales in Louisville for the 12 months ending August 2026. Here's the full ZIP 40272 picture.

Where Valley Station is and how to get around

Valley Station covers ZIP code 40272 in southwest Jefferson County, bordered by the Ohio River and its floodwall to the west and north, Shively and Pleasure Ridge Park to the northeast, and the rising ground of the Knobs — where Jefferson Memorial Forest begins — to the south. Dixie Highway (U.S. 31W) is the neighborhood's spine, carrying local retail and TARC's Dixie Rapid bus rapid transit line. Riverview Park, with a Louisville Loop trailhead and a boat ramp on the Ohio River, sits just west; Waverly Park's nearly 300 acres are a few minutes north; Sun Valley Park and its community center, at 6505 Bethany Lane, anchor the interior.

Downtown Louisville runs about 20 to 25 minutes via Dixie Highway and the Watterson Expressway (I-264); UPS Worldport and the airport (SDF) are about the same via the Greenbelt Highway. Ford's Louisville Assembly Plant and GE Appliance Park, both near Fern Valley Road, are roughly 20 to 25 minutes east on the Watterson. The Gene Snyder Freeway (I-265) becomes Kentucky 841 west of I-65 and ends by merging into the Greenbelt Highway (KY 1934) near the river and the Riverport Industrial Park, just north of Valley Station. Fort Knox is about 25 to 30 minutes south on Dixie Highway.

Dixie Highway is mid-renovation: Louisville Metro's Dixie Highway Improvement Project, the "Dixie Do-Over," is adding sidewalks, lighting, and a median promenade from Oak Street to I-265. Nearby in this series: Shively, sharing the Dixie Highway corridor to the northeast, and Iroquois Park and the South End, further east along the river.

A short history of Valley Station

Valley Station takes its name from its setting — the lower ground between the Ohio River bottoms and the Knobs, the ridge of hills also called the Muldraugh Escarpment, rising just south of the neighborhood and now home to Jefferson Memorial Forest. The Salt River Turnpike, a 19th-century toll road, ran through the area and was later rebuilt as U.S. Route 31W, Dixie Highway, shaping the neighborhood's growth for more than a century. Settlement dates to the mid-1800s, but most of Valley Station's current housing stock went up in the 1950s and 1960s, as postwar suburban development spread southwest along Dixie Highway, alongside similar growth in neighboring Pleasure Ridge Park. Jefferson Memorial Forest, dedicated October 10, 1948, as a memorial to Jefferson County's World War II dead, has since grown to nearly 6,700 acres, one of the largest municipal urban forests in the country. Valley Station was an unincorporated part of Jefferson County until 2003, when Louisville and Jefferson County's governments merged.

Valley Station home prices in 2026

• Closed sales (12 mo) — ZIP 40272 (Sep 2025–Aug 2026): 525 (down 5.9% year over year); Jefferson County: 10,339 (down 0.4%)
• Median sold price — ZIP 40272 (Sep 2025–Aug 2026): about $224,000 (down 0.1%); Jefferson County: about $281,000 (up about 3.5%)
• Average sold price — ZIP 40272 (Sep 2025–Aug 2026): about $244,000; Jefferson County: —
• Average days on market — ZIP 40272 (Sep 2025–Aug 2026): 31.3 days; Jefferson County: about 30 days
• Sale-to-list ratio — ZIP 40272 (Sep 2025–Aug 2026): 99.2%; Jefferson County: —
• Active listings, August 2026 — ZIP 40272 (Sep 2025–Aug 2026): 127 (up 33.7% year over year); Jefferson County: 2,433 (up 25.5%)
• Months of supply, August 2026 — ZIP 40272 (Sep 2025–Aug 2026): 2.9 months; Jefferson County: about 2.8 months
• Median list price of active listings — ZIP 40272 (Sep 2025–Aug 2026): about $250,000; Jefferson County: —

Source: Louisville MLS (Flexmls) single-family closed sales, ZIP 40272, Sep 2025–Aug 2026, pulled September 2026 by Winner Realty.

Closed sales dropped 5.9% and the median sold price barely moved, down just 0.1% to about $224,000 — that reads as cooling demand, not a price break. At 99.2% of list price and 31.3 average days on market, a well-priced home here is still moving close to full asking, just a little slower than the county's roughly 30-day average.

Inventory is where this market is shifting. Active listings jumped 33.7% to 127 homes, and the median list price of those actives, about $250,000, runs well above the $224,000 median that's actually closing — sellers are testing higher prices than the market has supported. Months of supply sits at 2.9, just above the county's 2.8: loosening, not turning. New listings totaled 854 against 525 closings, so not every listing found a buyer. For a similarly affordable ZIP with a different construction mix, see our guide to Okolona and Highview.

What's actually selling

Three out of four recent closings — 76% — sold between $200,000 and $300,000; 16% closed under $200,000, and just 8% topped $300,000. The median recent closed sale ran about $230,000 for roughly 1,225 square feet, typically 3 bedrooms and 2 bathrooms.

Construction is concentrated in one era: 80% of recent sales were built between 1950 and 1979, versus 10% built 2000–2015 and 8% built 2016 or later. The most frequent subdivisions were Prairie Village (7 sales), Sun Valley and Timothy Hills (4 each), Hawthorne Pointe and Windsor Place (3 each), and Valley Village, De Nada Gates, and Orell Station (2 each). Most of what sold was a standalone single-family home, with a handful of condominiums mixed in.

A typical recent sale: a 3-bed, 1-bath, 1,160-square-foot home built in 1959 in De Nada Gates closed at $230,000 after 36 days. On the low end, a 3-bed, 1-bath, 1,014-square-foot home built in 1971 in Leemont Acres closed at $122,840 after 40 days. On the high end, a 3-bed, 3-bath, 1,703-square-foot home built in 1969 in Windsor Forest closed at $370,000 after 147 days — condition and updates can move a price a long way even in an affordable ZIP.

Housing stock and what to inspect

With 80% of recent sales built between 1950 and 1979, brick ranches and split-levels dominate the housing stock. Pre-1970 construction is where I tell buyers to budget for a sewer-lateral inspection — cast-iron and clay laterals, often Orangeburg pipe, are prone to root intrusion and collapse. Homes wired between 1965 and 1973 sometimes still carry original aluminum branch wiring, worth an inspector's attention if it hasn't been pigtailed or replaced. The small share of 1980s-and-1990s construction here also raises the polybutylene-pipe question, for pipe installed roughly 1978 to 1995.

Jefferson County falls in the EPA's Zone 1 for radon potential, its highest category, so a radon test belongs on every Louisville inspection. Because the neighborhood runs along the Ohio River, flood risk is worth checking parcel by parcel: the Army Corps of Engineers built the Southwest Jefferson floodwall and levee reach protecting this stretch of river between 1973 and 1989, and it has held since. Pull the flood layer for any specific property before writing an offer; see our flood zone guide for Louisville buyers.

Parks, daily life, and what's nearby

Sun Valley Park and its community center, at 6505 Bethany Lane, sit at the center of the neighborhood, with a pool, exercise equipment, and a game room. Riverview Park, on Greenwood Road along the Ohio River, has a Louisville Loop trailhead, boat ramps, a sprayground, and river frontage; Waverly Park, open since 1964 on nearly 300 acres, adds hiking and mountain-biking trails, a golf course, archery, and canoe access to Pond Creek. Jefferson Memorial Forest — nearly 6,700 acres of trails in the Knobs — starts just south. Dixie Highway carries the everyday retail and grocery options, along with the Dixie Rapid bus service to downtown.

Who should buy in Valley Station

A first-time buyer with a budget under $250,000 will find the deepest selection here — 76% of recent closings landed between $200,000 and $300,000, right where the neighborhood's active median list price sits. A move-up buyer who wants a 2010s-or-newer build has a narrower but real slice: about 18% of recent sales were built in 2000 or later. A downsizer looking for a single-level ranch or patio home is well served by the housing stock — 80% of what's sold recently dates to the 1950–1979 brick-ranch era, much of it built on one level.

An investor weighing rental stock will find smaller, older homes and a handful of condominiums in the mix, with sale prices low enough — a recent low-end sale closed under $125,000 — to pencil out in a way that's harder in pricier Louisville ZIPs; run the numbers through our investment property analyzer first. And for anyone commuting to Fort Knox, Riverport, or the Ford and GE plants east of the Watterson, Valley Station's spot on Dixie Highway keeps that drive short.

Selling a home in Valley Station

At 99.2% of list price and 31.3 average days on market, Valley Station sellers are still getting close to full asking price, though the market has slowed a bit from the 29.0-day summer 2026 average. Closings peak in June and July — 52 homes sold in each of those months over the past year, roughly double the January trough — so listing in spring still makes sense if your timeline allows it. With active listings up 33.7% year over year, pricing accurately from the start matters more than it did a year ago.

Start with our home value estimate tool, and run your numbers through the seller net proceeds calculator before you list. Winner Realty listings also go out to The Morning Bergeron's 60,000-plus daily readers and to OffMarket.deals' investor audience, which matters here since investor interest runs higher than the citywide average.

Frequently asked questions

Is Valley Station in Louisville or its own city?

Valley Station is a neighborhood within Louisville Metro, not a separate city. It was an unincorporated part of Jefferson County until 2003, when Louisville and Jefferson County's governments merged.

What ZIP code is Valley Station?

Valley Station is ZIP code 40272, in southwest Jefferson County along the Ohio River and Dixie Highway.

How much does a house cost in Valley Station?

The 12-month sales-weighted median sold price was about $224,000 as of August 2026, with 76% of recent sales closing between $200,000 and $300,000.

How far is Valley Station from downtown Louisville?

Downtown Louisville is about 20 to 25 minutes from Valley Station via Dixie Highway and the Watterson Expressway (I-264).

What school district serves Valley Station?

Jefferson County Public Schools serves Valley Station, including Valley Traditional High School on Dixie Highway.

Is Valley Station in a flood zone?

Part of Valley Station sits near the Ohio River behind a levee and floodwall the Army Corps of Engineers completed in 1989, but flood-zone status varies by parcel — check the specific address before buying, which our flood zone guide walks through.

Talk to Winner Realty

If you're weighing a move into or out of Valley Station, I'll pull a free comp report for your specific street, showing what's actually closed nearby rather than a citywide average, and set you up with an alert for whatever fits what you're looking for as soon as it hits the market. Book a call and send me your address or the subdivision you're watching, and I'll have the numbers ready before we talk.

Rob Bergeron is the Owner–Realtor of Winner Realty, an award-winning Louisville, Kentucky brokerage, and writes The Morning Bergeron, a daily Louisville real-estate newsletter read by more than 60,000 people. Kentucky license #219325.