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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Louisville Central is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Louisville Central, KY

How much do homes in Louisville Central, KY cost?

Median Sold Price

$237,000

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,231(+4.5%)

Key Takeaway

Homes in Louisville Central have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in Louisville Central was $237,000 in November 2024, up 4.5% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $186.5K$163K
-12.6%
2 $209.5K$206K
-1.7%
3 $234.5K$254K
+8.3%
4 $294.5K$343.5K
+16.6%
5+ $344.8K$487.5K
+41.4%

Summary: Louisville Central housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.6%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes increased by 41.4%.

Median Sold Price Compared To Nearby Cities

Louisville West
+12.4%
Louisville East
+9.7%
Louisville Central
+4.5%

Housing Supply in Louisville Central, KY

How many homes are available in Louisville Central, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
101114+12.9%

Summary: The Louisville Central real estate market had 114 homes for sale in November 2024, a 12.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 67
+16.7%
2 3743
+16.2%
3 3441
+20.6%
4 1111
0.0%
5+ 1312
-7.7%

Summary: The Louisville Central housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 16.2%, 3 bedroom homes increased by 20.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1720+17.6%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 20 homes were sold or pending in Louisville Central in November 2024, up by 17.6% month-over-month. Of the 20 sold homes, 60% were sold under asking, 35% were sold at asking, and 5% 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

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

Report Updated 2 Days Ago

Newest Listings in Louisville Central, KY

Nearby Markets to Louisville Central, KY

What housing markets are near Louisville Central, KY?