Is Louisville South, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Louisville South has remained a Seller's Market.
Housing Prices in Louisville South, KY
How much do homes in Louisville South, KY cost?
Median Sold Price
$150,761
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Louisville South was $150,761 in March 2024, up 0.1% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $60K | $63K | +5.0% |
2 Bedrooms | $116.4K | $123.5K | +6.1% |
3 Bedrooms | $167.1K | $178K | +6.5% |
4 Bedrooms | $181.7K | $185K | +1.8% |
5+ Bedrooms | $244.7K | $246K | 0.5% |
Summary: Louisville South housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Cities
Shively | $170.5K | $185K | +8.5% |
North Dixie | $185.4K | $200K | +7.9% |
Pond Creek | $213K | $229.8K | +7.9% |
Louisville South | $150.6K | $150.7K | 0.1% |
Louisville Airport | $190K | $170K | -10.5% |
Housing Supply in Louisville South, KY
How many homes are available in Louisville South, KY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
250 | 243 | -2.8% |
Summary: The Louisville South real estate market had 243 homes for sale in March 2024, a 2.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 8 | +33.3% |
2 Bedrooms | 89 | 90 | +1.1% |
3 Bedrooms | 118 | 109 | -7.6% |
4 Bedrooms | 30 | 31 | +3.3% |
5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Louisville South housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 1.1%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
62 | 87 | +40.3% |
Asking Price vs. Sold Price
47 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Summary: A total of 87 homes were sold or pending in Louisville South in March 2024, up by 40.3% month-over-month. Of the 87 sold homes, 54% were sold under asking, 15% were sold at asking, and 31% were sold over asking.
Days on Market for Louisville South, KY
We’re sorry, we don't have information for this market at the moment