40215 — Louisville, KY Home Values
Typical home value $142,048 as of June 2026 · 87th of 91 in Louisville/Jefferson County, KY-IN
Blue: typical home value (Zillow ZHVI) in ZIP code 40215, June 2021 to June 2026. This page shows observed data only; no forecast.
How 40215 compares in the Louisville/Jefferson County, KY-IN area
ZIP code 40215 (Louisville, KY) has a typical home value of $142,048 as of June 2026, ranking 87th of 91 ZIP codes tracked in the Louisville/Jefferson County, KY-IN area, more expensive than about 5% of ZIP codes in the metro. Prices here have moved -2.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +30.6%, from $108,754 in June 2021 to $142,048 in June 2026. Against observed rent, the typical home here sells for 9.7× the annual rent ($1,225/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 40215 has a population of 19,444, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 50.8% White, 33.7% Black or African American, 6.5% two or more races, 5.9% Hispanic or Latino, 2.5% Asian, 0.6% another race, and 0.1% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Jacob Elementary | 3701 East Wheatmore Drive, Louisville, KY | 0.6 mi |
| Frederick Law Olmsted Academy North | 4530 Bellevue Avenue, Louisville, KY | 0.7 mi |
| Hazelwood Elementary | 1325 Bluegrass Avenue, Louisville, KY | 0.7 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 40215?
$142,048 as of June 2026, the latest month Zillow has published observed data for.
Is 40215 an expensive ZIP code in the Louisville/Jefferson County, KY-IN area?
40215 ranks 87th of 91 ZIP codes in the Louisville/Jefferson County, KY-IN area by typical home value, more expensive than about 5% of ZIP codes in the metro.
How much have home values in 40215 changed over the past year?
-2.5% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 40215?
The typical home price is 9.7× the observed annual rent in this ZIP code ($1,225/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 40215?
19,444, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 40215?
Jacob Elementary (0.6 mi), Frederick Law Olmsted Academy North (0.7 mi), Hazelwood Elementary (0.7 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 40215?
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.