Clifton Heights, Louisville, KY—40206
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Clifton Heights, Louisville, KY
As of Oct '25, the median home price in Clifton Heights, Louisville, KY is $266,000, with a year-over-year change of 2.9%. This indicates that home prices in Clifton Heights, Louisville, KY are increasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $266,000 | 2.9% |
| Single Family | $315,000 | 1.9% |
| Condos | $166,000 | 3.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $221,000 | 2.8% |
2 Bed | $244,000 | 2.5% |
3 Bed | $344,000 | 1.2% |
4 Bed | $556,000 | 2.6% |
| 5 Bed | $783,000 | 3.0% |
% of Housing Stock
Rental Trends — Clifton Heights, Louisville, KY
As of July '25, Rentcast reports the average rent in Clifton Heights, Louisville, KY is $1,500, with a year-over-year rent change of 12.8%. Per bedroom, the median rent as of July '25 in Clifton Heights, Louisville, KY is studios: $1,090, 1-bedrooms: $1,050, 2-bedrooms: $1,520, 3-bedrooms: $2,320, 4-bedrooms: $4,000. The most common rental property sizes in Clifton Heights, Louisville, KY are 2-bedroom and 1-bedroom, accounting for 42.3% and 39.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,500 |
| Studio Rent | $1,270 | $1,090 |
| 1 Bed Rent | $950 | $1,050 |
| 2 Bed Rent | $1,450 | $1,520 |
| 3 Bed Rent | $2,200 | $2,320 |
| 4 Bed Rent | $2,500 | $4,000 |
% of Rental Stock
Property Listings — Clifton Heights, Louisville, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Clifton Heights, Louisville, KY is 37. This is a increase of 20.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $300,000 | 1.0% |
Listing Count | 98 | 55.0% |
| Listings as % of Homes | 0.3% | 55.0% |
Days on Market | 37 | 20.0% |
Demographics — Clifton Heights, Louisville, KY
As of the latest ACS Survey released in 2023, Clifton Heights, Louisville, KY has a population of 20,300, which has increased by 2.7% over the past 5 years. Clifton Heights, Louisville, KY is a less popular place for families, as children make up 14.9% of the population. The area has a highly educated workforce, with 55.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,300 | 2.7% |
% Under 18 | 14.9% | 2.1% |
% Seniors | 16.5% | 5.1% |
% WFH | 13.4% | 94.2% |
% w/ College Degree | 55.2% | -1.4% |
As of the latest ACS Survey released in 2023, Clifton Heights, Louisville, KY is a predominantly white area, with 78.1% of the population identifying as white. The white population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Clifton Heights, Louisville, KY is black, making up 11.1% of the population. Foreign-born residents account for 7.6% of the population in Clifton Heights, Louisville, KY, and this percentage has increased by 58.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 78.1% | -6.4% |
% Black | 11.1% | 16.8% |
% Hispanic | 4.3% | 104.8% |
% Asian | 3.5% | 20.7% |
% Foreign Born | 7.6% | 58.3% |
Mortgage and Risk — Clifton Heights, Louisville, KY
According to HUD data as of 2023, there were 319 mortgage originations in Clifton Heights, Louisville, KY, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Clifton Heights, Louisville, KY. Investor activity is low, as 4.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 319 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Clifton Heights, Louisville, KY
As of 2024, the percent of homes in Clifton Heights, Louisville, KY under the Section 8 program is 2.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Clifton Heights, Louisville, KY, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 284 |
Total Units Section 8 | 134 |
% Rentals under Section 8 | 2.5% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $950 | $1,130 |
| 2 Bedroom | -$70 | $1,450 | $1,380 |
| 3 Bedroom | -$420 | $2,200 | $1,780 |
| 4 Bedroom | -$440 | $2,500 | $2,060 |
Affordability — Clifton Heights, Louisville, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $266,000 |
| Median Household Income | $72,500 |