The story of this market
The typical home in ZIP 40220 sells for about $275,000, or $158 per square foot.
Prices are down 3.5% from a year ago, which gives buyers more room to negotiate. Homes take about 53 days to sell. HUD's fair market rent for a two-bedroom is $1,229 a month.
ZIP 40220 — Louisville
The 40220 housing market is experiencing a period of softening, with median sale prices down 3.5% year-over-year to $275,000. While sales volume has increased, the time homes spend on the market has risen significantly, indicating a slower pace for sellers. Investors are advised to exercise caution due to potential management and vacancy challenges.
The area is suitable for a mix of residents, though the market currently presents challenges for investors due to management intensity and vacancy drift.
Median prices moved down 3.5% year over year.
Homes spend a median of 53 days on market with 0.0 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 2.4% · poverty 8.6% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 40220, 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 rental market in 40220 shows a median asking rent of $1,554, reflecting a year-over-year decrease of 2.81%.
Data sourced from United States Zip Codes and ACS estimates.
- Kentucky Kingdom & Hurricane Bay4.37.1 mi
- Malibu Jack's Louisville4.41.9 mi
- Activate Games4.91.3 mi
- Sky Zone Trampoline Park4.16.1 mi
- Dave & Buster's Louisville42.1 mi
- Churchill Downs4.78.5 mi
- Kentucky Exposition Center4.46.8 mi
- Louisville Slugger Museum & Factory4.88.4 mi
- KFC Yum! Center4.57.9 mi
- Kentucky International Convention Center4.57.9 mi
- Churchill Downs4.78.5 mi
- Louisville Slugger Museum & Factory4.88.4 mi
- Louisville Zoo4.54.9 mi
- Lights Under Louisville4.74.8 mi
- Louisville Mega Cavern4.54.8 mi
- Louisville Slugger Museum & Factory4.88.4 mi
- Kentucky Derby Museum4.78.4 mi
- The Waverly Hills Sanatorium4.613.6 mi
- Muhammad Ali Center4.88.2 mi
- Mellwood Art Center4.66 mi
- Waterfront Park4.77.4 mi
- Cherokee Park4.84.7 mi
- Falls of the Ohio State Park4.68.9 mi
- Iroquois Amphitheater4.79.7 mi
- Beckley Creek Park4.87.7 mi
- Louisville Boat Club4.56 mi
- RiverPark Place Marina4.56.6 mi
- Admirals Anchor4.66.7 mi
- Jeffersonville’s Fishermans Wharf4.67.3 mi
- Topgolf Louisville41.8 mi
- Woodhaven Country Club4.73.3 mi
- Seneca Golf Course4.23.1 mi
- Valhalla Golf Club4.88.1 mi
- Hidden Creek Golf Club4.511.5 mi
- Mall St. Matthews4.31.9 mi
- Jefferson Mall46.1 mi
- Oxmoor Center4.32 mi
- Publix Super Market at Terra Crossing4.57.5 mi
- T.J. Maxx & HomeGoods4.40.2 mi
- Louisville Muhammad Ali International Airport4.37 mi
- Bowman Field4.52.7 mi
- Louisville Regional Airport Authority4.37.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.