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Housing in Richlawn

A typical Richlawn home is worth roughly $414,000

The median sale price was $478,000 in May 2026.

Typical home value
$414K
▲ 2.9% in a year · KY $206K
Estimate
Median sale price
$478K
May 2026 · Redfin
Homes sold
1
in May · 3 for sale
2-bedroom rent
$1,570
a month, utilities in · HUD
Median tax bill
$3,290
KY $1,544

Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.

What kind of housing town is Richlawn?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Richlawn

Try your own numbers below.

You could afford about
$254,000
Typical Richlawn home $414K

That’s $160K short of a typical Richlawn home.

The typical home, each month
$2,430
Loan $2,050Tax $260Insurance $120

A two-bedroom rents for about $1,570 a month here, $860 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Kentucky typical property tax (0.75% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

90% of Richlawn households own their home

Half of Richlawn’s homes were built before 1948.

Owners and renters
Own 90%Rent 10%

Kentucky: 68% own.

1948
typical home built · KY 1982
$3,290
median property tax bill · KY $1,544

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Price trend

Home prices up 33% in 5 years

The federal house price index for the ZIP code around Richlawn rose 33% over the past 5 years, slower than across Kentucky (50%). Last year prices rose 2.9%.

Richlawn areaKentucky
0%+50%+100%+150%200020052010201520202025
+2.9%
past year
+33%
past 5 years
+58%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Richlawn, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $1,570

Renters already here pay a median of $2,050.

Fair Market Rent a month, utilities included

Studio$1,190
1 bedroom$1,290
2 bedrooms$1,570
3 bedrooms$2,010
4 bedrooms$2,330
10%
of households rent · KY 32%
11
renter households
$2,050
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Louisville, KY-IN HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Neighbors talk housing

What Richlawn buyers, sellers and renters are saying.

Town Square →
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Is Richlawn still affordable for young families?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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