Buechel, Louisville, KY40219

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$225,000
5.6% YoY Growth
Median Household Income
$52,300
11.4% 5-Year Growth
Days on Market
30
19.0% Shorter than last year
Home Price Forecast
1.1%
Median Rent
$1,040
8.6% YoY Growth
1-Bed Rent
$995
22.9% YoY Growth
2-Bed Rent
$962
0.0% YoY Growth
3-Bed Rent
$1,700
6.2% YoY Growth

Property Listings — Buechel, Louisville, KY

As of Oct '25, Realtor.com reports that the median days on market for a home in Buechel, Louisville, KY is 30. This is a decrease of -19.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$268,0005.0%
Listing Count
9422.0%
Listings as % of Homes0.3%22.0%
Days on Market
30-19.0%
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Demographics — Buechel, Louisville, KY

As of the latest ACS Survey released in 2023, Buechel, Louisville, KY has a population of 39,100, which has decreased by -1.1% over the past 5 years. Buechel, Louisville, KY is a popular place for families, as children make up 26.8% of the population. The area has a poorly educated workforce, with 19.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
39,100-1.1%
% Under 18
26.8%18.1%
% Seniors
13.8%1.5%
% WFH
6.8%126.7%
% w/ College Degree
19.6%9.5%
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As of the latest ACS Survey released in 2023, Buechel, Louisville, KY is a predominantly white area, with 44.2% of the population identifying as white. The white population has shrunk by 20.5% in the last 5 years. The second most common race or ethnicity in Buechel, Louisville, KY is black, making up 27.3% of the population. Foreign-born residents account for 21.3% of the population in Buechel, Louisville, KY, and this percentage has increased by 34.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
44.2%-20.5%
% Black
27.3%13.3%
% Hispanic
24.7%59.4%
% Asian
1.3%-50.0%
% Foreign Born
21.3%34.8%
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Mortgage and Risk — Buechel, Louisville, KY

According to HUD data as of 2023, there were 521 mortgage originations in Buechel, Louisville, KY, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Buechel, Louisville, KY. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
521
% Conventional Loans
77.0%
% Government Loans
23.0%
% Investor Loans
2.0%
% Second Loans
0.0%
% Cash Out Refinance
12.0%

Loan Activity

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Rentals and Section 8 — Buechel, Louisville, KY

As of 2024, the percent of homes in Buechel, Louisville, KY under the Section 8 program is 12.7%. 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 Buechel, 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
1,161
Total Units Section 8
1,047
% Rentals under Section 8
12.7%
% Occupied Section 8
89.2%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$15$995$1,010
2 Bedroom$268$962$1,230
3 Bedroom-$110$1,700$1,590
4 Bedroom-$660$2,500$1,840

Affordability — Buechel, Louisville, KY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.8
Median Home Price$225,000
Median Household Income$52,300

Buechel, Louisville, KY — ZIP Code Boundary Map

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Frequently Asked Questions