Housing in 40202 Louisville, KY is experiencing an increase in median value and appreciation. The median value of housing in this area is $329,500, which is slightly lower than the US House Median Value of $338,100. However, what this area has seen is a 9.79% one-year appreciation rate compared to a 8.27% appreciation rate in the US as a whole. This indicates that the housing market in 40202 Louisville, KY is in strong demand and continues to be a desirable area for potential homeowners and investors alike.
The median home cost in Louisville (zip 40202) is $329,500. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Louisville (zip 40202) is up 11.5%.
Average Age of Homes
- The median age of Louisville (zip 40202) real estate is 54 years old
The Rental Market in Louisville (zip 40202)
- Renters make up 74.6% of the Louisville (zip 40202) population
- 15.6% of houses and apartments in Louisville (zip 40202), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.