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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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Nation Turns Corner, Louisville Foreclosures Still Trailing Behind

Mark Twain popularized this famous quote, “There are three kinds of lies: lies, damned lies, and statistics.” By their very nature, numbers can be manipulated to show many results, even opposing ones, and still be factually accurate.

Photo of a house made of money - Nation Turns Corner, Louisville Foreclosures Still Trailing Behind
Your home may not be made of money but it certainly represents it. Louisville foreclosures are still a big problem in the housing market.
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Home Improvements To Avoid When Selling Your Louisville Home

A basic concept in marketing anything is having an item appeal to the most amount of people possible. This concept also applies to selling your Louisville home. The more appealing it is to the market as a whole, the faster it will sell.

Photo of a Louisville home with a beautiful pool
While a home with a gorgeous pool may strongly appeal to certain house hunters, it won’t to the bulk of Louisville home buyers. | Photo: Tre Pryor
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Louisville Housing Market 7 Year Report, Period End August 2011

“Well surprise, surpise!” -Gomer Pyle

If I’m dating myself with that quote, please forgive me. (Or, if you find my taste in sitcoms uncivilized, I completely agree.)

Louisville Home Sales: 7 Year Monthly Chart for period ending August 2011
August was a good month for both Jefferson and Oldham counties as sales beat both the previous two years.
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