$6,800
0.14 Acres
Land
Listing Office: simpliHOM Kentucky, LLC
Is Louisville West, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Louisville West was a Seller's Market.
Key Takeaway
Louisville West is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Louisville West, KY
How much do homes in Louisville West, KY cost?
Median Sold Price
$89,936
$80/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,957(+12.4%)
Key Takeaway
Homes in Louisville West have sold for 12.4% more than they did a year ago.
Summary: The median home sold price in Louisville West was $89,936 in November 2024, up 12.4% from last year, and the median price per square foot was $80.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $38K | $30K | -21.1% |
| 2 Bedrooms | $63.5K | $73.9K | +16.5% |
| 3 Bedrooms | $103K | $102K | -1.0% |
| 4 Bedrooms | $123.6K | $122.7K | -0.7% |
| 5+ Bedrooms | $125K | $209.9K | +67.9% |
Summary: Louisville West housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.1%, 2 bedroom homes increased by 16.5%, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 67.9%.
Median Sold Price Compared To Nearby Cities
| Louisville West | $79.9K | $89.9K | +12.4% |
| Louisville South | $154.9K | $162.5K | +4.9% |
| Louisville Central | $226.7K | $237K | +4.5% |
Housing Supply in Louisville West, KY
How many homes are available in Louisville West, KY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 248 | 244 | -1.6% |
Summary: The Louisville West real estate market had 244 homes for sale in November 2024, a 1.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 11 | 0.0% |
| 2 Bedrooms | 68 | 74 | +8.8% |
| 3 Bedrooms | 121 | 116 | -4.1% |
| 4 Bedrooms | 39 | 35 | -10.3% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Louisville West housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.8%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 37 | -22.9% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Louisville West, you may be able to get a good deal. 48.6% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in Louisville West in November 2024, down by 22.9% month-over-month. Of the 37 sold homes, 49% were sold under asking, 30% were sold at asking, and 22% were sold over asking.
Days on Market for Louisville West, 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.