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Prototype of a planned home-buying brokerage for the 50 largest U.S. cities. Not a licensed brokerage in any state, and no brokerage services are offered. Listings, people and companies are sample data; market statistics are real public data, cited where shown.

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Trends · Kentucky

House prices and costs in Louisville, KY

How house prices moved across 33 Louisville ZIP codes, what buyers here borrowed and paid, what's new and how buying works in Kentucky. Public data, with sources and dates. Past change, not a forecast.

Louisville/Jefferson County, KY-IN metro house prices +2.4% in the year to 2026 Q2 (FHFA, purchases)

7.03% is Freddie Mac's average 30-year fixed rate for the week of Sep 24, 2026, for buyers with 20% down and excellent credit. It isn't an offer or an APR.

How house prices moved in Louisville, 2022–2025

Of 29 ZIPs with enough data, 27 rose 7% or more, 0 fell 7% or more and 0 moved less (no clear change); 2 swung too much from year to year to rank. Past rankings are a weak guide: of the ZIPs in their city's top 3 for 2019–2022, 25 of 134 (about 1 in 5) were top 3 again for 2022–2025; chance alone would give about 21. Past change, not a forecast.

FHFA's experimental ZIP house price index: houses with Fannie Mae or Freddie Mac loans, from sales and refinance appraisals. Condos, co-ops and multi-unit buildings aren't in it. Tap a ZIP to see it on the map.

Largest house-price rises, 2022–2025

3-year change of the ZIP index; ZIPs with an index every year, 5,000+ residents and 1,000+ owner-occupied homes. Left out as too jumpy: a ZIP whose index rose 7% or more in one year and fell as much in another. Each year's change below.

  1. 1ZIP 402112023 +19.3% · 2024 -4.8% · 2025 +25.1%+42.1%
  2. 2ZIP 401182023 +12.0% · 2024 +6.6% · 2025 +12.7%+34.6%
  3. 3ZIP 402722023 +11.5% · 2024 +9.8% · 2025 +1.9%+24.8%
  4. 4ZIP 402582023 +6.9% · 2024 +9.9% · 2025 +5.3%+23.7%
  5. 5ZIP 402162023 +6.5% · 2024 +10.6% · 2025 +3.5%+21.9%

Largest house-price falls, 2022–2025

3-year change of the ZIP index; ZIPs with an index every year, 5,000+ residents and 1,000+ owner-occupied homes. Left out as too jumpy: a ZIP whose index rose 7% or more in one year and fell as much in another. Each year's change below.

No Louisville ZIP's house prices fell 7% or more from 2022 to 2025.

Lowest owner-reported values

Median value owners report (Census ACS 2020–2024). Left out: ZIPs under 1,000 residents, less reliable estimates, and ZIPs where most owners live in condos or co-ops.

  1. 1ZIP 40212± $11K · ≈ $691/mo housing payment (est.) on a house, 20% down$88K
  2. 2ZIP 40210± $8.6K · ≈ $762/mo housing payment (est.) on a house, 20% down$99K
  3. 3ZIP 40211± $13K · ≈ $773/mo housing payment (est.) on a house, 20% down$100K
  4. 4ZIP 40215± $5.6K · ≈ $865/mo housing payment (est.) on a house, 20% down$115K
  5. 5ZIP 40118± $12K · ≈ $1,133/mo housing payment (est.) on a house, 20% down$157K

Population grew most

Residents, 2015–2019 to 2020–2024 (Census ACS): only changes larger than the margin of error, in ZIPs with 1,000+ residents.

  1. 1ZIP 4024539,835 residents+15.4%
  2. 2ZIP 40291 · includes Fern Creek41,222 residents+9.0%

Public loan records · 2025

What buyers here actually borrowed and paid (2025)

2025 home-purchase loans (first liens) on owner-occupied 1–4 unit homes in Louisville's census tracts: 7,076 loans. These are loans that closed in Louisville, not offers: a rate depends on your credit, down payment, points and the day you lock it.

Interest rate, 30-year fixed (conventional)
6.375% to 6.99%Middle half of loans; median 6.625% · 4,501 loans
Loan costs at closing
$3,328 to $5,663Middle half; median $4,159. Origination charges (points included) and settlement services, Closing Disclosure section D · 5,072 loans
Borrowed, every loan on the home combined
95% of the value (median)Middle half 80% to 97%. 70.7% of buyers borrowed more than 80% of the value, 59.1% more than 90%, 44.4% more than 95%. HMDA's combined loan-to-value: every loan on the home (second loans, down-payment-assistance loans and financed FHA or VA fees too) ÷ the value the lender used, so it doesn't show the cash buyers put down · 6,827 loans
Loan types
Conventional 74.1% · FHA 20.5%VA 5.4% · USDA 0%
Discount points
54.3% of loans paid pointsMedian paid: $1,448. Points buy a lower rate.
Loan limits, 2026
$832,750 conformingAbove it, a jumbo loan with its own rates and rules; FHA limit $541,287 (one-unit home, Jefferson County)

For comparison: 7.03% is Freddie Mac's average 30-year fixed rate for the week of Sep 24, 2026, for buyers with 20% down and excellent credit. It isn't an offer or an APR. Source: FFIEC Home Mortgage Disclosure Act (HMDA) data: 2025 Snapshot National Loan-Level Dataset (data as of June 1, 2026), via the CFPB HMDA Data Browser; Homiy's calculations (2025 loans; retrieved 2026-09-27).

Research · dated and sourced

What's new in Louisville

Rail openings, zoning changes and big projects from primary sources, newest first. Stars on the map mark the ones with a location. News, not a price forecast.

  1. Project

    Waterfront Park’s PlayPort opens

    The PlayPort grand opening adds a public amenity in the westward Phase IV expansion. This does not mean every remaining Phase IV component was complete that day.

    Waterfront Development Corporation, PlayPort grand opening
  2. Project

    Airport security-checkpoint expansion begins

    The airport authority starts phased work on the terminal screening area. This is a construction milestone, not a promise of completion or shorter travel times.

    Louisville Regional Airport Authority, checkpoint expansion starts

Metro area · public data

Louisville/Jefferson County, KY-IN

House prices, year to 2026 Q2
+2.4%FHFA purchase-only index
House prices, 5 years to 2026 Q2
+34.1%FHFA purchase-only index
House prices, 2025
+5.1%All sales and refinances, like the ZIP figures; 2022–2025: +17.3%
New homes permitted
3.7 per 1,000 residents5,259 homes · -17.1% vs a year earlier · Sep 2025–Aug 2026
Jobs, 12 months
-0.1%Aug 2026 (preliminary)
Population, July 2020 to July 2025
+2.9%1,402,509 residents in July 2025 (Census estimates)
Mortgage rate benchmark
7.03%Freddie Mac average, week of Sep 24, 2026

7.03% is Freddie Mac's average 30-year fixed rate for the week of Sep 24, 2026, for buyers with 20% down and excellent credit. It isn't an offer or an APR. New homes permitted is a supply signal: more permits per resident usually means more homes coming to market. Jobs, permits and population cover the whole metro.

Natural hazards, compared with other U.S. counties

  • Jefferson County, KY: expected yearly losses rated very high for tornado; expected yearly losses rated relatively high for inland flooding, winter weather.
    Other ratings for Jefferson County, KY
    • EarthquakeRelatively Moderate
    • WildfireVery Low
    • HurricaneVery Low
    • Heat waveRelatively Moderate
    • HailRelatively Moderate

FEMA National Risk Index December 2025: Expected Annual Loss rating of each hazard, by county (NRI December 2025): expected annual losses to buildings, people and agriculture; FEMA's social-vulnerability adjustments aren't included. This describes each county, not this home. Check the address on FEMA's flood map; in a high-risk flood zone, a federally backed loan requires flood insurance.

Sources (7)

Research summary · not legal advice

How buying works in Kentucky

The usual steps, deadlines and closing costs for a purchase in Louisville, from state law, standard contract forms and local custom. Contracts can change any of it. Homiy is a prototype: it isn't a licensed brokerage in Kentucky and offers no services here.

Who runs the closing
A title company runs the closing and holds the money. Typical time from contract to keys: about 35 days.
The contract
Your signed offer becomes a binding contract once the seller accepts it.
Details

Greater Louisville Association of REALTORS residential sales contract / locally approved form

Buyer agreement
Kentucky written buyer brokerage agreement and agency disclosure, signed before touring.
Details

Homiy's prototype requires a written agreement before a represented tour. NAR's rule binds participating MLS brokers; do not describe it as a universal state law. Compensation is negotiable and total brokerage pay cannot exceed the agreement.

Source: NAR: written buyer agreements before touring (MLS participation rule, not a universal state statute) (reviewed 2026-09-27)

Inspection
About 10 days for inspections.
Details

Inspection and financing protections must be written into the accepted contract. 10 calendar days is a negotiable sample planning period, not a statutory deadline.

Earnest money
1–3% of the price, due within 3 days, held by: Named broker or title/attorney escrow.
Details

Sample only: delivery within 3 calendar days and 1–3% earnest money; the signed contract controls. Buyer delivery is distinct from the holder's statutory deposit deadline.

Seller's disclosure
KREC Seller's Disclosure of Property Condition, Form402
Details

KRS324.360 applies to single-family sales involving a compensated licensee. Seller completes at listing; licensee supplies to prospective buyer within 72 hours of receiving the signed written offer. This is a DELIVERY deadline, not a three-day right to rescind. Exempt/unrepresented sales and fraud duties require separate review.

Source: Kentucky KRS §324.360: seller disclosure (reviewed 2026-09-27)

Loan and appraisal
Loan contingency: 21 days (set in the contract).
Details

21-day financing period and the typical closing time are sample planning assumptions, not measured averages or legal rights. Financing and appraisal protection require the signed form/addenda; an appraisal shortfall is not automatically protected.

Title insurance
The buyer customarily pays for the owner's policy.
Details

Payer is a negotiable local custom, not a mandatory charge; obtain a title quote and follow the signed allocation. Filed insurer/rating-bureau rates are not a state-promulgated price. Title companies may handle escrow; legal drafting/advice still requires authorized counsel, not a blanket attorney-attendance requirement.

Property tax for a new owner
Your property tax follows the county's assessed market value. About 1.3% of the price a year is our planning figure for Louisville; your bill can differ.
Details

Use the assessor's current taxable value, assessment ratio and parcel tax district. Price is only a planning proxy; exemptions, revaluations, credits and special assessments are not inherited automatically.

2025 Jefferson PVA Urban Service District illustration: state0.106 + Metro0.118 + USD0.319 + school0.717 =1.26 per$100 assessed value. Outside USD, small cities/fire districts differ; downtown LDMD surcharge excluded. No age/disability exemption assumed; assessor market value may differ from price. HOA range and lender-title percentage are SAMPLE inputs.

Agent credits to the buyer
Kentucky allows an agent to credit part of their pay to the buyer, with the lender's approval.
Details

Kentucky's former rebate ban was removed following the DOJ consent decree. Disclosed transaction-party rebates only, subject to agreement/lender approval; no fee for unlicensed brokerage. Historical primary authority, current operation still needs counsel review.

Source: US DOJ: Kentucky commission rebate ban settlement (2005-07-13 consent decree announcement; no current cash ban identified)

Closing taxes

Closing taxes in Louisville, who customarily pays and the rate
TaxCustomarily paid byRate
Kentucky real estate transfer taxSeller0.1% of the priceKentucky KRS §142.050: real estate transfer tax

Programs and after you buy

Down-payment help
KHC Down Payment Assistance (Kentucky Housing Corporation (KHC))Up to $12,500 toward the down payment and closing costs, as a second loan repaid over 15 years, with a KHC first mortgage.Official page, checked 2026-09-28.Kentucky's housing finance agency runs it; the program decides who qualifies and for how much.
Down-payment help in Louisville
Down Payment Assistance Program (Louisville Metro Government)A partially forgivable loan of up to $30,000 (20% of the loan-to-value) for buyers who don't currently own a home.Official page, checked 2026-09-28.
Homestead exemption
Homestead Exemption (Kentucky Department of Revenue)For homeowners at least 65 or classified as totally disabled; apply with the property valuation administrator (PVA) of the county.Official page, checked 2026-09-28.
If you disagree with your assessment
Online Conference, Documentation, and Appeals (Jefferson County Property Valuation Administrator (PVA))Start with a conference with the PVA (online during the reassessment period); you can then appeal through the Jefferson County Clerk by the deadline on your conference results.When: 2026 online conferences ran April 24–May 18Official page, checked 2026-09-28.
After you buy: alerts on your deed
ClerkAlert (Jefferson County Clerk)A free sign-up that alerts you any time a document is recorded under your name or business name.Official page, checked 2026-09-28.
Sources (7)

Methodology

How we measure, and what it isn't

Past change, not a forecast. These figures describe the past from public data; they don't tell you where prices go next.

House prices by ZIP, and the rankings

FHFA's experimental ZIP house price index: houses with Fannie Mae or Freddie Mac loans, from sales and refinance appraisals. Condos, co-ops and multi-unit buildings aren't in it. It's built from repeat sales and refinance appraisals of the same homes, not average sale prices, and FHFA publishes no margin of error for it. We rank ZIPs by the change over the last 3 years, only where FHFA published the index in every one of them, and only ZIPs with 5,000+ residents and 1,000+ owner-occupied homes. A change smaller than 7% either way is “no clear change”: in our 50 cities, the index's own year-to-year swings suggest sampling alone can move a three-year change about that much. A ZIP whose index rose 7% or more in one year and fell as much in another is left out as too jumpy. We show rises and falls, each year's change, and the city's and metro's figures for the same years. Past rankings are a weak guide: of the ZIPs in their city's top 3 for 2019–2022, 25 of 134 (about 1 in 5) were top 3 again for 2022–2025; chance alone would give about 21. Many ZIPs, especially dense ones, have no index.

City and metro price figures

City: the resident-weighted average of its ZIPs that have an index (the ZIP card says when that's only part of the city). Metro: FHFA's all-transactions index over the same calendar years, the ZIPs' method; the metro card also shows FHFA's purchase-only index for the latest quarter against a year and five years earlier. Where FHFA splits a metro into divisions (New York, Miami, Detroit and others), the division's index, named where it's shown. Jobs, permits and population always cover the whole metro.

Payment ÷ income

Monthly housing payment (est.) on a house at the ZIP's median value: 20% down · 30-year fixed at 7.03% (Freddie Mac average) · 360 monthly loan payments · APR not calculated (it depends on the lender's fees) · includes principal and interest, property tax, home insurance and any HOA dues, plus mortgage insurance below 20% down. Property tax uses Louisville's rule for a new buyer (about 1.3% of the price a year, our planning figure); insurance is a typical premium. Not included: upkeep, utilities, flood insurance, special assessments. Divided by a month of the ZIP's median household income. The Census reports values over $2 million and incomes over $250,000 only as “or more”, so those shares are bounds (“at least”, “at most”). Left out where 50% or more of owner-occupied homes are in buildings with 5+ units: their HOA dues or co-op charges aren't in the payment. It combines two estimates, so no margin is computed. 7.03% is Freddie Mac's average 30-year fixed rate for the week of Sep 24, 2026, for buyers with 20% down and excellent credit. It isn't an offer or an APR.

Census figures and margins of error

American Community Survey 5-year estimates, 2020–2024: the median value owners report for their homes (it lags sale prices; co-op owners report the value of their shares), median rent with utilities, median household income, residents, and the property tax and monthly costs owners report. Each comes with its 90% margin of error (±). Figures whose margin is 20–49% of the estimate are marked “less reliable” and left out of rankings and tags; figures with wider margins aren't shown. A population change (from 2015–2019) is shown only when it passes the Census Bureau's 90% significance test; otherwise it says “no clear change”. Louisville's own figures come from the Census's estimates for the city itself where published; otherwise they blend its ZIPs (no margin computed). Lists leave out ZIPs with fewer than 1,000 residents.

Tags

Lower home values:
The median value owners report is in the lowest quarter of the city's ZIPs (Census ACS). Less reliable estimates and ZIPs where most owners live in condos or co-ops aren't compared.
Population grew:
Residents rose 5% or more between the two latest five-year Census surveys, by more than the margin of error.
Mostly condos or co-ops:
Half or more of owner-occupied homes are in buildings with 5 or more units. Values there leave out HOA dues and co-op charges, so they aren't ranked.
New rail nearby:
A rail station opened within about a mile in 2023–2026.

“New rail nearby” uses our dated news pins: a ZIP whose center is within 1,600 m of a station that opened, plus the ZIP the station sits in. No tag describes price momentum.

Hazards and flood insurance

FEMA's National Risk Index rates each county's expected yearly losses from each hazard against all U.S. counties; we show those Expected Annual Loss ratings for every county the city lies in, without FEMA's social-vulnerability adjustments. They describe counties, not homes. Flood insurance counts are policies and claims in the federal program (NFIP) only. Check an address's flood zone on FEMA's flood map.

What buyers borrowed and paid

Public HMDA loan records: home-purchase first liens on owner-occupied 1–4 unit homes in the city (the card names the area covered), with the number of loans behind each figure. Loans that closed, not offers or quotes.

Neutral by design

We describe prices, payments, population counts, construction and rail lines. We don't describe places by who lives there, schools or crime, and we don't call areas “up-and-coming”, “transitional” or “safe”. Choose where to live for your own reasons.

Sources and dates