Louisville, KY 40245 - Real Estate Investment Insights & Performance Data

Welcome to our 40245 real estate data hub, tailored for investors in Louisville, KY. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 40245 in Louisville, KY. Discover Section 8 housing opportunities and challenges to maximize your investment potential in JEFFERSON COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Louisville, KY real estate investing. Uncover the wealth of information available, and position yourself for success in the Louisville property market.

• Location Overview

  • Zip Code: 40245
  • City: Louisville
  • State: KY
  • Metro Area: Louisville/Jefferson County, KY-IN
  • County Name: JEFFERSON COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $449,462
  • Average Home Price (Single Family Homes): $457,051
  • Average Monthly Rental Price (All Types): $1,293
  • Price-to-Rent Ratio: 29
  • Zillow Projected % appreciation from 4/2023-4/2024: 0.8%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,450
  • Average 3 Bedroom Section 8 Rental Rates: $1,910
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 25.83
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 19.61
  • Number of Units Offered in Section 8 in the County: 6958
  • Number of Occupied Units in Section 8 in the County: 6413
  • Percentage of Section 8 Units Occupied in the County: 92.19999695%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 141.42
  • Total % Appreciation since 2000 (Government Data): 75.3
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.68%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 3.87%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 27.01%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 38.14%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 65.8%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 69.89%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 94.96%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 0.5%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%