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Clifton / Crescent Hill, Louisville, KY—40207

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$408,000
4.0% YoY Growth
Household Income
$98,600
25.2% YoY Growth
Days on Market
42
3.0% Shorter YoY
Home Price Forecast
1.1%
Median Rent
$2,200
3.9% YoY Growth
1-Bed Rent
$1,010
11.0% YoY Growth
2-Bed Rent
$1,500
7.3% YoY Growth
3-Bed Rent
$2,400
13.2% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Clifton / Crescent Hill, Louisville, KY

As of Dec '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 1.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$408,0004.0%
Single Family $433,0004.3%
Condos $215,0004.9%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • $293,000
    3.2%
    2 Bed
    $338,0003.0%
    3 Bed
    $414,0002.7%
    4 Bed
    $575,0004.5%
    5 Bed $912,8306.7%
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    % of Housing Stock

    Studio
    1.8%
    1 Bedroom
    11.9%
    2 Bedrooms
    22.7%
    3 Bedrooms
    37.0%
    4 Bedrooms
    21.3%
    5+ Bedrooms
    5.3%

    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.

    TypeMedian RentAverage Rent
    Average Rent$2,200$2,120
    Studio Rent N/AN/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
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    % of Rental Stock

    Studio
    5.6%
    1 Bedroom
    34.2%
    2 Bedrooms
    37.3%
    3 Bedrooms
    17.5%
    4 Bedrooms
    5.0%
    5+ Bedrooms
    0.5%

    Property Listings — Clifton / Crescent Hill, Louisville, KY

    As of Dec '25, Realtor.com reports that the median days on market for a home in Clifton / Crescent Hill, Louisville, KY is 37. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $477,000-1.0%
    Listing Count
    10625.0%
    Listings as % of Homes0.5%25.0%
    Days on Market
    42-3.0%
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    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.

    MetricLatest CensusYoY % 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%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio3.7
    Median Home Price$408,000
    Median Household Income$98,600

    Clifton / Crescent Hill, Louisville, KY — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Seminary Village, KY

    40041

    Cherokee Garden

    40280

    Woodside

    40025

    Lyndon, Louisville, KY

    40222

    Clifton Heights, Louisville, KY

    40206

    Frequently Asked Questions