Is Louisville, NE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Louisville is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Louisville was a Seller's Market.

Key Takeaway

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

Housing Prices in Louisville, NE

How much do homes in Louisville, NE cost?

Median Sold Price

$410,000

$161/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$135,000(+49.1%)

Key Takeaway

Homes in Louisville have sold for 49.1% more than they did a month ago.

Summary: The median home sold price in Louisville was $410,000 in October 2024, up 49.1% from last month, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $262K-
N/A
3 -$270K
N/A
4 --
N/A
5+ $399K$550K
+37.8%

Summary: Louisville housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 37.8%.

Housing Supply in Louisville, NE

How many homes are available in Louisville, NE?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1218+50.0%

Summary: The Louisville real estate market had 18 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 410
+150.0%
4 14
+300.0%
5+ 43
-25.0%

Summary: The Louisville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 150%, 4 bedroom homes increased by 300%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Louisville, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Louisville in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Louisville, NE

How long does it take to sell a home in Louisville, NE?

Average Sale Time

Sep 2024Oct 2024CHANGE
27 Days1 Days-94.5%

Summary: Homes in Louisville had an average of 1 days on market in Oct 2024, down by 94.5% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Louisville are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Louisville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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, NE

Nearby Markets to Louisville, NE