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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Old Louisville is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Old Louisville was a Neutral Market.

Key Takeaway

Old Louisville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Old Louisville, KY

How much do homes in Old Louisville, KY cost?

Median Sold Price

$278,500

$137/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$12,500(+4.7%)

Key Takeaway

Homes in Old Louisville have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in Old Louisville was $278,500 in November 2024, up 4.7% from last year, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $174.7K$104.5K
-40.2%
2 $175K$191K
+9.1%
3 $325K$275K
-15.4%
4 $341.2K$389K
+14.0%
5+ $394.9K$503.7K
+27.6%

Summary: Old Louisville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 40.2%, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 27.6%.

Median Sold Price Compared To Nearby Neighborhoods

Shelby Park
+16.3%
Merriwether
+13.1%
Old Louisville
+4.7%

Housing Supply in Old Louisville, KY

How many homes are available in Old Louisville, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3132+3.2%

Summary: The Old Louisville real estate market had 32 homes for sale in November 2024, a 3.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 55
0.0%
3 68
+33.3%
4 87
-12.5%
5+ 1010
0.0%

Summary: The Old Louisville 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Old Louisville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Old Louisville in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Old Louisville, 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 Old Louisville, KY

Nearby Markets to Old Louisville, KY