Zip 40208 (Louisville, KY) Housing

The housing market in 40208 Louisville, KY is strong and appreciating. The median value of housing in 40208 Louisville, KY is $116,600, which is much lower than the US house median value of $338,100. However, the 1 year house appreciation rate in 40208 Louisville, KY is 9.79%, which is higher than the US average of 8.27%. This indicates that housing prices are rising rapidly in this area, making it a good time to buy or invest in real estate.

The median home cost in Louisville (zip 40208) is $116,600. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Louisville (zip 40208) is up 11.5%.

Average Age of Homes

- The median age of Louisville (zip 40208) real estate is 78 years old

The Rental Market in Louisville (zip 40208)

- Renters make up 60.6% of the Louisville (zip 40208) population
- 5.8% of houses and apartments in Louisville (zip 40208), 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
	6,442.0	139,647,020.0
	79	42
	$116,600	$338,100
	11.5%	16.6%
	44.6%	57.0%
	74.6%	101.1%
	$11.33	$10.98
	$1,380	$2,690
	18.8%	57.4%
	21.0%	11.2%
	60.2%	31.4%
Vacant Housing
	5.8%	1.9%
	0.5%	0.4%
	1.1%	0.7%
	1.5%	0.4%
	0.3%	3.6%
	11.9%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	5.2%	2.4%
	8.4%	2.8%
	16.0%	3.9%
	11.2%	4.5%
	14.1%	11.3%
	8.7%	13.0%
	13.1%	20.1%
	1.2%	13.6%
	5.1%	8.3%
	13.8%	9.7%
	2.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.7%	13.6%
	5.7%	13.6%
	4.0%	13.6%
	2.0%	13.2%
	6.1%	14.8%
	4.0%	13.6%
	9.2%	10.0%
	15.6%	4.7%
	47.5%	12.2%

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