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Louisville area · ZIP 40165

Shepherdsville Is the Bullitt County Seat, and Most of ZIP 40165 Is Not in the City

The Bullitt County Courthouse, Shepherdsville, Kentucky
Photo: CC BY-SA 4.0

What are homes selling for in Shepherdsville?

The median sale price in Shepherdsville is $327,545, +11.0% year over year.

Median sale price
$327,545

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
53 days

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

Months of inventory
4.36

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

Sold-to-list price
98.4%

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

Active listings
143

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

Homes sold, last 12 months
394

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

What is for sale in Shepherdsville right now?

See all homes for sale in 40165

Who lives in Shepherdsville?

Shepherdsville has a population of 38,403, a median age of 42.0, and a median household income of $79,540.

Population
38,403
Median age
42.0
Median household income
$79,540

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 Shepherdsville?

Homes in Shepherdsville go under contract in an average of 53 days. Going under contract is only half the timeline; figure roughly 12 weeks in Shepherdsville from listing to keys.

That is an average, so a handful of homes that sat for months pulls it upward. Most homes in Shepherdsville 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 Shepherdsville?

Homes in Shepherdsville sell at 98.4% of list price.

Should I sell my home in Shepherdsville now?

Yes — conditions in Shepherdsville currently favor sellers. Homes in Shepherdsville are selling at 98.4% of list price in an average of 53 days, with 4.36 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 Shepherdsville?

Shepherdsville is close to balanced right now, with neither side holding much leverage. Shepherdsville has 4.36 months of inventory, with 143 active listings and 394 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 Shepherdsville?

Shepherdsville is an incorporated city in Bullitt County, about 20 miles south of downtown Louisville. ZIP 40165 extends well beyond the city limits.

Shepherdsville is an incorporated city and the seat of Bullitt County, on the Salt River about 20 miles south of downtown Louisville, served by three I-65 interchanges — exits 114, 116 and 117. ZIP 40165 is entirely within Bullitt County and reaches well past the city line: roughly 81% of the ZIP's land is in no incorporated place at all. Parts of Hillview, Pioneer Village, Hebron Estates and Fox Chase also fall inside it.

What is Shepherdsville actually like?

The city received its charter in 1793 and became the county seat when Bullitt County was formed in 1796. What that means for a buyer is that addresses in this ZIP range from in-town lots to acreage outside any city limits, with different services and different taxes.

The market moved more here than anywhere else on this site: the median rose 11.0% year over year, from $295,000 to $327,545. A caution on that figure — a ZIP-wide median can move because values rose or because the mix of what sold changed, and there is substantial new construction along the I-65 corridor. The number is accurate; the explanation is worth a conversation before you price against it.

One thing to be clear about: Bernheim Forest and the Jim Beam distillery are in Bullitt County, but they are in Clermont, ZIP 40110, about five I-65 exits further south. They are not in this ZIP.

What schools serve Shepherdsville?

Shepherdsville and all of ZIP 40165 are in Bullitt County, served by Bullitt County Public Schools. Unlike Jefferson County, Bullitt County assigns students by attendance area rather than a district-wide choice system. Confirm the attendance area for a specific address with the district.

Bullitt County Public Schools

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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.