Median home value in zip code 40229 (Louisville, KY) is $248,471, up 1.9% year over year. Part of the Louisville/Jefferson County, KY-IN metropolitan area.

Home Value$248,471

YoY Change

+1.9%

Prices rising — worse for buyers.

Affordability

Enter your income for 40229 (Louisville).

Income (annual)

Down Payment

$49,694 on $248,471

Example: $75,000 household income. Change it above to see your own.

Affordable25.6% of income

Under the 28% guideline.

PITI$1,601

P/I25.6%

Afford$272K

Room+$23K

P&I $1,256Tax $178Ins $167

6.50% 30yr, 20% down, county tax + KY ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

40229 is part of the Louisville/Jefferson County, KY-IN metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Louisville/Jefferson County, KY-IN analysis

Want deeper metro-level analysis?Stress scores, crash risk, 12-month forecasts, and early warning signals for 195 US metros.

Try Free

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.