Zip 40223 (Louisville, KY) Housing

Housing in Louisville, KY (40223) is quite attractive. The median value is $344,400, which is slightly higher than the US House Median Value of $338,100. Additionally, the one year house appreciation rate in Louisville is also higher than the national average at 9.79%, compared to 8.27%. This shows that houses in Louisville are rapidly increasing in value and could be a great investment opportunity for people looking to buy property.

The median home cost in Louisville (zip 40223) is $344,400. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Louisville (zip 40223) is up 11.5%.

Average Age of Homes

- The median age of Louisville (zip 40223) real estate is 37 years old

The Rental Market in Louisville (zip 40223)

- Renters make up 24.2% of the Louisville (zip 40223) population
- 1.3% of houses and apartments in Louisville (zip 40223), 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
	10,517.0	139,647,020.0
	39	42
	$344,400	$338,100
	11.5%	16.6%
	44.6%	57.0%
	74.6%	101.1%
	$8.28	$10.98
	$2,452	$2,690
	69.7%	57.4%
	4.5%	11.2%
	25.9%	31.4%
Vacant Housing
	1.3%	1.9%
	0.0%	0.4%
	0.9%	0.7%
	0.1%	0.4%
	1.0%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.2%	2.4%
	0.1%	2.8%
	0.0%	3.9%
	0.3%	4.5%
	9.9%	11.3%
	15.3%	13.0%
	25.0%	20.1%
	28.2%	13.6%
	9.6%	8.3%
	5.5%	9.7%
	2.9%	3.9%
	1.9%	2.2%
	0.8%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.6%	0.2%
	6.7%	13.6%
	6.7%	13.6%
	18.6%	13.6%
	21.5%	13.2%
	25.2%	14.8%
	18.6%	13.6%
	8.9%	10.0%
	1.9%	4.7%
	1.8%	12.2%

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