Zip 40203 (Louisville, KY) Housing

The housing market in Louisville, KY 40203 is performing well compared to the US average. The median value of homes in this area is $132,900, which is significantly lower than the US median value of $338,100. In the last year, there has been a 9.79% appreciation in home values in this region, which is higher than the 8.27% average appreciated for US housing overall. This shows that despite its relatively low median home value, Louisville's housing market is able to maintain steady growth due to other factors such as its location or amenities.

The median home cost in Louisville (zip 40203) is $132,900. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Louisville (zip 40203) is up 11.5%.

Average Age of Homes

- The median age of Louisville (zip 40203) real estate is 74 years old

The Rental Market in Louisville (zip 40203)

- Renters make up 72.1% of the Louisville (zip 40203) population
- 6.3% of houses and apartments in Louisville (zip 40203), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Louisville, Kentucky	United States
	10,768.0	139,647,020.0
	75	42
	$132,900	$338,100
	11.5%	16.6%
	44.6%	57.0%
	74.6%	101.1%
	$8.36	$10.98
	$1,121	$2,690
	17.4%	57.4%
	17.2%	11.2%
	65.4%	31.4%
Vacant Housing
	6.3%	1.9%
	0.3%	0.4%
	0.7%	0.7%
	0.1%	0.4%
	0.8%	3.6%
	8.9%	4.1%
Value of Owner-Occupied Housing
	3.7%	2.6%
	9.8%	2.4%
	5.6%	2.8%
	14.1%	3.9%
	8.7%	4.5%
	12.6%	11.3%
	20.1%	13.0%
	11.7%	20.1%
	2.0%	13.6%
	3.4%	8.3%
	0.9%	9.7%
	4.0%	3.9%
	0.7%	2.2%
	0.0%	0.8%
	2.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.5%	13.6%
	4.5%	13.6%
	4.9%	13.6%
	7.3%	13.2%
	11.7%	14.8%
	4.9%	13.6%
	4.9%	10.0%
	9.9%	4.7%
	44.1%	12.2%

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