Highview, Louisville, KY—40218
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Highview, Louisville, KY
As of Oct '25, the median home price in Highview, Louisville, KY is $210,000, with a year-over-year change of 7.0%. This indicates that home prices in Highview, Louisville, KY are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $210,000 | 7.0% |
| Single Family | $227,000 | 6.1% |
| Condos | $124,000 | 3.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $117,000 | 3.5% |
2 Bed | $150,000 | 4.2% |
3 Bed | $239,000 | 3.9% |
4 Bed | $291,000 | 3.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Highview, Louisville, KY
As of July '25, Rentcast reports the average rent in Highview, Louisville, KY is $1,360, with a year-over-year rent change of 0.7%. Per bedroom, the median rent as of July '25 in Highview, Louisville, KY is studios: $815, 1-bedrooms: $836, 2-bedrooms: $1,020, 3-bedrooms: $1,680, 4-bedrooms: $1,850. The most common rental property sizes in Highview, Louisville, KY are 2-bedroom and 1-bedroom, accounting for 49.7% and 26.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,360 |
| Studio Rent | $815 | $815 |
| 1 Bed Rent | $875 | $836 |
| 2 Bed Rent | $925 | $1,020 |
| 3 Bed Rent | $1,610 | $1,680 |
| 4 Bed Rent | $1,780 | $1,850 |
% of Rental Stock
Property Listings — Highview, Louisville, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Highview, Louisville, KY is 35. This is a increase of 12.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $244,000 | 14.0% |
Listing Count | 84 | 20.0% |
| Listings as % of Homes | 0.4% | 20.0% |
Days on Market | 35 | 12.0% |
Demographics — Highview, Louisville, KY
As of the latest ACS Survey released in 2023, Highview, Louisville, KY has a population of 33,300, which has decreased by -3.3% over the past 5 years. Highview, Louisville, KY is a popular place for families, as children make up 25.3% of the population. The area has a moderately educated workforce, with 28.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,300 | -3.3% |
% Under 18 | 25.3% | 2.4% |
% Seniors | 13.0% | 10.2% |
% WFH | 9.6% | 123.3% |
% w/ College Degree | 28.6% | 20.7% |
As of the latest ACS Survey released in 2023, Highview, Louisville, KY is a predominantly white area, with 42.1% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in Highview, Louisville, KY is black, making up 32.8% of the population. Foreign-born residents account for 19.9% of the population in Highview, Louisville, KY, and this percentage has decreased by 1.0% 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 | 42.1% | -2.3% |
% Black | 32.8% | -15.0% |
% Hispanic | 16.8% | 66.3% |
% Asian | 4.1% | -29.3% |
% Foreign Born | 19.9% | -1.0% |
Mortgage and Risk — Highview, Louisville, KY
According to HUD data as of 2023, there were 559 mortgage originations in Highview, Louisville, KY, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Highview, Louisville, KY. Investor activity is low, as 5.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 559 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Highview, Louisville, KY
As of 2024, the percent of homes in Highview, Louisville, KY under the Section 8 program is 9.3%. 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. In Highview, 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 | 708 |
Total Units Section 8 | 560 |
% Rentals under Section 8 | 9.3% |
% Occupied Section 8 | 91.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $215 | $875 | $1,090 |
| 2 Bedroom | $395 | $925 | $1,320 |
| 3 Bedroom | $90 | $1,610 | $1,700 |
| 4 Bedroom | $190 | $1,780 | $1,970 |
Affordability — Highview, Louisville, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $210,000 |
| Median Household Income | $56,200 |