40203 — Louisville, KY Home Values
Typical home value $146,822 as of July 2026 · 85th of 91 in Louisville/Jefferson County, KY-IN
Blue: typical home value (Zillow ZHVI) in ZIP code 40203, July 2021 to July 2026. This page shows observed data only; no forecast.
How 40203 compares in the Louisville/Jefferson County, KY-IN area
ZIP code 40203 (Louisville, KY) has a typical home value of $146,822 as of July 2026, ranking 85th of 91 ZIP codes tracked in the Louisville/Jefferson County, KY-IN area, more expensive than about 8% of ZIP codes in the metro. Prices here have moved -0.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +24.0%, from $118,451 in July 2021 to $146,822 in July 2026. Against observed rent, the typical home here sells for 11.9× the annual rent ($1,030/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
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 40203 has a population of 17,540, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 50.2% Black or African American, 43.9% White, 3.1% two or more races, 2.1% Hispanic or Latino, 0.5% Asian, 0.1% American Indian or Alaska Native, and 0.1% Native Hawaiian or Pacific Islander.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Jefferson Technical College | 727 West Chestnut, Louisville, KY | 0.2 mi |
| Kentucky TECH - Jefferson Campus | 727 West Chestnut St, Louisville, KY | 0.2 mi |
| Jefferson Regional Juvenile Detention Ce | 8711 LaGrange Rd Building D, Louisville, KY | 0.2 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 40203?
$146,822 as of July 2026, the latest month Zillow has published observed data for.
Is 40203 an expensive ZIP code in the Louisville/Jefferson County, KY-IN area?
40203 ranks 85th of 91 ZIP codes in the Louisville/Jefferson County, KY-IN area by typical home value, more expensive than about 8% of ZIP codes in the metro.
How much have home values in 40203 changed over the past year?
-0.4% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 40203?
The typical home price is 11.9× the observed annual rent in this ZIP code ($1,030/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 40203?
17,540, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 40203?
Jefferson Technical College (0.2 mi), Kentucky TECH - Jefferson Campus (0.2 mi), Jefferson Regional Juvenile Detention Ce (0.2 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 40203?
No. Every number on this page is observed Zillow data as of July 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.