West Louisville, Louisville, KY—40210
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — West Louisville, Louisville, KY
As of Oct '25, the median home price in West Louisville, Louisville, KY is $82,000, with a year-over-year change of 6.0%. This indicates that home prices in West Louisville, 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 Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $82,000 | 6.0% |
| Single Family | $83,000 | 5.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $60,000 | 1.7% |
2 Bed | $79,000 | 2.6% |
3 Bed | $100,000 | 5.3% |
4 Bed | $124,000 | 4.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — West Louisville, Louisville, KY
As of July '25, Rentcast reports the average rent in West Louisville, Louisville, KY is $1,100, with a year-over-year rent change of 2.8%. Per bedroom, the median rent as of July '25 in West Louisville, Louisville, KY is 1-bedrooms: $861, 2-bedrooms: $961, 3-bedrooms: $1,130, 4-bedrooms: $1,400. The most common rental property sizes in West Louisville, Louisville, KY are 2-bedroom and 3-bedroom, accounting for 43.3% and 26.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,040 | $1,100 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $750 | $861 |
| 2 Bed Rent | $950 | $961 |
| 3 Bed Rent | $1,100 | $1,130 |
| 4 Bed Rent | $1,550 | $1,400 |
% of Rental Stock
Property Listings — West Louisville, Louisville, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in West Louisville, Louisville, KY is 41. This is a decrease of -2.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $129,000 | 8.0% |
Listing Count | 72 | 8.0% |
| Listings as % of Homes | 0.4% | 8.0% |
Days on Market | 41 | -2.0% |
Demographics — West Louisville, Louisville, KY
As of the latest ACS Survey released in 2023, West Louisville, Louisville, KY has a population of 14,200, which has remained stable by -0.6% over the past 5 years. West Louisville, Louisville, KY is a popular place for families, as children make up 28.9% of the population. The area has a poorly educated workforce, with 10.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,200 | -0.6% |
% Under 18 | 28.9% | -11.1% |
% Seniors | 15.6% | 28.9% |
% WFH | 6.6% | 106.2% |
% w/ College Degree | 10.0% | 66.7% |
As of the latest ACS Survey released in 2023, West Louisville, Louisville, KY is a predominantly black area, with 84.4% of the population identifying as black. The black population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in West Louisville, Louisville, KY is white, making up 7.8% of the population. Foreign-born residents account for 3.5% of the population in West Louisville, Louisville, KY, and this percentage has decreased by 44.4% 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 | 7.8% | -28.4% |
% Black | 84.4% | -0.4% |
% Hispanic | 2.6% | 23.8% |
% Asian | 0.1% | ∞% |
% Foreign Born | 3.5% | -44.4% |
Mortgage and Risk — West Louisville, Louisville, KY
According to HUD data as of 2023, there were 125 mortgage originations in West Louisville, Louisville, KY, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in West Louisville, Louisville, KY. Investor activity is low, as 13.0% 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 | 125 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 13.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — West Louisville, Louisville, KY
As of 2024, the percent of homes in West Louisville, Louisville, KY under the Section 8 program is 28.2%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In West Louisville, Louisville, KY, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 1,745 |
Total Units Section 8 | 963 |
% Rentals under Section 8 | 28.2% |
% Occupied Section 8 | 87.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $240 | $750 | $990 |
| 2 Bedroom | $250 | $950 | $1,200 |
| 3 Bedroom | $450 | $1,100 | $1,550 |
| 4 Bedroom | $240 | $1,550 | $1,790 |
Affordability — West Louisville, Louisville, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.8 |
| Median Home Price | $82,000 |
| Median Household Income | $35,800 |