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Southwest Jefferson County, Louisville, KY—40258

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$230,000
2.8% YoY Growth
Household Income
$66,300
29.5% YoY Growth
Days on Market
28
4.0% Shorter YoY
Home Price Forecast
0.2%
Median Rent
$1,400
6.8% YoY Growth
1-Bed Rent
$850
8.8% YoY Growth
2-Bed Rent
$895
8.1% YoY Growth
3-Bed Rent
$1,650
5.0% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Southwest Jefferson County, Louisville, KY

As of May '26, the median home price in Southwest Jefferson County, Louisville, KY is $230,000, with a year-over-year change of 2.8%. This indicates that home prices in Southwest Jefferson County, Louisville, KY are increasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$230,0002.8%
Single Family $230,0001.8%
Condos $219,0003.8%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$203,0004.1%
    3 Bed
    		$241,0003.0%
    4 Bed
    		$281,0002.2%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    1.0%
    1 Bedroom
    4.7%
    2 Bedrooms
    22.8%
    3 Bedrooms
    54.7%
    4 Bedrooms
    13.4%
    5+ Bedrooms
    3.4%

    Rental Trends — Southwest Jefferson County, Louisville, KY

    As of July '25, Rentcast reports the average rent in Southwest Jefferson County, Louisville, KY is $1,360, with a year-over-year rent change of -6.8%. Per bedroom, the median rent as of July '25 in Southwest Jefferson County, Louisville, KY is 1-bedrooms: $865, 2-bedrooms: $965, 3-bedrooms: $1,680, 4-bedrooms: $1,920. The most common rental property sizes in Southwest Jefferson County, Louisville, KY are 3-bedroom and 2-bedroom, accounting for 39.0% and 38.5% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,400$1,360
    Studio Rent N/AN/A
    1 Bed Rent $850$865
    2 Bed Rent $895$965
    3 Bed Rent $1,650$1,680
    4 Bed Rent $1,840$1,920
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    % of Rental Stock

    Studio
    4.1%
    1 Bedroom
    14.8%
    2 Bedrooms
    38.5%
    3 Bedrooms
    39.0%
    4 Bedrooms
    2.8%
    5+ Bedrooms
    0.8%

    Property Listings — Southwest Jefferson County, Louisville, KY

    As of May '26, Realtor.com reports that the median days on market for a home in Southwest Jefferson County, Louisville, KY is 28. This is a decrease of -4.0% 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
    		$249,0006.0%
    Listing Count
    		10215.0%
    Listings as % of Homes0.6%15.0%
    Days on Market
    		28-4.0%
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    Demographics — Southwest Jefferson County, Louisville, KY

    As of the latest ACS Survey released in 2023, Southwest Jefferson County, Louisville, KY has a population of 26,600, which has decreased by -1.3% over the past 5 years. Southwest Jefferson County, Louisville, KY is a moderately popular place for families, as children make up 22.0% of the population. The area has a poorly educated workforce, with 14.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		26,600-1.3%
    % Under 18
    		22.0%-7.6%
    % Seniors
    		16.1%10.3%
    % WFH
    		10.4%235.5%
    % w/ College Degree
    		14.8%4.2%
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    As of the latest ACS Survey released in 2023, Southwest Jefferson County, Louisville, KY is a predominantly white area, with 66.7% of the population identifying as white. The white population has shrunk by 11.8% in the last 5 years. The second most common race or ethnicity in Southwest Jefferson County, Louisville, KY is black, making up 22.7% of the population. Foreign-born residents account for 4.9% of the population in Southwest Jefferson County, Louisville, KY, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		66.7%-11.8%
    % Black
    		22.7%38.4%
    % Hispanic
    		5.4%25.6%
    % Asian
    		0.4%-63.6%
    % Foreign Born
    		4.9%0.0%
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    Mortgage and Risk — Southwest Jefferson County, Louisville, KY

    According to HUD data as of 2023, there were 574 mortgage originations in Southwest Jefferson County, Louisville, KY, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Southwest Jefferson County, Louisville, KY. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		574
    % Conventional Loans
    		69.0%
    % Government Loans
    		31.0%
    % Investor Loans
    		3.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		13.0%
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    Rentals and Section 8 — Southwest Jefferson County, Louisville, KY

    As of 2024, the percent of homes in Southwest Jefferson County, Louisville, KY under the Section 8 program is 12.0%. 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 Southwest Jefferson County, 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
    		454
    Total Units Section 8
    		453
    % Rentals under Section 8
    		12.0%
    % Occupied Section 8
    		89.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$260$850$1,110
    2 Bedroom$455$895$1,350
    3 Bedroom$90$1,650$1,740
    4 Bedroom$180$1,840$2,020

    Affordability — Southwest Jefferson County, Louisville, KY

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3
    Median Home Price$230,000
    Median Household Income$66,300

    Southwest Jefferson County, Louisville, KY — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Shively, Louisville, KY

    40216

    Pleasure Ridge Park, Louisville, KY

    40272

    Fairdale, Louisville, KY

    40214

    Seneca Gardens, Louisville, KY

    40215

    Lyndon Center, Louisville, KY

    40211

    Frequently Asked Questions