The story of this market
The typical home in ZIP 47119 sells for about $445,000, or $205 per square foot.
Prices are up +12.5% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,089 a month.
ZIP 47119 — Floyds Knobs
The 47119 housing market is experiencing strong price appreciation, with a 12.5% year-over-year increase driven by high demand and limited inventory. The area remains a desirable destination for families, supported by high median household incomes and proximity to the Louisville metro area. Market conditions remain competitive, with homes selling near asking price.
This ZIP is ideal for family buyers and professionals working in the Louisville metro area who prioritize suburban space, higher household incomes, and a quieter, semi-rural environment.
Median prices moved up 12.5% year over year.
Homes spend a median of 42 days on market with 3.5 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.0% · poverty 2.4% — a stable, low-distress 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 6.9%/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 6.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 47119, Floyd County, Indiana
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 Floyd County Consolidated School Corporation, which generally maintains a positive reputation within the region.
The region faces standard Midwestern climate risks, including seasonal severe thunderstorms and occasional wind events; flood risk is localized to specific low-lying areas.
Economic momentum is driven by proximity to the Louisville, Kentucky metropolitan area, with significant residential development occurring in the Floyds Knobs and surrounding unincorporated areas.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
Residents primarily commute by car toward the Louisville employment core, with typical drive times ranging from 20 to 30 minutes depending on traffic conditions.
The area features access to rural landscapes, local parks, and proximity to the Knobstone Escarpment, offering hiking and outdoor recreation opportunities within a short drive.
The rental market is characterized by low vacancy rates and steady demand, largely driven by families seeking suburban living with proximity to Louisville.
The economy is closely integrated with the Louisville, Kentucky labor market, featuring a mix of healthcare, logistics, and professional services employment.
Transportation is heavily reliant on private vehicle use, with access to major corridors like I-64 and I-265 facilitating regional connectivity.
Development is primarily focused on low-density residential expansion, with local planning boards managing infrastructure growth to support new housing.
The Floyd County Assessor manages property valuations, conducting periodic reassessments to align with current market trends.
Parcels are subject to Floyd County Consolidated School Corporation taxes and various local township and fire district levies.
Property insurance premiums are influenced by regional weather patterns, with standard coverage for wind and hail being common.
Data retrieved from data.census.gov ZCTA5 47119 profile.
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 Bay4.313.9 mi
- Activate Games4.919.6 mi
- Dave & Buster's Louisville417 mi
- River Run Family Waterpark4.34.7 mi
- Sky Zone Trampoline Park3.619.3 mi
- Churchill Downs4.712.6 mi
- Kentucky Exposition Center4.413.9 mi
- Louisville Slugger Museum & Factory4.810.2 mi
- KFC Yum! Center4.510.6 mi
- Kentucky International Convention Center4.510.7 mi
- Churchill Downs4.712.6 mi
- Louisville Slugger Museum & Factory4.810.2 mi
- Angel's Envy Distillery4.711.2 mi
- Waterfront Park4.711 mi
- Georgetown Drive-In4.74.7 mi
- Louisville Slugger Museum & Factory4.810.2 mi
- Kentucky Derby Museum4.712.6 mi
- The Waverly Hills Sanatorium4.615.7 mi
- Muhammad Ali Center4.810.3 mi
- Mellwood Art Center4.612.3 mi
- Waterfront Park4.711 mi
- Falls of the Ohio State Park4.69.4 mi
- Waterfront Botanical Gardens4.711.8 mi
- Deam Lake State Recreation Area4.58.4 mi
- Cave Hill Cemetery & Arboretum4.712.7 mi
- Louisville Boat Club4.513.3 mi
- RiverPark Place Marina4.511.7 mi
- Admirals Anchor4.613.2 mi
- Jeffersonville’s Fishermans Wharf4.610.9 mi
- Covered Bridge Golf Club4.58.6 mi
- Hidden Creek Golf Club4.59.9 mi
- South Seas Tiki & Golf Lounge4.311.8 mi
- Champions Pointe Golf Club4.612.7 mi
- Shawnee Golf Course4.27.3 mi
- Huber's Orchard & Winery4.65.1 mi
- Meijer4.36.3 mi
- Meijer4.211 mi
- Fleur De Flea Vintage Market4.712.1 mi
- Green Tree Mall48.3 mi
- Louisville Muhammad Ali International Airport4.315.8 mi
- Bowman Field4.515.7 mi
- Louisville Regional Airport Authority4.314.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local park providing green space and recreational facilities.
Provides scenic views and hiking opportunities for the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.