Zip 40272 (Louisville, KY) Housing

The housing market in 40272 Louisville, KY is seeing strong appreciation. The median value of homes is $184,300, which is significantly lower than the US house median value of $338,100. However, the 1 year appreciation rate of 9.79% in 40272 Louisville, KY is higher than the national average of 8.27%. This illustrates a strong and growing local housing market in the area and could provide potential buyers with good opportunities to invest in the real estate market.

The median home cost in Louisville (zip 40272) is $184,300. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Louisville (zip 40272) is up 11.5%.

Average Age of Homes

- The median age of Louisville (zip 40272) real estate is 48 years old

The Rental Market in Louisville (zip 40272)

- Renters make up 21.1% of the Louisville (zip 40272) population
- 2.8% of houses and apartments in Louisville (zip 40272), 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
	15,681.0	139,647,020.0
	51	42
	$184,300	$338,100
	11.5%	16.6%
	44.6%	57.0%
	74.6%	101.1%
	$8.86	$10.98
	$1,265	$2,690
	68.3%	57.4%
	7.4%	11.2%
	24.3%	31.4%
Vacant Housing
	2.8%	1.9%
	0.3%	0.4%
	1.0%	0.7%
	0.3%	0.4%
	0.4%	3.6%
	2.7%	4.1%
Value of Owner-Occupied Housing
	4.1%	2.6%
	2.2%	2.4%
	1.1%	2.8%
	3.6%	3.9%
	12.3%	4.5%
	31.5%	11.3%
	21.1%	13.0%
	16.6%	20.1%
	4.6%	13.6%
	1.0%	8.3%
	1.4%	9.7%
	0.2%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	11.3%	13.6%
	11.3%	13.6%
	13.1%	13.6%
	6.1%	13.2%
	12.7%	14.8%
	13.1%	13.6%
	26.5%	10.0%
	3.1%	4.7%
	2.0%	12.2%

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