The story of this market
The typical home in ZIP 40212 sells for about $182,000, or $125 per square foot.
Prices are up +3.9% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,032 a month.
ZIP 40212 — Louisville
The 40212 housing market remains an affordable entry point within the Louisville metro area, characterized by low median home values and steady year-over-year price appreciation. While inventory is limited, demand remains consistent among investors and first-time buyers, though the market faces challenges related to aging housing stock and regional economic disparities.
This ZIP is primarily suited for budget-conscious first-time homebuyers and long-term investors seeking entry-level properties in an urban setting with proximity to the city center.
Median prices moved up 3.9% year over year.
Homes spend a median of 45 days on market with 4.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.4% · poverty 32.2% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 40212, 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 experiences higher crime rates compared to the broader Louisville metropolitan region, with property and violent crime metrics consistently above the national average.
Public schools serving the area generally receive lower performance ratings, with many institutions facing challenges in meeting state proficiency benchmarks.
The ZIP code is located in a region with moderate flood risk near the Ohio River, and property insurance premiums are influenced by regional storm and wind exposure.
Economic momentum is driven by proximity to downtown Louisville's employment core, though the area itself has limited large-scale commercial development compared to suburban corridors.
Property taxes are assessed by the Jefferson County Property Valuation Administrator; the area is subject to standard municipal and school district levies without significant special district overlays.
Residents benefit from direct access to major thoroughfares like I-64 and I-264, providing a relatively short commute to downtown Louisville employment centers.
The area features access to Shawnee Park, which offers extensive green space and riverfront views, alongside local community centers and neighborhood shopping districts.
The rental market is characterized by high demand for affordable housing, with a significant share of investor-owned single-family rentals and low vacancy pressure.
The local economy is heavily integrated with the broader Louisville-Jefferson County metro area, which is anchored by logistics, healthcare, and manufacturing sectors.
The area is served by TARC bus routes and maintains strong connectivity to the regional highway network, facilitating access to major employment hubs.
Development is largely focused on urban infill and the rehabilitation of existing residential structures rather than new greenfield projects.
The Jefferson County Property Valuation Administrator conducts annual assessments based on market sales data to determine property tax liabilities.
Parcels are subject to Jefferson County Public Schools and municipal tax levies, with no major MUD or PID districts reported.
Property insurance costs are reflective of the broader Louisville market, with premiums impacted by regional weather patterns and flood zone designations.
Data retrieved from Census Reporter and data.census.gov profiles for ZCTA 40212.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Kentucky Kingdom & Hurricane Bay4.35.8 mi
- Malibu Jack's Louisville4.412.4 mi
- Activate Games4.911.9 mi
- Sky Zone Trampoline Park4.116 mi
- Dave & Buster's Louisville49.8 mi
- Churchill Downs4.74.7 mi
- Kentucky Exposition Center4.45.8 mi
- Louisville Slugger Museum & Factory4.82.2 mi
- KFC Yum! Center4.52.7 mi
- Kentucky International Convention Center4.52.7 mi
- Churchill Downs4.74.7 mi
- Louisville Slugger Museum & Factory4.82.2 mi
- Louisville Zoo4.56.7 mi
- Lights Under Louisville4.77 mi
- Louisville Mega Cavern4.57.1 mi
- Louisville Slugger Museum & Factory4.82.2 mi
- Kentucky Derby Museum4.74.7 mi
- The Waverly Hills Sanatorium4.69.8 mi
- Muhammad Ali Center4.82.4 mi
- Mellwood Art Center4.64.8 mi
- Waterfront Park4.73.3 mi
- Cherokee Park4.85.9 mi
- Falls of the Ohio State Park4.62.2 mi
- Iroquois Amphitheater4.77.6 mi
- Waterfront Botanical Gardens4.74.3 mi
- Louisville Boat Club4.57 mi
- RiverPark Place Marina4.54.2 mi
- Admirals Anchor4.67.4 mi
- Jeffersonville’s Fishermans Wharf4.63.6 mi
- Topgolf Louisville410.5 mi
- Covered Bridge Golf Club4.511.8 mi
- Woodhaven Country Club4.711.6 mi
- Hidden Creek Golf Club4.57.6 mi
- Seneca Golf Course4.27.5 mi
- Mall St. Matthews4.39.8 mi
- Jefferson Mall411.3 mi
- Oxmoor Center4.310.5 mi
- Huber's Orchard & Winery4.612.7 mi
- T.J. Maxx & HomeGoods4.410.4 mi
- Louisville Muhammad Ali International Airport4.37.8 mi
- Bowman Field4.57.9 mi
- Louisville Regional Airport Authority4.36.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A historic 280-acre park designed by Frederick Law Olmsted featuring riverfront access and sports facilities.
Local cultural institution highlighting the history of the Portland neighborhood.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.