Why Live in O'Bannon
O'Bannon, located on the outer edge of Louisville, is a mixed-use community featuring both industrial and residential areas. The western side houses significant manufacturing businesses like Ford’s Kentucky Truck Plant, Eagle Steel, and FedEx, while the eastern side is primarily composed of subdivisions with large single-family homes. These homes, mostly built around 2000, feature contemporary traditional designs with modern layouts and luxury materials. The neighborhood is characterized by quiet, winding streets, cul-de-sacs, and ample green spaces, making it ideal for family activities such as street hockey and pick-up basketball. O'Bannon is part of the Jefferson County Public School District, with highly rated schools like Bowen Elementary, Ballard High School, Stopher, and Eastern High School serving the community. Recreational facilities within the subdivisions include the Forest Springs Swim & Tennis Club and the Woodmont Clubhouse. Nearby, EP Tom Sawyer State Park offers unique features like an archery range, BMX track, and events such as Fun Flicks Friday and chili cookouts. Retail and dining options are concentrated at Anchorage Plaza and the Shops of Forest Springs, with popular spots like Mariscos Los Plebes and Jucy’s Smokehouse Bar-BQ. While the neighborhood is car-dependent, Interstate 265 provides convenient access to downtown Louisville and surrounding areas. Safety in O'Bannon is comparable to the national average, and the area is served by Norton Brownsboro Hospital, located just 5 miles away. Homeowner's Associations are common, reflecting the planned nature of the subdivisions.
Frequently Asked Questions
Is O'Bannon a good place to live?
O'Bannon is a good place to live. O'Bannon is considered very car-dependent and somewhat bikeable with minimal transit options. O'Bannon has 6 parks for recreational activities. It is sparse in population with 2.9 people per acre and a median age of 40. The average household income is $160,197 which is above the national average. College graduates make up 64% of residents. A majority of residents in O'Bannon are home owners, with 24% of residents renting and 76% of residents owning their home. A
local real estate agent serving O'Bannon can help you decide if this neighborhood is the right one for you. Learn more on our
O'Bannon neighborhood guide.
How much do you need to make to afford a house in O'Bannon?
The median home price in O'Bannon is $399,900. If you put a 20% down payment of $80,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,070 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $89K a year to afford the median home price in O'Bannon. The average household income in O'Bannon is $160K.
What are the best public schools in O'Bannon?
The best public schools that serve O'Bannon are:
What are the best private schools in O'Bannon?
The best private schools that serve O'Bannon are:
What are the most popular zip codes in O'Bannon, Louisville, KY?
What are the most popular neighborhoods near O'Bannon, Louisville, KY?
Are home prices dropping in O'Bannon?
Yes, home prices in O'Bannon are down 21% in the last 12 months.
Home Trends in O'Bannon, KY
On average, homes in O'Bannon, Louisville sell after 55 days on the market compared to the national average of 70 days. The median sale price for homes in O'Bannon, Louisville over the last 12 months is $355,000, down 20% from the median home sale price over the previous 12 months.
Median Sale Price
$355,000
Median Single Family Sale Price
$382,000
Median Townhouse Sale Price
$348,900
Median 2 Bedroom Sale Price
$585,000
Average Price Per Sq Ft
$236
Number of Homes for Sale
20
Last 12 months Home Sales
112
Median List Price
$399,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-20%