ZIP Code Market Report · Updated May 2026
Is 40201 a Buyer's
or Seller's Market?
📍 Louisville, Kentucky · KY
66
🟡 WARM
Balanced market
28 days avg on market · Tax rate: 1.01%/yr
Mortgage Breakdown — 40201
Median Price$270,000
20% Down$54,000
Loan Amount$216,000
Rate (~6.7%)$1,393/mo P&I
Property Tax$227/mo
Total PITI$1,732/mo
Income Needed$57,733/yr
Educational purposes only. Market data is estimated. Not financial advice. Always verify with a licensed professional.
The other half of the answer
Prices tell you what a house costs here. They do not tell you whether a lender will approve the loan — and that varies more than almost anyone realises.
21.4%
of FHA applications denied statewide in KY, 2025 · national 22.1%
CFPB HMDA 2025, computed by FinanceRateCalc. Covers the highest-volume lenders published for this market, not all lenders. Rates reflect applicant mix as well as lender practice — historical observations, not predictions. CC BY 4.0, not independently reproduced.
The Denial Dispatch
One finding a week from the federal mortgage record.
One chart, three paragraphs, every Saturday. Measured, not assumed.
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