$1,484 Closing Credit*
$125,000
1,556 SqFt
4 Beds
•1 Full Bath
Listing Office: RE/MAX Properties East
Is Louisville South, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Louisville South has remained a Seller's Market.
Key Takeaway
Louisville South is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Louisville South, KY
How much do homes in Louisville South, KY cost?
Median Sold Price
$160,100
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,182(+4.7%)
Key Takeaway
Homes in Louisville South have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Louisville South was $160,100 in October 2024, up 4.7% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $62.8K | $70K | +11.4% |
| 2 Bedrooms | $119.1K | $133K | +11.7% |
| 3 Bedrooms | $173.6K | $183.8K | +5.9% |
| 4 Bedrooms | $185K | $195K | +5.4% |
| 5+ Bedrooms | $246K | $255.5K | +3.9% |
Summary: Louisville South housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.4%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 3.9%.
Median Sold Price Compared To Nearby Cities
| Pond Creek | $223.2K | $245.4K | +9.9% |
| North Dixie | $192.9K | $211.8K | +9.8% |
| Louisville South | $152.9K | $160.1K | +4.7% |
| Shively | $181.2K | $188.7K | +4.1% |
Housing Supply in Louisville South, KY
How many homes are available in Louisville South, KY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 232 | 252 | +8.6% |
Summary: The Louisville South real estate market had 252 homes for sale in October 2024, a 8.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 66 | 67 | +1.5% |
| 3 Bedrooms | 116 | 126 | +8.6% |
| 4 Bedrooms | 40 | 45 | +12.5% |
| 5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Louisville South housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 69 | 67 | -2.9% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Louisville South, you may be able to get a good deal. 44.8% of homes here sold below asking price last month.
Summary: A total of 67 homes were sold or pending in Louisville South in October 2024, down by 2.9% month-over-month. Of the 67 sold homes, 45% were sold under asking, 15% were sold at asking, and 40% 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
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. All Rights Reserved.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.