The Highlands of Louisville, KY (40204 and 40205) represents two of the hottest real estate zip codes nationwide, according to a recent assessment by Realtor.com. Having an experienced real estate agent working for you is essential in this competitive market, where listings are viewed three times the average U.S. listing and homes often move on and off the market all within the same month.
Though The Highlands is one of the oldest neighborhoods in Louisville dating back to the Civil War period, it has become a gentrifying powerhouse since the 1960s and now enjoys a reputation as “Little Portland” or “Louisville’s version of San Francisco’s Haight-Ashbury.” You’ll find a friendly, welcoming atmosphere that’s easy to love down on Bardstown Road, as you shop at antique stores, clothing and consignment shops, art galleries, gift boutiques, jewelers and pop culture staples. The demand for real estate in The Highlands has much to do with the confluence of proximity to this funky Bardstown Road vibe and the extremely close proximity to downtown Louisville (7 minutes).
Some residents prefer to spend their time down along “The Strip” business sector or “Restaurant Row,” while others retreat to the soothing Cherokee Park, designed by Frederick Law Olmsted and very much akin to New York City’s Central Park. The Kentucky Derby is an exciting time to live in The Highlands, with Churchill Downs located just 3.4 miles away and celebrities flooding town for high-profile parties. Restaurants along the Cherokee Triangle, several blocks of Baxter Avenue and Bardstown Road offer every type of international cuisine and local fare imaginable.
Despite the high traffic in the commercial section of The Highlands, you’ll find the residential streets to be ideal neighborhoods for families with low traffic volume, manicured lawns and gardens. Best of all, many homes are more affordable than than the highest priced grand estates that can also be found in these zip codes, and the cost of living is just 1 percent higher than the rest of Louisville, despite all the area amenities!
The Highlands attracts young single professionals in the sections closest to downtown who are drawn to the bars, clubs, restaurants, shops and entertainment venues. When seeking Louisville real estate offering effortless commutes, it’s hard to beat The Highlands. Big names like Ford Motor Company, GE Appliances, YUM! Brands and Hiliard Lyons are a 5-15 minute drive away. Over 11,000 people live and work right in The Highlands for health care, professional, food services, retail or finance employers.
Families prefer the outskirts of The Highlands and executives choose their opulent manors along Spring Drive, where the homes cost upward of a million dollars. The average age of residents is 41, with seniors comprising 15 percent of homeowners and renters in the area. More than half of the residents are married and a third of the couples in The Highlands have children under 18 living with them. Local Jefferson County schools include: Hawthorne Elementary, Highland Middle School and Atherton High School.
Generally speaking, the The Highlands is one of those strange places that attracts hipsters, artists, students, teachers, lawyers and doctors alike. The largest income bracket is $75,000 to $100,000 per year, but the median income is $69,120. Many newcomers gravitate toward this central hub of activity, which seems to represent all the best Louisville has to offer.