$1,781 Closing Credit*
$150,000
1,096 SqFt
3 Beds
•2 Full Baths
Listing Office: TCB Property Management
Is South Louisville, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, South Louisville has remained a Seller's Market.
Key Takeaway
South Louisville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Louisville, KY
How much do homes in South Louisville, KY cost?
Median Sold Price
$130,000
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$20,000(+18.2%)
Key Takeaway
Homes in South Louisville have sold for 18.2% more than they did a year ago.
Summary: The median home sold price in South Louisville was $130,000 in September 2024, up 18.2% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $74K | -17.8% |
| 2 Bedrooms | $70K | $113.5K | +62.1% |
| 3 Bedrooms | $137.5K | $150K | +9.1% |
| 4 Bedrooms | $192.5K | $168.5K | -12.5% |
| 5+ Bedrooms | $269.9K | - | N/A |
Summary: South Louisville housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.8%, 2 bedroom homes increased by 62.1%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| South Louisville | $110K | $130K | +18.2% |
| Taylor Berry | $115K | $125K | +8.7% |
Housing Supply in South Louisville, KY
How many homes are available in South Louisville, KY?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Summary: The South Louisville real estate market had 16 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 7 | 10 | +42.9% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Louisville housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 42.9%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in South Louisville, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in South Louisville in September 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for South Louisville, 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.