Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$264,664+3.9% YoY · prices are rising fast
Market right nowBuyer's marketMore homes for sale than last year, 24% have cut their price
Income needed to buy, per year$57,374About 0.7× the local median income ($76,553): affordable for a typical household
Days on market45 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+3.3%Zillow expects prices to rise slightly
The typical home in Louisville/Jefferson County, KY-IN is worth $264,664, up 3.9% from a year ago. That is well above what local incomes have historically supported: fair value is about $219,145, so the area is 20.8% overvalued. It is a buyer's market: homes take about 45 days to sell, listings are up 31% from a year ago, 24% of listings have had a price cut. Zillow expects prices to rise about 3.3% over the next year. A household needs about $57,374 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $76,553. Typical rent is $1,049 a month, or $1,096 for a house. In the latest IRS figures, 454 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$264,664
Change in 1 year
+3.9%
Overvalued %
+20.8%
Show 7 more
Fair home value
$219,145
Change in 5 years
+30.9%
Zillow forecast, next 12 months
+3.3%
Home value to income
3.5×
Monthly mortgage payment (20% down)
$1,434
Income needed to afford it
$57,374
Property tax rate
0.80%
Rent and investing
Typical rent
$1,049
Typical rent for houses
$1,096
Price-to-rent ratio
21.0×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,252
Gross rental yield
4.76%
Cap rate (estimate)
3.09%
Market activity
Listings vs a year ago
+30.6%
Days on market
45
Listings with a price cut
23.8%
Show 3 more
Homes for sale
4,820
Pending sales per 100 listings
37
Asking price per sq ft
$177
People and jobs
Median household income
$76,553
Population change (1 year)
+0.5%
Unemployment rate
4.7%
Show 4 more
Population
1,402,509
Income adjusted for cost of living
$82,227
Net moves in (IRS)
−454
Cost of living (US = 100)
93.1
Schools, risk and environment
School rating (1 to 10)
5.1
FEMA hazard risk score (0 to 100)
82.8
Unhealthy air days a year
8
Show 4 more
Flood risk score
84.4
Wildfire risk score
40.2
Walkability (1 to 20)
9.2
Road, rail and air noise
54 dB
Questions people ask
Is Louisville/Jefferson County, KY-IN overvalued?
Home prices in Louisville/Jefferson County, KY-IN are well above what local incomes have historically supported: fair value is about $219,145, so the area is 20.8% overvalued.
Is Louisville/Jefferson County, KY-IN a buyer's or seller's market?
Louisville/Jefferson County, KY-IN is a buyer's market: homes take about 45 days to sell, listings are up 31% from a year ago, 24% of listings have had a price cut.
Are home prices going down in Louisville/Jefferson County, KY-IN?
Home values in Louisville/Jefferson County, KY-IN are up 3.9% over the last year. Zillow's forecast for the next 12 months is +3.3%.
How much do you need to earn to buy a home in Louisville/Jefferson County, KY-IN?
A household needs about $57,374 a year to afford the typical home in Louisville/Jefferson County, KY-IN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $76,553.