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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Louisville East is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Louisville East, KY

How much do homes in Louisville East, KY cost?

Median Sold Price

$335,114

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$29,599(+9.7%)

Key Takeaway

Homes in Louisville East have sold for 9.7% more than they did a year ago.

Summary: The median home sold price in Louisville East was $335,114 in November 2024, up 9.7% from last year, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $140K$147.5K
+5.4%
2 $225K$232.6K
+3.4%
3 $349K$373K
+6.9%
4 $442.5K$459K
+3.7%
5+ $694.5K$637.5K
-8.2%

Summary: Louisville East housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.4%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 8.2%.

Housing Supply in Louisville East, KY

How many homes are available in Louisville East, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
365351-3.8%

Summary: The Louisville East real estate market had 351 homes for sale in November 2024, a 3.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1615
-6.3%
2 109102
-6.4%
3 154151
-1.9%
4 6762
-7.5%
5+ 1921
+10.5%

Summary: The Louisville East housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.3%, 2 bedroom homes decreased by 6.4%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes increased by 10.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
11980-32.8%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Louisville East, you may be able to get a good deal. 41.3% of homes here sold below asking price last month.

Summary: A total of 80 homes were sold or pending in Louisville East in November 2024, down by 32.8% month-over-month. Of the 80 sold homes, 41% were sold under asking, 29% were sold at asking, and 30% 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

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

Report Updated 20 Days Ago

Newest Listings in Louisville East, KY

Nearby Markets to Louisville East, KY

What housing markets are near Louisville East, KY?