40023 — Louisville, KY Home Values
Typical home value $552,580 as of June 2026 · 2nd of 91 in Louisville/Jefferson County, KY-IN
Blue: typical home value (Zillow ZHVI) in ZIP code 40023, June 2021 to June 2026. This page shows observed data only; no forecast.
How 40023 compares in the Louisville/Jefferson County, KY-IN area
ZIP code 40023 (Louisville, KY) has a typical home value of $552,580 as of June 2026, ranking 2nd of 91 ZIP codes tracked in the Louisville/Jefferson County, KY-IN area, more expensive than about 99% of ZIP codes in the metro. Prices here have moved +2.1% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +23.0%, from $449,323 in June 2021 to $552,580 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Louisville/Jefferson County, KY-IN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Louisville/Jefferson County.
Population and demographics
ZIP code 40023 has a population of 6,484, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 94.5% White, 2.8% Asian, 2% Hispanic or Latino, 0.4% another race, and 0.2% two or more races.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Echo Trail Middle School | 2604 Echo Trail, Louisville, KY | 3.8 mi |
| Simpsonville Elementary | 6725 Shelbyville Rd, Simpsonville, KY | 6 mi |
| Farmer Elementary | 6405 Gellhaus Ln, Louisville, KY | 6.7 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 40023?
$552,580 as of June 2026, the latest month Zillow has published observed data for.
Is 40023 an expensive ZIP code in the Louisville/Jefferson County, KY-IN area?
40023 ranks 2nd of 91 ZIP codes in the Louisville/Jefferson County, KY-IN area by typical home value, more expensive than about 99% of ZIP codes in the metro.
How much have home values in 40023 changed over the past year?
+2.1% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 40023?
6,484, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 40023?
Echo Trail Middle School (3.8 mi), Simpsonville Elementary (6 mi), Farmer Elementary (6.7 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 40023?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Louisville/Jefferson County, KY-IN forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.