Lyndon Center, Louisville, KY—40211
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lyndon Center, Louisville, KY
As of Oct '25, the median home price in Lyndon Center, Louisville, KY is $93,000, with a year-over-year change of 5.6%. This indicates that home prices in Lyndon Center, Louisville, KY are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $93,000 | 5.6% |
| Single Family | $93,000 | 3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $63,000 | 0.0% |
2 Bed | $85,000 | 2.4% |
3 Bed | $125,000 | 5.0% |
4 Bed | $133,000 | 4.7% |
| 5 Bed | $135,000 | 7.1% |
% of Housing Stock
Rental Trends — Lyndon Center, Louisville, KY
As of July '25, Rentcast reports the average rent in Lyndon Center, Louisville, KY is $1,080, with a year-over-year rent change of -4.4%. Per bedroom, the median rent as of July '25 in Lyndon Center, Louisville, KY is 1-bedrooms: $735, 2-bedrooms: $949, 3-bedrooms: $1,200, 4-bedrooms: $1,340. The most common rental property sizes in Lyndon Center, Louisville, KY are 2-bedroom and 3-bedroom, accounting for 35.0% and 33.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,040 | $1,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $695 | $735 |
| 2 Bed Rent | $950 | $949 |
| 3 Bed Rent | $1,150 | $1,200 |
| 4 Bed Rent | $1,340 | $1,340 |
% of Rental Stock
Property Listings — Lyndon Center, Louisville, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Lyndon Center, Louisville, KY is 50. This is a increase of 5.0% 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $144,000 | 5.0% |
Listing Count | 88 | -2.0% |
| Listings as % of Homes | 0.7% | -2.0% |
Days on Market | 50 | 5.0% |
Demographics — Lyndon Center, Louisville, KY
As of the latest ACS Survey released in 2023, Lyndon Center, Louisville, KY has a population of 21,200, which has decreased by -8.8% over the past 5 years. Lyndon Center, Louisville, KY is a popular place for families, as children make up 28.0% of the population. The area has a poorly educated workforce, with 10.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,200 | -8.8% |
% Under 18 | 28.0% | -8.2% |
% Seniors | 13.9% | 12.1% |
% WFH | 5.6% | 100.0% |
% w/ College Degree | 10.7% | 17.6% |
As of the latest ACS Survey released in 2023, Lyndon Center, Louisville, KY is a predominantly black area, with 90.2% of the population identifying as black. The black population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Lyndon Center, Louisville, KY is white, making up 4.5% of the population. Foreign-born residents account for 0.7% of the population in Lyndon Center, Louisville, KY, and this percentage has decreased by 46.2% 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 | 4.5% | -10.0% |
% Black | 90.2% | -2.0% |
% Hispanic | 1.3% | -18.8% |
% Asian | 0.2% | ∞% |
% Foreign Born | 0.7% | -46.2% |
Mortgage and Risk — Lyndon Center, Louisville, KY
According to HUD data as of 2023, there were 269 mortgage originations in Lyndon Center, Louisville, KY, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Lyndon Center, Louisville, KY. Investor activity is low, as 12.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 269 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 12.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Lyndon Center, Louisville, KY
As of 2024, the percent of homes in Lyndon Center, Louisville, KY under the Section 8 program is 32.9%. 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 Lyndon Center, 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 | 2,163 |
Total Units Section 8 | 1,710 |
% Rentals under Section 8 | 32.9% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $275 | $695 | $970 |
| 2 Bedroom | $230 | $950 | $1,180 |
| 3 Bedroom | $390 | $1,150 | $1,540 |
| 4 Bedroom | $420 | $1,340 | $1,760 |
Affordability — Lyndon Center, Louisville, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $93,000 |
| Median Household Income | $32,600 |