Zip 40214 (Louisville, KY) Housing

The housing market in 40214 Louisville, KY is strong. The median value for a house in this area is $188,300, which is significantly lower than the US median value of $338,100. However, the one-year house appreciation rate for 40214 Louisville is 9.79%, compared to 8.27% nationally. This indicates that the housing market is growing steadily in 40214 Louisville and provides an excellent opportunity for homebuyers or investors looking to purchase property in the area.

The median home cost in Louisville (zip 40214) is $188,300. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Louisville (zip 40214) is up 11.5%.

Average Age of Homes

- The median age of Louisville (zip 40214) real estate is 52 years old

The Rental Market in Louisville (zip 40214)

- Renters make up 39.8% of the Louisville (zip 40214) population
- 3.5% of houses and apartments in Louisville (zip 40214), 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
	20,484.0	139,647,020.0
	57	42
	$188,300	$338,100
	11.5%	16.6%
	44.6%	57.0%
	74.6%	101.1%
	$9.51	$10.98
	$1,402	$2,690
	47.4%	57.4%
	10.2%	11.2%
	42.4%	31.4%
Vacant Housing
	3.5%	1.9%
	0.7%	0.4%
	0.8%	0.7%
	0.3%	0.4%
	0.0%	3.6%
	4.9%	4.1%
Value of Owner-Occupied Housing
	2.5%	2.6%
	0.6%	2.4%
	1.6%	2.8%
	5.7%	3.9%
	10.3%	4.5%
	30.8%	11.3%
	27.0%	13.0%
	12.3%	20.1%
	5.7%	13.6%
	2.6%	8.3%
	0.2%	9.7%
	0.3%	3.9%
	0.0%	2.2%
	0.1%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.8%	13.6%
	3.8%	13.6%
	9.8%	13.6%
	6.5%	13.2%
	14.8%	14.8%
	9.8%	13.6%
	18.8%	10.0%
	11.6%	4.7%
	11.2%	12.2%

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