Clifton / Crescent Hill, Louisville, KY—40207
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Clifton / Crescent Hill, Louisville, KY
As of Oct '25, the median home price in Clifton / Crescent Hill, Louisville, KY is $408,000, with a year-over-year change of 4.0%. This indicates that home prices in Clifton / Crescent Hill, Louisville, KY are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $408,000 | 4.0% |
| Single Family | $433,000 | 4.3% |
| Condos | $217,000 | 5.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $293,000 | 2.8% |
2 Bed | $341,000 | 3.3% |
3 Bed | $415,000 | 2.7% |
4 Bed | $577,000 | 4.7% |
| 5 Bed | $917,000 | 6.3% |
% of Housing Stock
Rental Trends — Clifton / Crescent Hill, Louisville, KY
As of July '25, Rentcast reports the average rent in Clifton / Crescent Hill, Louisville, KY is $2,120, with a year-over-year rent change of 3.9%. Per bedroom, the median rent as of July '25 in Clifton / Crescent Hill, Louisville, KY is 1-bedrooms: $1,050, 2-bedrooms: $1,530, 3-bedrooms: $2,480, 4-bedrooms: $3,120. The most common rental property sizes in Clifton / Crescent Hill, Louisville, KY are 2-bedroom and 1-bedroom, accounting for 37.3% and 34.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,010 | $1,050 |
| 2 Bed Rent | $1,500 | $1,530 |
| 3 Bed Rent | $2,400 | $2,480 |
| 4 Bed Rent | $3,000 | $3,120 |
% of Rental Stock
Property Listings — Clifton / Crescent Hill, Louisville, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Clifton / Crescent Hill, Louisville, KY is 33. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $468,000 | -5.0% |
Listing Count | 127 | 33.0% |
| Listings as % of Homes | 0.5% | 33.0% |
Days on Market | 33 | 0.0% |
Demographics — Clifton / Crescent Hill, Louisville, KY
As of the latest ACS Survey released in 2023, Clifton / Crescent Hill, Louisville, KY has a population of 28,600, which has decreased by -6.2% over the past 5 years. Clifton / Crescent Hill, Louisville, KY is a moderately popular place for families, as children make up 19.0% of the population. The area has a highly educated workforce, with 67.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,600 | -6.2% |
% Under 18 | 19.0% | -4.0% |
% Seniors | 22.1% | 8.9% |
% WFH | 20.5% | 215.4% |
% w/ College Degree | 67.8% | 6.8% |
As of the latest ACS Survey released in 2023, Clifton / Crescent Hill, Louisville, KY is a predominantly white area, with 87.9% of the population identifying as white. The white population has grown by 1.0% in the last 5 years. The second most common race or ethnicity in Clifton / Crescent Hill, Louisville, KY is black, making up 3.2% of the population. Foreign-born residents account for 5.2% of the population in Clifton / Crescent Hill, Louisville, KY, and this percentage has decreased by 18.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.9% | 1.0% |
% Black | 3.2% | -20.0% |
% Hispanic | 2.9% | -39.6% |
% Asian | 3.0% | 25.0% |
% Foreign Born | 5.2% | -18.8% |
Mortgage and Risk — Clifton / Crescent Hill, Louisville, KY
According to HUD data as of 2023, there were 688 mortgage originations in Clifton / Crescent Hill, Louisville, KY, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Clifton / Crescent Hill, Louisville, KY. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 688 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Clifton / Crescent Hill, Louisville, KY
As of 2024, the percent of homes in Clifton / Crescent Hill, Louisville, KY under the Section 8 program is 3.5%. 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 and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Clifton / Crescent Hill, Louisville, KY, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 181 |
Total Units Section 8 | 157 |
% Rentals under Section 8 | 3.5% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $300 | $1,010 | $1,310 |
| 2 Bedroom | $90 | $1,500 | $1,590 |
| 3 Bedroom | -$350 | $2,400 | $2,050 |
| 4 Bedroom | -$620 | $3,000 | $2,380 |
Affordability — Clifton / Crescent Hill, Louisville, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $408,000 |
| Median Household Income | $98,600 |