How much is a home worth in ZIP code 40258?

The typical home in 40258 is worth $228,253, based on the Zillow Home Value Index.

Are home values rising in 40258?

Home values in 40258 are up 3.0% over the past year, and up 5.4% a year over five years.

What is the typical rent in 40258?

A typical home in 40258 rents for about $1,529 a month, a gross rental yield of 8.0%.

What is the property tax rate in 40258?

The effective property tax rate in 40258 is 0.9% — roughly $1,946 a year on a typical home.

ZIP code 40258 has a population of 26,841 and a median household income of $68,162.

HousingHandbookReference data

…

U.S. ZIP Code · KY40258

Jefferson County · Louisville/Jefferson County, KY-IN

Typical home value

$228,253^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.0%
5-year / yr: +5.4%
10-year / yr: +6.8%

Relative price

vs U.S.: -19.6%
vs metro: -15.2%
vs state: +37.4%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 40258 is worth $228,253 — 15.2% below the Louisville/Jefferson County, KY-IN median. Over the past year, values have risen 3.0%. Homes here rent for a typical $1,529 a month — a 8.0% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,529^[2]
Gross yield: 8.0%^[2]
Cap rate: 4.8%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.9%^[3]
Typical annual tax: $1,946^[3]

#Climate risk

FEMA National Risk Index ratings for Jefferson County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Very Low
Heat wave: Relatively High
Hurricane: Very Low
Tornado: Very High
Earthquake: Relatively Moderate
Winter weather: Relatively High

#Who lives here

Population: 26,841^[3]
Median household income: $68,162^[3]

#Migration

Household moves in and out of Jefferson County over a year, from IRS tax-return data.

Net migration: -1,585^[5]
Moved in: 15,433
Moved out: 17,018

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 6
Elementary: 4
Middle: 1
High: 1

Pleasure Ridge Park High
High · Grades 9–12 · Jefferson County
1,615 students
Conway Middle
Middle · Grades 6–8 · Jefferson County
609 students
Eisenhower Elementary
Elementary · Grades K–5 · Jefferson County
596 students
Greenwood Elementary
Elementary · Grades K–5 · Jefferson County
444 students
Sanders Elementary
Elementary · Grades K–5 · Jefferson County
435 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield8.0%

Net yield (after ~40% expenses)4.8%

Annual rent$18,343

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,154

Loan principal$182,602

Down payment$45,651

Total interest paid$232,899

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.99

Monthly cost to own$1,506

Monthly rent$1,529

Owning and renting are roughly even.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 48th percentile^[1]
Rental yield: 82nd percentile^[2]
Property tax: 76th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 40258?: The typical home in 40258 is worth $228,253, based on the Zillow Home Value Index.
Are home values rising in 40258?: Home values in 40258 are up 3.0% over the past year, and up 5.4% a year over five years.
What is the typical rent in 40258?: A typical home in 40258 rents for about $1,529 a month, a gross rental yield of 8.0%.
What is the property tax rate in 40258?: The effective property tax rate in 40258 is 0.9% — roughly $1,946 a year on a typical home.
Who lives in 40258?: ZIP code 40258 has a population of 26,841 and a median household income of $68,162.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

40011 vs 40258 →
Campbellsburg, KY
Typical home
$228,112
Gross yield
—
47120 vs 40258 →
Fredericksburg CDP, IN
Typical home
$229,202
Gross yield
—
47162
New Washington CDP, IN
Typical home
$229,644
Gross yield
—
47115
Milltown, IN
Typical home
$224,302
Gross yield
—
40019
Eminence, KY
Typical home
$232,298
Gross yield
—
40272
Louisville/Jefferson County metro government (balance), KY
Typical home
$223,921
Gross yield
7.4%

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Pit ZIP 40258 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · KY40258

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