The story of this market
The typical home in ZIP 40205 sells for about $405,000, or $201 per square foot.
Prices are up +1.1% from a year ago, so sellers still have some momentum. Homes take about 64 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,185 a month.
ZIP 40205 — Louisville
The 40205 housing market remains competitive with a median sale price of $405,000, reflecting a 1.1% year-over-year increase. While sales volume has moderated, the area's central location and established character continue to drive steady demand among buyers.
This ZIP is well-suited for family buyers and professionals seeking established neighborhoods with proximity to the city center and local amenities.
Median prices moved up 1.1% year over year.
Homes spend a median of 64 days on market with 1.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 7.1% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 40205, Jefferson County KY
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Jefferson County Public Schools system, which provides a range of public educational options for residents.
The area benefits from its proximity to the Louisville metropolitan employment core, with steady demand for established residential housing.
Property taxes are assessed by the Jefferson County Property Valuation Administrator; rates are determined by local taxing districts including the city and school district.
Residents benefit from a short mean commute time of approximately 18.6 minutes to the Louisville employment core.
The ZIP features access to local parks and established neighborhood shopping districts within the Highlands area of Louisville.
The rental market is supported by a mix of single-family and multi-family housing, with demand driven by the area's central location.
The economy is anchored by the broader Louisville metropolitan area, featuring a mix of healthcare, logistics, and education sectors.
The area is served by major arterial roads providing direct access to downtown Louisville and surrounding suburban hubs.
Development is primarily focused on infill projects and the renovation of existing residential stock.
The Jefferson County Property Valuation Administrator manages assessments for all real property within the county.
Parcels are subject to Jefferson County taxing jurisdictions, including school and municipal service districts.
Data sourced from Census Reporter and ACS 5-year profiles.
- Kentucky Kingdom & Hurricane Bay4.33.9 mi
- Malibu Jack's Louisville4.45.2 mi
- Activate Games4.94.7 mi
- Sky Zone Trampoline Park4.19.3 mi
- Dave & Buster's Louisville43.5 mi
- Churchill Downs4.75.2 mi
- Kentucky Exposition Center4.43.6 mi
- Louisville Slugger Museum & Factory4.85.2 mi
- KFC Yum! Center4.54.8 mi
- Kentucky International Convention Center4.54.8 mi
- Churchill Downs4.75.2 mi
- Louisville Slugger Museum & Factory4.85.2 mi
- Louisville Zoo4.51.9 mi
- Lights Under Louisville4.71.9 mi
- Louisville Mega Cavern4.51.9 mi
- Louisville Slugger Museum & Factory4.85.2 mi
- Kentucky Derby Museum4.75.1 mi
- The Waverly Hills Sanatorium4.610.8 mi
- Muhammad Ali Center4.85.1 mi
- Mellwood Art Center4.63.4 mi
- Waterfront Park4.74.4 mi
- Cherokee Park4.81.7 mi
- Falls of the Ohio State Park4.66 mi
- Iroquois Amphitheater4.76.9 mi
- E.P. Tom Sawyer State Park4.67.8 mi
- Louisville Boat Club4.54.9 mi
- RiverPark Place Marina4.53.9 mi
- Admirals Anchor4.65.8 mi
- Jeffersonville’s Fishermans Wharf4.64.6 mi
- Topgolf Louisville44.1 mi
- Woodhaven Country Club4.74.4 mi
- Seneca Golf Course4.20.7 mi
- Hidden Creek Golf Club4.510 mi
- Valhalla Golf Club4.811.4 mi
- Mall St. Matthews4.33.5 mi
- Jefferson Mall45.6 mi
- Oxmoor Center4.34.2 mi
- Publix Super Market at Terra Crossing4.510.5 mi
- T.J. Maxx & HomeGoods4.43.1 mi
- Louisville Muhammad Ali International Airport4.34.5 mi
- Bowman Field4.50.9 mi
- Louisville Regional Airport Authority4.34.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A popular area known for its diverse local restaurants and boutique shops.
A major municipal park designed by Frederick Law Olmsted offering extensive trails and green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.