Douglas Hills, Louisville, KY—40243
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Douglas Hills, Louisville, KY
As of Oct '25, the median home price in Douglas Hills, Louisville, KY is $333,000, with a year-over-year change of 4.1%. This indicates that home prices in Douglas Hills, Louisville, KY are increasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $333,000 | 4.1% |
| Single Family | $355,000 | 4.1% |
| Condos | $207,000 | 3.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $219,000 | 5.8% |
2 Bed | $294,000 | 2.4% |
3 Bed | $341,000 | 3.0% |
4 Bed | $412,000 | 3.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Douglas Hills, Louisville, KY
As of July '25, Rentcast reports the average rent in Douglas Hills, Louisville, KY is $1,640, with a year-over-year rent change of -28.7%. Per bedroom, the median rent as of July '25 in Douglas Hills, Louisville, KY is 1-bedrooms: $1,200, 2-bedrooms: $1,470, 3-bedrooms: $2,280, 4-bedrooms: $2,200. The most common rental property sizes in Douglas Hills, Louisville, KY are 2-bedroom and 1-bedroom, accounting for 46.0% and 41.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,640 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,180 | $1,200 |
| 2 Bed Rent | $1,350 | $1,470 |
| 3 Bed Rent | $2,350 | $2,280 |
| 4 Bed Rent | $2,200 | $2,200 |
% of Rental Stock
Property Listings — Douglas Hills, Louisville, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Douglas Hills, Louisville, KY is 22. This is a decrease of -18.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $332,000 | 1.0% |
Listing Count | 40 | -6.0% |
| Listings as % of Homes | 0.3% | -6.0% |
Days on Market | 22 | -18.0% |
Demographics — Douglas Hills, Louisville, KY
As of the latest ACS Survey released in 2023, Douglas Hills, Louisville, KY has a population of 12,000, which has increased by 15.7% over the past 5 years. Douglas Hills, Louisville, KY is a moderately popular place for families, as children make up 18.5% of the population. The area has a highly educated workforce, with 51.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,000 | 15.7% |
% Under 18 | 18.5% | -12.3% |
% Seniors | 25.5% | 14.9% |
% WFH | 10.9% | 240.6% |
% w/ College Degree | 51.5% | 9.6% |
As of the latest ACS Survey released in 2023, Douglas Hills, Louisville, KY is a predominantly white area, with 80.4% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Douglas Hills, Louisville, KY is black, making up 10.5% of the population. Foreign-born residents account for 5.5% of the population in Douglas Hills, Louisville, KY, and this percentage has increased by 161.9% 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 | 80.4% | -5.9% |
% Black | 10.5% | 61.5% |
% Hispanic | 2.5% | -16.7% |
% Asian | 3.5% | 288.9% |
% Foreign Born | 5.5% | 161.9% |
Mortgage and Risk — Douglas Hills, Louisville, KY
According to HUD data as of 2023, there were 241 mortgage originations in Douglas Hills, Louisville, KY, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Douglas Hills, Louisville, KY. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 241 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Douglas Hills, Louisville, KY
As of 2024, the percent of homes in Douglas Hills, Louisville, KY under the Section 8 program is 6.5%. 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 and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Douglas Hills, Louisville, KY, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 136 |
Total Units Section 8 | 130 |
% Rentals under Section 8 | 6.5% |
% Occupied Section 8 | 86.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $1,180 | $1,330 |
| 2 Bedroom | $270 | $1,350 | $1,620 |
| 3 Bedroom | -$260 | $2,350 | $2,090 |
| 4 Bedroom | $220 | $2,200 | $2,420 |
Affordability — Douglas Hills, Louisville, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $333,000 |
| Median Household Income | $75,900 |