FHFA quarterly index through 2026 Q2Annual index 1975–2025Permits through August 2026
Louisville/Jefferson County (100 = first year)United States, rebased to the same startNBER recession
FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. The line above is FHFA's standard quarterly all-transactions index for the metropolitan area; the comparison table below uses FHFA's annual CBSA index, which FHFA describes as developmental. The index does not give a dollar value for any home.
Louisville/Jefferson County, KY-IN is a metropolitan statistical area of 12 counties and about 1,403,000 residents. FHFA's annual index for it begins in 1975 and has risen +716.2% through 2025.
The standard quarterly index for the area, published through 2026 Q2, is +3.8% on a year earlier and +1.7% on the previous quarter.
Over the ten years to 2025 the annual index rose +82.0% (+6.2% a year), close to Kentucky at +84.1% and close to the national +85.0%.
From a 2008 peak the index fell −5.6% to 2012, regaining the peak in 2015.
Across its counties, 5,215 housing units were authorised in the 12 months to August 2026, 3.7 per 1,000 residents, −19.7% on the previous 12 months.
+3.8%year to 2026 Q2, quarterly indexUS +3.0%
+3.9%1 year, 2024–2025US +2.8%
+45.7%5 yearsUS +47.0%
+82.0%10 years+6.2% a year annualised
+133.0%since 2000US +158.3%
5,215units permitted, 12 months3.7 per 1,000 residents
FHFA annual all-transactions indexes over identical years. The state column is Kentucky, the first state in the area's name.
Decade by decade
Decade
Change
United States
1980s (1980–1990)
+43.1%
+68.2%
1990s (1990–2000)
+58.7%
+33.9%
2000s (2000–2010)
+21.6%
+29.7%
2010s (2010–2020)
+31.6%
+35.5%
2020s so far (2020–2025)
+45.7%
+47.0%
FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1975 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1975 are not shown.
Peak-to-low declines
Peak
Low
Decline
Peak regained
2008
2012
−5.6%
2015
Building permits across the area
Housing units authorised in the area's 12 counties (OMB July 2023 delineations), summed from county files.
Housing units authorised in the Louisville/Jefferson County, KY-IN area by month, latest 12 monthssingle-family2+ unit buildings
Housing units authorised in the Louisville/Jefferson County, KY-IN area by month, latest 60 monthssingle-family2+ unit buildings
Housing units authorised in the Louisville/Jefferson County, KY-IN area by year, 1995–2025single-family2+ unit buildings
Permits, 12 months to August 2026
This area
Kentucky
United States
Housing units authorised
5,215
13,410
1,418,086
Units per 1,000 residents
3.7
2.9
4.1
Single-family share
67%
64%
63%
Change on previous 12 months
−19.7%
−7.1%
−0.1%
Counties in the area
Ranked by ten-year change in FHFA's county index to 2025; permits are the latest 12 months.
How much have home values in the Louisville/Jefferson County, KY-IN area risen over 10 years?
The FHFA annual index rose +82.0% between 2015 and 2025, about +6.2% a year. Over 20 years: +94.1%; since 2000: +133.0%. The quarterly index is +3.8% on a year earlier as of 2026 Q2.
Which counties in the Louisville/Jefferson County, KY-IN area rose most?
By ten-year change to 2025: Washington County (+98.9%), Nelson County (+97.3%) and Floyd County (+96.0%).
What happened to Louisville/Jefferson County, KY-IN prices after 2007?
The index peaked in 2008, fell −5.6% to 2012 and regained the peak in 2015. Nationally: −21.3% from 2007 to 2012.
How many homes are being built in the Louisville/Jefferson County, KY-IN area?
5,215 housing units were authorised across the area's counties in the 12 months to August 2026, 67% of them single-family, 3.7 per 1,000 residents.
Where does this data come from?
FHFA's annual CBSA house price index (developmental, updated March 31, 2026) and its standard quarterly metropolitan index; Census Bureau building permits summed over member counties (OMB July 2023 delineations) through August 2026; vintage 2025 population estimates.
Provenance
Index: Federal Housing Finance Agency, annual house price index for core based statistical areas (all-transactions, developmental), last updated March 31, 2026, values 1975–2025; quarterly metropolitan area index (all-transactions) through 2026 Q2. Permits: Census Bureau Building Permits Survey county files through August 2026, summed over member counties from OMB's July 2023 delineations. Population: Census Bureau vintage 2025 estimates. Public domain. Corrections · FHFA HPI datasets.