The housing market in 40217 Louisville, Kentucky is quite strong compared to the US as a whole. The median value of homes in the area is $216,100, which is significantly lower than the US median value of $338,100. However, appreciation on housing in this area has been stellar in the past year with an increase of 9.79%, higher than the national average of 8.27%. With low home prices and great appreciation, this Louisville area looks like it will continue to be a hot housing market for years to come.
The median home cost in Louisville (zip 40217) is $216,100. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Louisville (zip 40217) is up 11.5%.
Average Age of Homes
- The median age of Louisville (zip 40217) real estate is 78 years old
The Rental Market in Louisville (zip 40217)
- Renters make up 32.5% of the Louisville (zip 40217) population
- 1.2% of houses and apartments in Louisville (zip 40217), 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.