Is Louisville Central, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Louisville Central has remained a Seller's Market.
Housing Prices in Louisville Central, KY
How much do homes in Louisville Central, KY cost?
Median Sold Price
$240,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Louisville Central was $240,000 in May 2024, up 9.1% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | $184K | +2.3% |
2 Bedrooms | $195K | $225K | +15.4% |
3 Bedrooms | $239.9K | $250K | +4.2% |
4 Bedrooms | $297.9K | $342.4K | +14.9% |
5+ Bedrooms | $332.4K | $447.5K | +34.6% |
Summary: Louisville Central housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes increased by 34.6%.
Median Sold Price Compared To Nearby Cities
Louisville Central | $220K | $240K | +9.1% |
Louisville West | $78.7K | $85K | +8.0% |
Louisville East | $297K | $320.5K | +7.9% |
Housing Supply in Louisville Central, KY
How many homes are available in Louisville Central, KY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
96 | 122 | +27.1% |
Summary: The Louisville Central real estate market had 122 homes for sale in May 2024, a 27.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 10 | -16.7% |
2 Bedrooms | 39 | 48 | +23.1% |
3 Bedrooms | 27 | 36 | +33.3% |
4 Bedrooms | 7 | 10 | +42.9% |
5+ Bedrooms | 11 | 18 | +63.6% |
Summary: The Louisville Central housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 63.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 28 | +55.6% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Louisville Central in May 2024, up by 55.6% month-over-month. Of the 28 sold homes, 36% were sold under asking, 21% were sold at asking, and 43% were sold over asking.
Days on Market for Louisville Central, KY
We’re sorry, we don't have information for this market at the moment