Is Old Louisville, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Old Louisville is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Old Louisville has remained a Seller's Market.

Key Takeaway

Old Louisville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Old Louisville, KY

How much do homes in Old Louisville, KY cost?

Median Sold Price

$303,000

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$12,250(+4.2%)

Key Takeaway

Homes in Old Louisville have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in Old Louisville was $303,000 in September 2024, up 4.2% from last year, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $174.7K$107.5K
-38.5%
2 $157K$207.5K
+32.2%
3 $325K$275K
-15.4%
4 $350K$389K
+11.1%
5+ $332.4K$450K
+35.4%

Summary: Old Louisville housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.5%, 2 bedroom homes increased by 32.2%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 35.4%.

Median Sold Price Compared To Nearby Neighborhoods

Merriwether
+12.9%
Shelby Park
+12.5%
Smoketown
+8.6%
Old Louisville
+4.2%

Housing Supply in Old Louisville, KY

How many homes are available in Old Louisville, KY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3438+11.8%

Summary: The Old Louisville real estate market had 38 homes for sale in September 2024, a 11.8% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 68
+33.3%
3 1011
+10.0%
4 77
0.0%
5+ 1112
+9.1%

Summary: The Old Louisville housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
310+233.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Old Louisville, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Old Louisville in September 2024, up by 233.3% month-over-month. Of the 10 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for Old Louisville, KY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Old Louisville, KY

Nearby Markets to Old Louisville, KY