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40118, Fairdale, KY Housing Market

Hyperlocal market intelligence for ZIP code 40118 in KY. Located in Jefferson County, KY. Part of the Louisville/Jefferson County, KY metro area.

PropertyIQ Score

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40118, Fairdale, KY market data

PropertyIQ Score 41F
Median Price
$213K
Rent (ZORI)
$1K
Median DOM
65 days
YoY
+8.4%
What drives the score
Home value YoY: +8.4%3-mo momentum: +0.1%Days on market: 65 daysPrice-reduced share: +11.4%
Data through Jun 2026 · Source: Zillow, Realtor.com

40118, Fairdale, KY Housing Market Overview

ZIP code 40118's median home value is $213K, up 8.4% over the past year. Homes here sell in a median 65 days. Its PropertyIQ Score of 41 sits modestly below the state average of 50.

40118, Fairdale, KY is one of nearly 20,000 U.S. ZIP codes that PropertyIQ analyzes with AI-powered demand signal scoring. ZIP-level analysis provides the most hyperlocal view of housing market dynamics available, measuring how demand within 40118 compares to the KY state average and identifying outperformance potential before it appears in price data.

Southeastern ZIP codes combine affordability with economic diversification across manufacturing, logistics, and services sectors. ZIP-level PropertyIQ scores reveal which specific neighborhoods within this fast-growing region are positioned to outperform their state peers in home price appreciation. Within the Southeast, ZIP code 40118's PropertyIQ Score of 41 runs below the Southeast norm.

PropertyIQ distills four housing signals into a single 1 to 99 score for 40118, Fairdale, KY at the most granular geography available: Zillow twelve-month and three-month home-value momentum, Realtor.com median days on market, and the Realtor.com price-reduced share. It is not a generic market-health grade; it is a validated predictor of which ZIP codes are positioned to outperform their state. The ZIP-level view often tells a different story than the broader county or metro score.

View 40118, Fairdale, KY's PropertyIQ Score and compare it against other ZIP codes in the state. Generate a free AI market report for this ZIP code or explore historical trends on the interactive map to understand how this micro-market has evolved.

40118, Fairdale, KY is located in Jefferson County, KY.

This ZIP code is part of the Louisville/Jefferson County, KY metro area.

Market data through June 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.