Why Live in Valley Village
Valley Village, located southwest of Louisville, Kentucky, offers a quiet, small-town atmosphere with scenic views of the Ohio River. This close-knit community is known for its friendly residents, many of whom frequent local spots like Derby City Pizza and Mike Linnig's, which hosts live music and serves fried fish. Dixie Highway provides convenient access to shopping and dining options, including grocery stores like Kroger and Price Less Foods. The neighborhood features a mix of housing styles, including three to four-bedroom ranch-style homes, bungalows, and cottages, all set on well-maintained lawns. Originally developed in the 1950s for Fort Knox employees, Valley Village has grown to accommodate a diverse population, including military families and workers from nearby companies like Kosmos Cement and Louisville Gas & Electric. Commuters can reach downtown Louisville in about 30 minutes, and public bus routes and the Louisville Loop Trail offer additional transportation options. Outdoor activities are plentiful, with the Ohio River providing opportunities for fishing and boating, and the Greenwood Boat Ramp & Waterpark offering family-friendly fun. The Louisville Loop Trail, spanning over 100 miles, is ideal for walking and biking. Valley Village also hosts the annual Southwest Community Festival, attracting nearly 20,000 visitors with live music, a chili cook-off, and various family-friendly activities. Overall, Valley Village provides a peaceful, community-oriented lifestyle with easy access to the amenities of Louisville.
Frequently Asked Questions
Is Valley Village a good place to live?
Valley Village is a good place to live. Valley Village is considered very car-dependent and somewhat bikeable with minimal transit options. Valley Village has 6 parks for recreational activities. It is sparse in population with 0.9 people per acre and a median age of 38. The average household income is $58,501 which is below the national average. College graduates make up 10.4% of residents. A majority of residents in Valley Village are home owners, with 30.1% of residents renting and 69.9% of residents owning their home. A
local real estate agent serving Valley Village can help you decide if this neighborhood is the right one for you. Learn more on our
Valley Village neighborhood guide.
Is Valley Village, KY a safe neighborhood?
Valley Village, KY is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Valley Village?
The median home price in Valley Village is $349,500. If you put a 20% down payment of $69,900 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,810 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $78K a year to afford the median home price in Valley Village. The average household income in Valley Village is $59K.
What are the best public schools in Valley Village?
The best public schools that serve Valley Village are:
What are the most popular zip codes in Valley Village, Louisville, KY?
What are the most popular neighborhoods near Valley Village, Louisville, KY?
Are home prices dropping in Valley Village?
Yes, home prices in Valley Village are down 44% in the last 12 months.
Home Trends in Valley Village, KY
On average, homes in Valley Village, Louisville sell after 66 days on the market compared to the national average of 70 days. The median sale price for homes in Valley Village, Louisville over the last 12 months is $300,000, down 45% from the median home sale price over the previous 12 months.
Median Sale Price
$300,000
Median Single Family Sale Price
$315,000
Median 2 Bedroom Sale Price
$222,500
Average Price Per Sq Ft
$252
Number of Homes for Sale
3
Last 12 months Home Sales
24
Median List Price
$349,500
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-45%