Metro area index
Home appreciation in the Louisville/Jefferson County, KY-IN metro area
FHFA HPI® data shows the Louisville/Jefferson County, KY-IN metro area's all-transactions index changed +3.9% over the year to Q2 2026, versus +4.7% for Kentucky and +3.0% for the U.S. That ranks 166th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +3.9%
- 5-year change
- +40.2%
- Since Q1 1995
- +237%
- Metro rank (1 year)
- 166th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Louisville/Jefferson County, KY-IN vs Kentucky and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Louisville/Jefferson County, KY-IN: 336.5
- Kentucky: 338.8
- United States: 391.6
Appreciation by time window
| Window | Metro | KY | U.S. | Gap vs KY | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +3.9% | +4.7% | +3.0% | −0.9 pts | +0.8 pts |
| 3 years | +14.7% | +16.2% | +12.9% | −1.6 pts | +1.8 pts |
| 5 years | +40.2% | +45.9% | +41.3% | −5.6 pts | −1.1 pts |
| 10 years | +87.2% | +91.2% | +93.3% | −4.0 pts | −6.1 pts |
| Since Q1 1995 | +237% | +239% | +292% | −2.3 pts | −55.1 pts |
3-digit ZIP regions in the Louisville/Jefferson County, KY-IN area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 402 · Louisville/Jefferson County, KY area | KY | +4.1% | +38.2% | +234% | 100% |
| 471 · Jeffersonville, IN area | IN | +5.0% | +45.3% | +246% | 87% |
| 400 · Shelbyville, KY area | KY | +0.6% | +42.5% | +238% | 84% |
| 401 · Radcliff, KY area | KY | +0.2% | +38.8% | +244% | 55% |
Boom, bust, and recovery in Louisville/Jefferson County, KY-IN area
Louisville/Jefferson County, KY-IN area's index peaked in Q1 2008, fell 5.9% to its low in Q2 2011, and regained its peak in Q1 2015, about 7 years after the top. Today it sits +98.8% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q1 2008 | Q2 2011 | -5.9% | Q1 2015 (7 yrs) | +98.8% |
| KY | Q1 2008 | Q2 2011 | -4.4% | Q1 2015 (7 yrs) | +102% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Louisville/Jefferson County, KY-IN area's index has changed +52.0% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | KY after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -0.0% | +0.8% | -0.8% |
| 3 years | +9.8% | +4.4% | +5.8% | +2.8% |
| 5 years | +24.0% | +13.0% | +17.6% | +13.9% |
| 10 years | +39.1% | +34.6% | +37.5% | +39.0% |
| Since Q1 1995 | +121% | +52.0% | +53.0% | +76.8% |
If you bought in the Louisville/Jefferson County, KY-IN area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +232% | $994,679 |
| Q2 2000 | +162% | $785,053 |
| Q2 2005 | +112% | $635,225 |
| Q2 2010 | +108% | $623,572 |
| Q2 2015 | +94.3% | $582,987 |
| Q2 2020 | +55.4% | $466,088 |
| Q2 2021 | +40.2% | $420,625 |
| Q2 2023 | +14.7% | $343,987 |
| Q2 2025 | +3.8% | $311,545 |
Frequently asked questions
- How much have home prices risen in the Louisville/Jefferson County, KY-IN area?
- FHFA HPI® data for the Louisville/Jefferson County, KY-IN metro area shows changes of +3.9% over one year, +40.2% over five years, and +87.2% over ten years to Q2 2026, and +237% since Q1 1995.
- Is the Louisville/Jefferson County, KY-IN area beating the national average?
- Over the past year the metro's index moved +0.8 pts versus the U.S.; over five years the gap is −1.1 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.