Louisville - KY housing market
The Louisville metro has a typical home value of $283,232, up 1.9% from a year ago. Homes are moving fast at 11 days on market - a strong seller's market. 28% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($283,232) is the Zillow Home Value Index for the Louisville - KY metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 1.9% over the past year. In Louisville - KY, that means a home worth $277,951 last year is now worth roughly $283,232.
The median sale price , what homes actually close for , is $268,690. Homes are selling at 98.3% of list price, meaning buyers have room to negotiate.
Homes listed in Louisville - KY sit on the market for roughly 11 days before going pending. Shorter = seller's market; longer = buyer's market.
About 27.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 1,885 new listings hit the market each month in Louisville - KY. There are currently 4,719 homes for sale, up 22.8% from a year ago.
The typical monthly rent in Louisville - KY is $1,385, up 2.7% year over year. For investors, the price-to-rent ratio here is roughly 17x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Other metros in KY
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Lexington - KY | $327,671 | +2.7% | 8.0d |