RE/MAX
859.684.9995

Louisville area · ZIP 40118

Fairdale Is the Closest Thing to Rural Land Inside Jefferson County

Tom Wallace Lake in the Jefferson Memorial Forest, on the southern edge of Jefferson County near Fairdale, Kentucky.
Photo: Jaknouse via Wikimedia Commons, public domain

What are homes selling for in Fairdale?

The median sale price in Fairdale is $238,750, +11.0% year over year.

Median sale price
$238,750

Source: GLAR, closed residential, 2025-10-11 to 2026-10-11; computed 2026-10-11

Year-over-year change
+11.0%

Source: GLAR, closed residential, 2025-10-11 to 2026-10-11; computed 2026-10-11

Average days to contract
45 days

Source: GLAR published market statistics, cumulative days on market, trailing twelve months to September 2026.

Months of inventory
2.09

Source: GLAR, closed residential, 2025-10-11 to 2026-10-11; computed 2026-10-11

Sold-to-list price
98.9%

Source: GLAR, closed residential, 2025-10-11 to 2026-10-11; computed 2026-10-11

Active listings
16

Source: GLAR, closed residential, 2025-10-11 to 2026-10-11; computed 2026-10-11

Homes sold, last 12 months
92

Source: GLAR, closed residential, 2025-10-11 to 2026-10-11; computed 2026-10-11

What is for sale in Fairdale right now?

See all homes for sale in 40118

Who lives in Fairdale?

Fairdale has a population of 10,697, a median age of 37.1, and a median household income of $59,316.

Population
10,697
Median age
37.1
Median household income
$59,316

Source: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates, ZIP Code Tabulation Area.

How long does it take to sell a home in Fairdale?

Homes in Fairdale go under contract in an average of 45 days. Going under contract is only half the timeline; figure roughly 10.5 weeks in Fairdale from listing to keys.

That is an average, so a handful of homes that sat for months pulls it upward. Most homes in Fairdale go under contract faster than that figure suggests.

Across every price range on both sides of the river, closing takes about another month after the contract is signed — that interval is set by lender underwriting and title work, not by the neighborhood.

Are sellers getting their asking price in Fairdale?

Homes in Fairdale sell at 98.9% of list price.

Should I sell my home in Fairdale now?

Yes — conditions in Fairdale currently favor sellers. Homes in Fairdale are selling at 98.9% of list price in an average of 45 days, with 2.09 months of inventory — under the six-month line that separates a seller's market from a buyer's. Call 859.684.9995 and Alexandria will price your home against what has actually closed nearby, not a website estimate.

Is now a good time to buy in Fairdale?

Buyers have little leverage in Fairdale right now — inventory is tight. Fairdale has 2.09 months of inventory, with 16 active listings and 92 homes sold in the last twelve months.

Call 859.684.9995 and Alexandria will walk through what those numbers mean for your specific price range and timeline.

Where exactly is Fairdale?

Fairdale is the 40118 ZIP code in the Louisville, Kentucky area.

Fairdale occupies the southern edge of Jefferson County in the 40118 ZIP, bordering the Jefferson Memorial Forest.

What is Fairdale actually like?

Fairdale feels rural in a way almost nothing else inside Jefferson County does. The Jefferson Memorial Forest, roughly 6,600 acres of it, is effectively the back yard. People who move here generally want land and quiet and are willing to drive for it.

What schools serve Fairdale?

Fairdale is in Jefferson County, served by Jefferson County Public Schools. JCPS uses a school-choice system rather than strict address-based zoning: your address identifies a school that serves it, and families apply during an annual window that also includes magnet and optional programs. Use the district's SchoolFinder to see the options for a specific address.

JCPS SchoolFinder

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About this listing data

Greater Louisville Association of REALTORS® MLS

Listing information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed.

Data last updated .

Listings are shown courtesy of the listing brokerage named on each listing. Alexandria Grayson is a REALTOR® with RE/MAX Five Star Properties.