Is Louisville, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Louisville is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Louisville, OH cost?

Median Sold Price

$197,500

$108/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$34,550(+21.2%)

Key Takeaway

Homes in Louisville have sold for 21.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $99K$111.1K
+12.2%
2 $120.5K$160K
+32.8%
3 $165K$197K
+19.4%
4 $190K$200K
+5.3%
5+ $175K$180K
+2.9%

Median Sold Price Compared To Nearby Cities

Louisville
+21.2%
Nimishillen Township
0.4%

How many homes are available in Louisville, OH?

Number of Homes For Sale

Oct 2022Nov 2022%
3325-24.2%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 53
-40.0%
3 1517
+13.3%
4 93
-66.7%
5+ 42
-50.0%

Number of Homes Sold

Oct 2022Nov 2022%
1310-23.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Louisville, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
26 Days12 Days-55.3%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Louisville are selling fast, if you're buying plan to act quickly.

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

About Louisville, OH

Louisville, OH has 25 homes for sale to choose from. Between October 2022 and November 2022, Louisville, OH real estate market has seen decrease in the number of listings by 24.2%. The median list price of listings available in November 2022 was $197,500, while the average time on the real estate market was 12 days. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 12.2%, 2 bedrooms properties prices increased by 32.8%, prices of 3 bedrooms properties increased by 19.4%, prices of 4 bedrooms properties increased by 5.3%, 5 bedrooms properties prices increased by 2.9%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes became 40% less available, volume of 3 bedrooms homes went up by 13.3%, 4 bedrooms homes became 66.7% less available, the quantity of 5 bedrooms homes went down by 50%. In November 2022, from all listings sold in Louisville, OH there were more than 5 sold above asking price, over 4 sold below and more than 0 were sold right at the asked price.

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