East Louisville, Louisville, KY—40291
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — East Louisville, Louisville, KY
As of Oct '25, the median home price in East Louisville, Louisville, KY is $297,000, with a year-over-year change of 2.5%. This indicates that home prices in East Louisville, Louisville, KY are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $297,000 | 2.5% |
| Single Family | $308,000 | 2.0% |
| Condos | $209,000 | 3.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $225,000 | 4.7% |
2 Bed | $238,000 | 3.5% |
3 Bed | $303,000 | 2.0% |
4 Bed | $388,000 | 1.8% |
| 5 Bed | $506,000 | 1.8% |
% of Housing Stock
Rental Trends — East Louisville, Louisville, KY
As of July '25, Rentcast reports the average rent in East Louisville, Louisville, KY is $1,990, with a year-over-year rent change of 17.8%. Per bedroom, the median rent as of July '25 in East Louisville, Louisville, KY is 1-bedrooms: $1,050, 2-bedrooms: $1,360, 3-bedrooms: $2,240, 4-bedrooms: $2,620. The most common rental property sizes in East Louisville, Louisville, KY are 2-bedroom and 1-bedroom, accounting for 47.4% and 26.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,010 | $1,990 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,080 | $1,050 |
| 2 Bed Rent | $1,280 | $1,360 |
| 3 Bed Rent | $2,180 | $2,240 |
| 4 Bed Rent | $2,590 | $2,620 |
% of Rental Stock
Property Listings — East Louisville, Louisville, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in East Louisville, Louisville, KY is 37. This is a decrease of -3.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $357,000 | -1.0% |
Listing Count | 209 | 43.0% |
| Listings as % of Homes | 0.6% | 43.0% |
Days on Market | 37 | -3.0% |
Demographics — East Louisville, Louisville, KY
As of the latest ACS Survey released in 2023, East Louisville, Louisville, KY has a population of 41,500, which has increased by 9.6% over the past 5 years. East Louisville, Louisville, KY is a moderately popular place for families, as children make up 24.1% of the population. The area has a moderately educated workforce, with 32.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 41,500 | 9.6% |
% Under 18 | 24.1% | 1.3% |
% Seniors | 17.4% | 3.6% |
% WFH | 12.2% | 134.6% |
% w/ College Degree | 32.7% | -0.3% |
As of the latest ACS Survey released in 2023, East Louisville, Louisville, KY is a predominantly white area, with 66.3% of the population identifying as white. The white population has shrunk by 16.1% in the last 5 years. The second most common race or ethnicity in East Louisville, Louisville, KY is black, making up 19.2% of the population. Foreign-born residents account for 7.1% of the population in East Louisville, Louisville, KY, and this percentage has increased by 77.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 66.3% | -16.1% |
% Black | 19.2% | 43.3% |
% Hispanic | 7.6% | 65.2% |
% Asian | 3.0% | 200.0% |
% Foreign Born | 7.1% | 77.5% |
Mortgage and Risk — East Louisville, Louisville, KY
According to HUD data as of 2023, there were 1201 mortgage originations in East Louisville, Louisville, KY, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in East Louisville, Louisville, KY. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,201 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — East Louisville, Louisville, KY
As of 2024, the percent of homes in East Louisville, Louisville, KY under the Section 8 program is 2.3%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in East Louisville, 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 | 207 |
Total Units Section 8 | 102 |
% Rentals under Section 8 | 2.3% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $110 | $1,080 | $1,190 |
| 2 Bedroom | $170 | $1,280 | $1,450 |
| 3 Bedroom | -$310 | $2,180 | $1,870 |
| 4 Bedroom | -$420 | $2,590 | $2,170 |
Affordability — East Louisville, Louisville, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $297,000 |
| Median Household Income | $81,600 |