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Norbourne Estates, KY

Full City Profile · Kentucky · Jefferson County County

3.9 /5.0
B+ Good
447 Population 5,588/sq mi density
$174,844 Median Income $85,918 per capita
$611,700 Home Value $136,218 Zillow
58°F Avg Temperature 293 sunny days/yr
189 Violent Crime/100K 3,828 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$174,844 median income, 1.1% unemployment
A+
Affordability
4.7 / 5.0
$611,700 home value, /mo rent
F
Safety
1.0 / 5.0
189 violent crimes/100K
A+
Education
5.0 / 5.0
88.3% bachelor's degree or higher

Housing Overview

Median Home Value
$611,700
117% above
US avg: $281,900
Homeownership Rate
97.8%
50% above US avg (65.4%)
Total Housing Units
181
Median year built: 1943

Home Value by Source

Census Median
$611,700
Zillow (ZHVI)
$136,218
Median Sale Price
$437,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

97.8%
Owner-Occupied
2.2%
Renter-Occupied
98%
2%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$719/mo
1 Bedroom
$794/mo
2 Bedroom
$984/mo
3 Bedroom
$1,277/mo
4 Bedroom
$1,442/mo

Market Indicators (Redfin)

Median Days on Market
29 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$222

Affordability & Housing Stock

Rent Burden
22.5%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Median Year Built
1943
Average age of housing stock: 83 years
Homeownership Rate
97.8%

Complete Housing Data

Home Values

Census Median Value$611,700
Zillow Home Value (ZHVI)$136,218
Median Sale Price$437,500
Price Per Sq Ft$222

Rent

FMR Studio$719
FMR 1-Bedroom$794
FMR 2-Bedroom$984
FMR 3-Bedroom$1,277
FMR 4-Bedroom$1,442

Market

Days on Market29
Sale-to-List Ratio0.9%
Price Drops0.0%
Homes Sold1
Price Per Sq Ft$222

Ownership & Stock

Owner-Occupied97.8%
Renter-Occupied2.2%
Homeownership Rate97.8%
Total Housing Units181
Median Year Built1943
Rent Burden22.5%