The Highlands Is Two Markets Sharing One Name, and the ZIP Code Tells You Which One You Are In

What are homes selling for in The Highlands?

The median sale price in The Highlands is $356,000, -1.1% year over year.

Median sale price

$356,000

Source: GLAR, closed residential, 2025-10-11 to 2026-10-11; computed 2026-10-11

Year-over-year change

-1.1%

Source: GLAR, closed residential, 2025-10-11 to 2026-10-11; computed 2026-10-11

Average days to contract

54 days

Source: GLAR published market statistics, cumulative days on market, trailing twelve months to September 2026.

Months of inventory

3.54

Source: GLAR, closed residential, 2025-10-11 to 2026-10-11; computed 2026-10-11

Sold-to-list price

98.0%

Source: GLAR, closed residential, 2025-10-11 to 2026-10-11; computed 2026-10-11

Active listings

149

Source: GLAR, closed residential, 2025-10-11 to 2026-10-11; computed 2026-10-11

Homes sold, last 12 months

505

Source: GLAR, closed residential, 2025-10-11 to 2026-10-11; computed 2026-10-11

The neighborhood-wide figures above cover both ZIP codes. Split out, 40205 runs well ahead of 40204 on price while the two are level on time to contract. Price separates the two halves. Time on market does not separate them at all.

What is for sale in The Highlands right now?

Active

$350,000

2105 Maryland Ave, Louisville, KY 40205

Louisville, KY 40205

2 beds · 1 bath · 1,349 sq ft

MLS #1733467

Listed by 1 Percent Lists Purple Door

Active

$330,000

2325 Broadmeade Rd 2, Louisville, KY 40205

Louisville, KY 40205

3 beds · 2 baths · 1,451 sq ft

MLS #1733309

Listed by simpler.realestate

Active

$475,000

1908 Alfresco Pl, Louisville, KY 40205

Louisville, KY 40205

5 beds · 2 baths · 2,186 sq ft

MLS #1733383

Listed by Real Broker, LLC

Active Under Contract

$425,000

2006 Winston Ave, Louisville, KY 40205

Louisville, KY 40205

3 beds · 2 baths · 2,154 sq ft

MLS #1733352

Listed by simpler.realestate

Active

$574,900

3015 Hayfield Dr, Louisville, KY 40205

Louisville, KY 40205

3 beds · 4 baths · 2,863 sq ft

MLS #1733197

Listed by BERKSHIRE HATHAWAY HomeServices, Parks & Weisberg Realtors

Active

$99,950

1935 Gardiner Ln G102, Louisville, KY 40205

Louisville, KY 40205

1 bed · 1 bath · 615 sq ft

MLS #1733196

Listed by Segrest Flaherty Realtors LLC

See all homes for sale in ZIPs 40204 and 40205

Who lives in The Highlands?

The Highlands is a neighborhood name spanning two ZIP codes, so there is no single census figure for it. ZIP 40204: population 14,034, median age 39.0, median household income $71,116. ZIP 40205: population 24,664, median age 42.7, median household income $99,966. The gap between the two ZIPs in the census data mirrors the gap in their sale prices.

Source: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates, ZIP Code Tabulation Area.

How long does it take to sell a home in The Highlands?

Homes in The Highlands go under contract in an average of 54 days. Going under contract is only half the timeline; figure roughly 12 weeks in The Highlands from listing to keys.

That is an average, so a handful of homes that sat for months pulls it upward. Most homes in The Highlands go under contract faster than that figure suggests.

Across every price range on both sides of the river, closing takes about another month after the contract is signed — that interval is set by lender underwriting and title work, not by the neighborhood.

Are sellers getting their asking price in The Highlands?

Homes in The Highlands sell at 98.0% of list price.

Should I sell my home in The Highlands now?

Yes — conditions in The Highlands currently favor sellers. Homes in The Highlands are selling at 98.0% of list price in an average of 54 days, with 3.54 months of inventory — under the six-month line that separates a seller's market from a buyer's. Call 859.684.9995 and Alexandria will price your home against what has actually closed nearby, not a website estimate.

Is now a good time to buy in The Highlands?

Buyers have little leverage in The Highlands right now — inventory is tight. The Highlands has 3.54 months of inventory, with 149 active listings and 505 homes sold in the last twelve months.

Call 859.684.9995 and Alexandria will walk through what those numbers mean for your specific price range and timeline.

Where exactly is The Highlands?

The Highlands is a neighborhood name covering two ZIP codes, 40204 and 40205, southeast of downtown Louisville along Bardstown Road and Baxter Avenue.

The Highlands runs southeast from downtown Louisville along the Bardstown Road and Baxter Avenue corridor, across two ZIP codes. The 40204 end sits closer to downtown; 40205 continues southeast past Cherokee Park. The MLS records sales here under at least five different subdivision names, which is part of why listing sites describe the area inconsistently.

What is The Highlands actually like?

The single most useful fact about the Highlands is that it is not one market. Over the last twelve months homes in 40205 sold for substantially more than homes in 40204 — a wide gap inside one neighborhood name. The two halves have also been moving in opposite directions against the previous twelve months, 40204 down and 40205 up. The neighborhood-wide figure sits between them and describes neither half.

Speed is the exception. The two ZIP codes go under contract at effectively the same pace. Across both, the Highlands sold at 98.0% of asking price, in line with the Louisville-wide norm. Price splits this neighborhood. Pace does not.

If you are pricing a home here, the ZIP code matters more than the neighborhood name.

What schools serve The Highlands?

The Highlands is in Jefferson County, served by Jefferson County Public Schools. JCPS uses a school-choice system rather than strict address-based zoning: your address identifies a school that serves it, and families apply during an annual window that also includes magnet and optional programs. Use the district's SchoolFinder to see the options for a specific address.

JCPS SchoolFinder