Is Louisville East, 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 East has remained a Seller's Market.
Housing Prices in Louisville East, KY
How much do homes in Louisville East, KY cost?
Median Sold Price
$320,533
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Louisville East was $320,533 in May 2024, up 7.9% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145K | $146.2K | +0.9% |
2 Bedrooms | $223.7K | $229.8K | +2.7% |
3 Bedrooms | $334.2K | $358.5K | +7.3% |
4 Bedrooms | $447.5K | $449.5K | 0.4% |
5+ Bedrooms | $699K | $650K | -7.0% |
Summary: Louisville East housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.9%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes decreased by 7%.
Median Sold Price Compared To Nearby Cities
Louisville East | $297K | $320.5K | +7.9% |
Seneca Gardens | $514.5K | $420K | -18.4% |
Housing Supply in Louisville East, KY
How many homes are available in Louisville East, KY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
345 | 378 | +9.6% |
Summary: The Louisville East real estate market had 378 homes for sale in May 2024, a 9.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 19 | +18.8% |
2 Bedrooms | 103 | 103 | 0.0% |
3 Bedrooms | 158 | 177 | +12.0% |
4 Bedrooms | 60 | 66 | +10.0% |
5+ Bedrooms | 8 | 13 | +62.5% |
Summary: The Louisville East housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.8%, 2 bedroom homes remained the same, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 62.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
120 | 118 | -1.7% |
Asking Price vs. Sold Price
56 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
33 Homes Were Sold
Over Asking
Summary: A total of 118 homes were sold or pending in Louisville East in May 2024, down by 1.7% month-over-month. Of the 118 sold homes, 47% were sold under asking, 25% were sold at asking, and 28% were sold over asking.
Days on Market for Louisville East, KY
We’re sorry, we don't have information for this market at the moment
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 118 homes were sold in Louisville East; 1% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.