Top 10 Wealthiest Zip Codes in Louisville – #5 Goshen, KY 40026

Each Friday we’ll be counting down the wealthiest ZIP codes in Louisville, Kentucky. Today we’re posting the 5th wealthiest ZIP, 40026, a 30 square mile area in Oldham County, about 10 miles to the northeast of Louisville.

Photo of a home in Goshen, KY 40026
Goshen has a few great, high-end neighborhoods like the one above but it’s mostly wide expanses of grass and trees. Did I mention horse farms?

Average Household Income: $107,711
Average/Median Home Value: $277,365/$217,167
Number of Homes over $1M: 24
Source: BusinessFirstofLouisville.com

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Louisville Real Estate And Retirement Planning, Putting The Two Together

A lot of people may not consider their Louisville real estate when they are planning for retirement. Savings and income are the main focus of retirement planning but real estate can play an important part in the process. (By the way, I know a great Louisville financial planner, if you need one.)

Photo of a senior couple looking at a model of their Louisville dream home
Is building your Louisville dream home part of your retirement plans? Or, would downsizing and traveling the world be more your style?
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Top 10 Wealthiest Zip Codes in Louisville – #6 Louisville, KY 40241

Each Friday we’ll be counting down the wealthiest ZIP codes in Louisville, Kentucky. Today’s is 40241 and it comes in at the #6 wealthiest ZIP in Louisville. You know what else? It’s also my home! The sad part is that our household is likely bringing the average down.

Photo of a home in 40241 ZIP Louisville KY
Lots of great neighborhoods across a fairly wide price range. This shot is of Beech Spring Farm one of Louisville’s newest high-end subdivisions.

Average Household Income: $100,750
Average/Median Home Value: $261,352/$228,316
Number of Homes over $1M: 52
Source: BusinessFirstofLouisville.com

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Top 10 Wealthiest Zip Codes in Louisville – #7 Simpsonville, KY 40067

Each Friday we’ll be counting down the wealthiest ZIP codes in Louisville, Kentucky. Our #7 wealthiest ZIP in Louisville today is 40067, located on the Eastern edge of Louisville. Almost 45 square miles, homes in this area generally have very large lots and a healthy dose of privacy.

Photo of a home in Simpsonville, KY
Wide open spaces mark this ZIP code, very rural living. Simpsonville is part of it but not nearly all.

Average Household Income: $100,027
Average/Median Home Value: $364,949/$228,947
Number of Homes over $1M: 102
Source: BusinessFirstofLouisville.com

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Louisville Needs Better Marketing to Enhance National Reputation

City Livability Awards report cover graphic
Louisville was the top city in the nation for livability in 2008. But just a year later it doesn’t crack the Top 15? Makes you wonder.

Each day my little electronic minions spider across the interwebs to find news items related to Louisville KY, local real estate, and other assorted topics.

They do their job fairly well; quite well when you consider what I’m paying them.

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Top 10 Wealthiest Zip Codes in Louisville – #8 Fisherville, KY 40023

Each Friday we’ll be counting down the wealthiest ZIP codes in Louisville, Kentucky. Today, the 8th wealthiest ZIP code by Average Household Income is 40023 or Fisherville. 40023 is only about 20 square miles. A very rural setting but still in Jefferson County and close to Jeffersontown.

Large lots with a healthy dose of privacy characterize homes in and around Fisherville.

Average Household Income: $99,667
Average/Median Home Value: $317,252/$259,173
Number of Homes over $1M: 23
Source: BusinessFirstofLouisville.com

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Top 10 Wealthiest Zip Codes in Louisville – #9 Crestwood, KY 40014

Each Friday we’ll be counting down the wealthiest ZIP codes in Louisville, Kentucky. Today, the 9th wealthiest ZIP code in Louisville is just outside Jefferson County to the northeast in Oldham County. 40014 is approximately 57 square miles large and has a number of very nice neighborhoods.

Photo of a home in Crestwood KY
Homes like this one in Summerfield by the Lake highlight what amazing properties live in Crestwood.

Average Household Income: $98,119
Average/Median Home Value: $261,421/$230,956
Number of Homes over $1M: 22
Source: BusinessFirstofLouisville.com

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Top 3 Real Estate Myths for Louisville Home Sellers

Note: This is the first of a 3-part series on real estate myths. There are many misconceptions when it comes to buying and selling Louisville real estate that I believe we can correct. If you have more specific questions, feel free to contact me.

Photo of a homes front door
Replacing the front door on a home is still considered the best home improvement to get a greater return than the investment.
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Top 10 Wealthiest Zip Codes in Louisville – #10 Floyds Knobs, IN 47119

Each Friday we’ll be counting down the wealthiest ZIP codes in Louisville, Kentucky. Today,
the 10th wealthiest ZIP code in Louisville isn’t actually in Kentucky, it’s in Indiana. 47119 is approximately 41 square miles, just across the bridge, you know… the broken bridge?

Photo of a home in Floyds Knob IN
This Floyds Knobs home has acres of wide open spaces but is still just minutes from downtown Louisville.

Average Household Income: $94,010
Average/Median Home Value: $241,119/$186,330
Number of Homes over $1M: 36
Source: BusinessFirstofLouisville.com

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Basic Checklist for Buying a Louisville Condo

Here is a very basic checklist that you should use before buying a Louisville condo. This checklist should be put together before looking at any units and making a decision based on emotion instead of logic. By sticking to this checklist you be able to find the perfect condo that you love and meets all of your criteria.

Photo of a high-end kitchen in a condo
Buying a Louisville condo isn’t the same as buying a Louisville single-family home. It’s important to understand the differences.
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10 Years of Louisville Home Sales Tells Us a Great Deal

The health of any real estate market is measured by steady increases in home values along with activity levels that trend upward along with population growth. The same is true for Louisville real estate. Going back 10 years gives us a more historical viewpoint on where we were and where we are now.

Chart of Jefferson County/Louisville Home Sales
Sales activity was steadily rising in Louisville through 2005. For the past four years home sales have been stagnant.
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Does Solar Energy for Your Louisville Home Make Sense?

Despite powerful incentives like historically low mortgage interest rates, a surplus of home inventory, and bargain home prices, the Louisville real estate market remains sluggish. Without a great push in these final three months, there will be fewer homes sold in 2011 than there were in 2010.

Photo of Dan Hofmann in front of a Louisville home with solar panels on the roof
Dan Hofmann, President of RegenEn Solar, stands in front of a great home in The Highlands showing off the new thin film solar solution.
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