Zip 40204 (Louisville, KY) Housing

The housing market in 40204 Louisville, KY is thriving and is currently have a median value of $257,100. This is significantly lower than the US House Median Value of $338,100, making it an attractive option for buyers. Additionally, over the past year there has been an 8.27% increase in the US house market appreciation while the appreciation rate for 40204 Louisville, KY was even higher at 9.79%. This indicates that it may be an ideal place to invest in housing as it has shown strong signs of growth.

The median home cost in Louisville (zip 40204) is $257,100. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Louisville (zip 40204) is up 11.5%.

Average Age of Homes

- The median age of Louisville (zip 40204) real estate is 78 years old

The Rental Market in Louisville (zip 40204)

- Renters make up 43.6% of the Louisville (zip 40204) population
- 4.4% of houses and apartments in Louisville (zip 40204), 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
	8,718.0	139,647,020.0
	51	42
	$257,100	$338,100
	11.5%	16.6%
	44.6%	57.0%
	74.6%	101.1%
	$10.11	$10.98
	$2,423	$2,690
	43.5%	57.4%
	11.9%	11.2%
	44.6%	31.4%
Vacant Housing
	4.4%	1.9%
	0.6%	0.4%
	1.9%	0.7%
	1.1%	0.4%
	0.6%	3.6%
	3.2%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	1.1%	2.4%
	0.7%	2.8%
	1.8%	3.9%
	2.9%	4.5%
	13.5%	11.3%
	19.0%	13.0%
	20.8%	20.1%
	10.9%	13.6%
	11.3%	8.3%
	11.7%	9.7%
	5.1%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	2.2%	13.6%
	2.2%	13.6%
	2.1%	13.6%
	2.1%	13.2%
	7.5%	14.8%
	2.1%	13.6%
	5.6%	10.0%
	7.9%	4.7%
	60.7%	12.2%

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