Zip 40206 (Louisville, KY) Housing

The median value of housing in 40206 Louisville, Kentucky is $253,600, which is substantially lower than the US median value of $338,100. However, the one year house appreciation rate in 40206 Louisville is 9.79%, which is slightly higher than the US average of 8.27%. This indicates that there are opportunities for relative affordability within the area as well as potential gains from buying a house in 40206 Louisville.

The median home cost in Louisville (zip 40206) is $253,600. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Louisville (zip 40206) is up 11.5%.

Average Age of Homes

- The median age of Louisville (zip 40206) real estate is 62 years old

The Rental Market in Louisville (zip 40206)

- Renters make up 45.7% of the Louisville (zip 40206) population
- 2.9% of houses and apartments in Louisville (zip 40206), 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
	11,394.0	139,647,020.0
	63	42
	$253,600	$338,100
	11.5%	16.6%
	44.6%	57.0%
	74.6%	101.1%
	$9.93	$10.98
	$2,275	$2,690
	49.3%	57.4%
	7.6%	11.2%
	43.1%	31.4%
Vacant Housing
	2.9%	1.9%
	0.4%	0.4%
	0.5%	0.7%
	0.6%	0.4%
	0.9%	3.6%
	2.4%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	0.0%	2.4%
	0.2%	2.8%
	2.1%	3.9%
	2.4%	4.5%
	21.7%	11.3%
	16.1%	13.0%
	23.3%	20.1%
	15.7%	13.6%
	6.3%	8.3%
	8.7%	9.7%
	2.4%	3.9%
	0.3%	2.2%
	0.2%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.0%	13.6%
	5.0%	13.6%
	5.9%	13.6%
	5.3%	13.2%
	12.5%	14.8%
	5.9%	13.6%
	10.7%	10.0%
	3.9%	4.7%
	37.9%	12.2%

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