Is Louisville Central, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Louisville Central was a Seller's Market.
Housing Prices in Louisville Central, KY
How much do homes in Louisville Central, KY cost?
Median Sold Price
$235,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Louisville Central was $235,000 in March 2024, up 6.8% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $178K | $177.5K | -0.3% |
2 Bedrooms | $190K | $225K | +18.4% |
3 Bedrooms | $243.5K | $240.7K | -1.1% |
4 Bedrooms | $295.9K | $338.7K | +14.5% |
5+ Bedrooms | $347.4K | $445K | +28.1% |
Summary: Louisville Central housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.3%, 2 bedroom homes increased by 18.4%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 28.1%.
Median Sold Price Compared To Nearby Cities
Louisville West | $75K | $83.4K | +11.3% |
Louisville East | $293.5K | $319.2K | +8.8% |
Louisville Central | $220K | $235K | +6.8% |
Louisville Airport | $190K | $170K | -10.5% |
Housing Supply in Louisville Central, KY
How many homes are available in Louisville Central, KY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
74 | 102 | +37.8% |
Summary: The Louisville Central real estate market had 102 homes for sale in March 2024, a 37.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 12 | +9.1% |
2 Bedrooms | 28 | 38 | +35.7% |
3 Bedrooms | 19 | 33 | +73.7% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Louisville Central housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 35.7%, 3 bedroom homes increased by 73.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 14 | -12.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Louisville Central in March 2024, down by 12.5% month-over-month. Of the 14 sold homes, 71% were sold under asking, 21% were sold at asking, and 7% 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