Market Report · Updated May 2026
Louisville Cash Home Buyer Report — May 2026
We ranked every Louisville ZIP code in our buy-box by gross rental yield. The table below shows the 23 highest-yield ZIPs — these are the markets where Oxbow is most actively making cash offers right now.
Louisville Snapshot
Across 23 Louisville ZIP codes, home values range from $138,477 to $319,422. The average gross rental yield (annual rent ÷ home value) is 7.1%, which is the key metric we use to identify cash-friendly markets — higher yield means a stronger investor exit, which means we can pay more for your home.
Top 23 Louisville ZIPs by Yield
Ranked by gross rental yield (annual rent ÷ median home value). All data sourced from Zillow Research (ZHVI + ZORI), May 2026. Click any ZIP to get a cash offer on a property there.
| Rank | ZIP | City | Median Value | Median Rent | Gross Yield | |
|---|---|---|---|---|---|---|
| 1 | 40215 | Louisville, KY | $138,477 | $1,257/mo | 10.9% | Cash offer → |
| 2 | 40208 | Louisville, KY | $138,992 | $1,128/mo | 9.7% | Cash offer → |
| 3 | 40203 | Louisville, KY | $154,651 | $1,078/mo | 8.4% | Cash offer → |
| 4 | 40213 | Louisville, KY | $210,906 | $1,474/mo | 8.4% | Cash offer → |
| 5 | 40258 | Louisville, KY | $225,173 | $1,495/mo | 8% | Cash offer → |
| 6 | 40228 | Louisville, KY | $289,291 | $1,857/mo | 7.7% | Cash offer → |
| 7 | 40219 | Louisville, KY | $234,597 | $1,470/mo | 7.5% | Cash offer → |
| 8 | 40272 | Louisville, KY | $218,901 | $1,352/mo | 7.4% | Cash offer → |
| 9 | 40217 | Louisville, KY | $237,225 | $1,469/mo | 7.4% | Cash offer → |
| 10 | 40229 | Louisville, KY | $251,801 | $1,531/mo | 7.3% | Cash offer → |
| 11 | 40165 | Shepherdsville, KY | $299,549 | $1,814/mo | 7.3% | Cash offer → |
| 12 | 47129 | Clarksville, IN | $205,144 | $1,204/mo | 7% | Cash offer → |
| 13 | 40291 | Louisville, KY | $319,422 | $1,827/mo | 6.9% | Cash offer → |
| 14 | 40216 | Louisville, KY | $205,990 | $1,171/mo | 6.8% | Cash offer → |
| 15 | 40214 | Louisville, KY | $219,081 | $1,161/mo | 6.4% | Cash offer → |
| 16 | 47130 | Jeffersonville, IN | $254,585 | $1,353/mo | 6.4% | Cash offer → |
| 17 | 47150 | New Albany, IN | $232,497 | $1,206/mo | 6.2% | Cash offer → |
| 18 | 40218 | Louisville, KY | $231,180 | $1,197/mo | 6.2% | Cash offer → |
| 19 | 40065 | Shelbyville, KY | $306,933 | $1,480/mo | 5.8% | Cash offer → |
| 20 | 40204 | Louisville, KY | $285,948 | $1,373/mo | 5.8% | Cash offer → |
| 21 | 47111 | Charlestown, IN | $302,893 | $1,406/mo | 5.6% | Cash offer → |
| 22 | 40220 | Louisville, KY | $298,450 | $1,363/mo | 5.5% | Cash offer → |
| 23 | 47172 | Sellersburg, IN | $301,319 | $1,282/mo | 5.1% | Cash offer → |
How We Use This Data
At Oxbow Home Solutions, we make cash offers in markets where the math works for both sides. A higher gross rental yield means investors — our typical exit buyers — can hit their target return at a higher acquisition price. That lets us pay more for your home than we could in a low-yield market.
This report is part of our free seller resources. It updates monthly from public Zillow Research data, so the numbers stay current. If you own a home in any of the ZIPs listed above, we are actively buying — request a cash offer and we will respond within 24 hours.
Sources & Methodology
- Home values: Zillow Home Value Index (ZHVI), single-family residential, mid-tier (0.33-0.67), seasonally adjusted, smoothed. zillow.com/research/data/
- Rents: Zillow Observed Rent Index (ZORI), single-family + condo + multi-family blend, seasonally adjusted, smoothed.
- Filter: ZIP must have median home value in our buy-box range and median rent of $1,000+/month.
- Yield calculation: (Median rent × 12) ÷ Median home value. Gross yield, before taxes/insurance/maintenance.
- Updated: May 2026. We regenerate this report whenever Zillow ships their monthly data refresh (typically the 16th of each month).
Own a home in Louisville?
Get a fair cash offer in 24 hours. No repairs, no commissions, no fees.