Home Values

40211 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$58,100

  • 2.7% 1-year change
  • 4.1% 1-year forecast

The median home value in 40211 is $58,100. 40211 home values have gone up 2.7% over the past year and Zillow predicts they will rise 4.1% within the next year. The median list price per square foot in 40211 is None. The median rent price in 40211 is $650, which is lower than the Louisville median of $799.

Foreclosures will be a factor impacting home values in the next several years. In 40211 0.8 homes are foreclosed (per 10,000). This is greater than the Louisville value of 0.1 and also lower than the national value of 3.9

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 40211 homeowners underwater on their mortgage is 27.1%, which is higher than Louisville at 17.1%.

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Relative ZHVI
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40211 Market Overview

Data through Apr 30, 2015
  • $58,100 ZHVI
  • 4.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • No recent data Median sale price
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40211 Market Health

Data through Apr 30, 2015
  • No recent data Stable
  • No data Average days on Zillow
  • 27.1% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)
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Nearby Zip Codes

Name Median ZHVI
40202 $220,200
47150 $109,400
40216 $93,100
Name Median ZHVI
40203 $71,500
40208 $64,200
40215 $60,000

Listings & Sales

  • No data
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40211 Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $780 40211
    $881 Louisville
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $650 Rent list price
  • $0.58 Rent list price / sq ft
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