Zip 40245 (Louisville, KY) Housing

The housing market in 40245 Louisville, KY is stronger than the national average. According to the latest figures, the median value of houses in the area is $432,100, which is significantly higher than the US house median value of $338,100. Additionally, in the past year house appreciation in 40245 Louisville, KY has been 9.79%, which is higher than the national average of 8.27%. This indicates that houses in this area are growing in value at a faster rate than elsewhere in the country.

The median home cost in Louisville (zip 40245) is $432,100. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Louisville (zip 40245) is up 11.5%.

Average Age of Homes

- The median age of Louisville (zip 40245) real estate is 17 years old

The Rental Market in Louisville (zip 40245)

- Renters make up 14.9% of the Louisville (zip 40245) population
- 1.6% of houses and apartments in Louisville (zip 40245), 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
	14,466.0	139,647,020.0
	19	42
	$432,100	$338,100
	11.5%	16.6%
	44.6%	57.0%
	74.6%	101.1%
	$9.24	$10.98
	$3,348	$2,690
	74.7%	57.4%
	5.2%	11.2%
	20.2%	31.4%
Vacant Housing
	1.6%	1.9%
	0.3%	0.4%
	0.9%	0.7%
	0.4%	0.4%
	1.0%	3.6%
	0.9%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.3%	2.4%
	0.3%	2.8%
	0.9%	3.9%
	0.5%	4.5%
	2.6%	11.3%
	4.2%	13.0%
	21.8%	20.1%
	30.8%	13.6%
	19.8%	8.3%
	13.5%	9.7%
	4.4%	3.9%
	0.5%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	35.9%	13.6%
	35.9%	13.6%
	24.6%	13.6%
	8.1%	13.2%
	6.7%	14.8%
	24.6%	13.6%
	0.9%	10.0%
	0.7%	4.7%
	0.4%	12.2%

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