Metro area · Sep 2026

Louisville, KY housing market

The typical home in the Louisville, KY metro area is worth $278,562, up 1.5% from a year ago.

Typical rent is $1,339 a month, up 2.0% in a year.

Builders got permits for 3,669 homes from January to August 2026, down 18.9% on the same months of 2025.

The metro area lost a net 2,115 residents to the rest of the U.S. in the year to July 2025.

The FHFA HPI® (all-transactions) for the Louisville, KY metro area is up 3.9% over the year to Q2 2026. Unemployment was 4.1% in August 2026, unchanged from a year earlier. Employers had 712K payroll jobs in September 2026, flat from a year earlier.

Metro area as defined by the Census Bureau: Louisville/Jefferson County, KY-IN, which spans Kentucky and Indiana.

Metro area · Sep 2026

The latest numbers

Typical home value

$278,562

up 1.5% past 12 mo

Median sale price

$276,567

As of Aug 2026

Typical rent

$1,339/mo

up 2.0% past 12 mo

Homes for sale

5,430

Active listings

Days to pending

Median, listing to contract

Permits YTD

3,669

down 18.9% vs same months last year

Population growth

+0.5%

Past year · pop. 1.4M

Net domestic migration

−2,115

Past year, net moves from elsewhere in the US

FHFA home prices

+3.9%

Past year · Q2 2026

FHFA, past 5 years

+40.2%

Q2 2021 to Q2 2026

Unemployment rate

4.1%

0.0 pts vs Aug 2025

Job growth

0.0%

Past year · 712K jobs in Sep 2026

Typical home value, 24 months

5.0%

Oct 2024Sep 2026

Source: Data Provided by Zillow Group; U.S. Census Bureau, Building Permits Survey; U.S. Census Bureau, Population Estimates · As of Sep 2026

Source: FHFA House Price Index® (All-Transactions, not seasonally adjusted); U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics; U.S. Bureau of Labor Statistics, Current Employment Statistics

BLS figures are not seasonally adjusted; retrieved from BLS.gov Oct 27, 2026. This product uses FHFA data but is neither endorsed nor certified by FHFA. BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.

Metro area · Yearly figures

Renters and movers

Fair Market Rent, 2BR

$1,272/mo

FY 2026, with utilities

Rental vacancy rate

6.9%

No significant change vs 2023 (0.0 pts, within the margin of error)

2024 survey · ±1.3 pts

Net movers

−450

People on tax returns filed 2022⁠–⁠23

Income moving in

−$182M

Movers' 2022 adjusted gross income, net

Fair Market Rent.: HUD's rent-plus-utilities benchmark for a modest home in the Louisville, KY-IN HUD Metro FMR Area, set each federal fiscal year (FY 2026 covers Oct 2025 to Sep 2026). HUD uses it to set housing-voucher payment standards, and it trails the market. HUD's FY 2027 rents took effect Oct 1, 2026; they'll appear here once HUD's data service carries them.
Rental vacancy.: Rentals that are empty and for rent, as a share of all rentals, from the Census Bureau's 2024 American Community Survey. A survey estimate, shown with its 90% margin of error; a change smaller than the combined margins is marked not significant.
Movers.: People on tax returns (filers and dependents) who moved in minus those who moved out between the 2022 and 2023 filing seasons, moves within the U.S. only. Income is the movers' adjusted gross income for 2022, from returns filed in 2023. Moves between counties inside the metro area aren't counted. The Census estimate of net domestic migration above covers a different, more recent year.

Source: U.S. Department of Housing and Urban Development, Fair Market Rents; U.S. Census Bureau, "Tenure" (B25003) and "Vacancy Status" (B25004), American Community Survey 1-Year Estimates; IRS Statistics of Income, U.S. Population Migration Data

Fidelis First is not affiliated with or endorsed by the U.S. Department of Housing and Urban Development. Census files accessed Oct 27, 2026. Rental vacancy rates, their margins of error, year-over-year changes and significance tests, and per-resident figures are calculated by Fidelis First from Census Bureau data; the Census Bureau is the source of the original data only. Fidelis First is not affiliated with or endorsed by the Internal Revenue Service.

How it compares

How Louisville, KY ranks

Each measure next to the national figure, and where Louisville, KY places among the 100 largest metros.

Louisville, KY compared with the U.S. and ranked among the 100 largest metros
Measure	Louisville, KY	U.S.	Rank among the 100 largest metros
Typical home valueZillow ZHVI	$278,562	$366,157	76th of 100
Home value changePast 12 months	+1.5%	+1.2%	49th of 100
Typical rentPer month, Zillow ZORI	$1,339	$1,932	94th of 100
Rent changePast 12 months	+2.0%	+2.7%	63rd of 100
Fair Market Rent, 2BRHUD, per month with utilities	$1,272	— (HUD sets no U.S. figure)	86th of 100
Rental vacancy rateCensus ACS; tightest ranks first	6.9%	5.7%	71st of 100
Days to pendingMedian; fastest ranks first	18 days	27 days	35th of 100
Permits per 1,000 residentsHomes authorized, year to date	2.6	2.8	50th of 100
Permit changeSame months a year earlier	−18.9%	+0.1%	83rd of 100
Population growthPast year	+0.5%	+0.5%	53rd of 100
Net domestic migrationPer 1,000 residents, past year	−1.5	—	73rd of 100
Income moving inNet per resident; Fidelis First calculation from IRS and Census data	−$130	— (Not applicable to the U.S.)	62nd of 100
FHFA home price changePast year, FHFA HPI®	+3.9%	+3.0%	31st of 100
FHFA, past 5 yearsFive-year change, FHFA HPI®	+40.2%	+41.3%	58th of 100
Unemployment rateNot seasonally adjusted; lowest ranks first	4.1%	4.3%	42nd of 100
Job growthNonfarm payroll jobs, past 12 months	0.0%	+0.3%	77th of 100

Source: Data Provided by Zillow Group; U.S. Census Bureau, Building Permits Survey; U.S. Census Bureau, Population Estimates · As of Sep 2026

FHFA figures are for Q2 2026. BLS unemployment is for Aug 2026 and jobs for Sep 2026, not seasonally adjusted; the U.S. figures beside them are for the same months. BLS data retrieved from BLS.gov Oct 27, 2026. This product uses FHFA data but is neither endorsed nor certified by FHFA. BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.

Fair Market Rents are HUD's for fiscal year 2026 (FY 2027 rents took effect Oct 1, 2026). Rental vacancy is from the 2024 American Community Survey. Income moving in is movers' net adjusted gross income for 2022 (IRS returns filed in 2023), divided by the latest Census population estimate (July 1, 2025); a Fidelis First calculation. Fidelis First is not affiliated with or endorsed by the U.S. Department of Housing and Urban Development. Rental vacancy rates, their margins of error, year-over-year changes and significance tests, and per-resident figures are calculated by Fidelis First from Census Bureau data; the Census Bureau is the source of the original data only. Fidelis First is not affiliated with or endorsed by the Internal Revenue Service.

Nearby

Around Louisville, KY

The states it spans.

Fund filings

Who's raising money in Kentucky and Indiana

Real estate offerings filed with the SEC on Form D by issuers based in Kentucky and Indiana, Sep 27 – Oct 26, 2026.

All filings

Filings6

Total offered$59.2M

Source: SEC EDGAR, Form D

Follow Louisville, KY every week.

Home values, permits and who is raising money near you, in one free briefing.