The story of this market
The typical home in Louisville, Kentucky sells for about $280,000, or $165 per square foot.
Prices are up +1.8% from a year ago, so sellers still have some momentum. Homes take about 37 days to sell. HUD's fair market rent for a two-bedroom is $1,250 a month.
Monthly price momentum
Home values since 2015
+4.3%
KY · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Louisville, Kentucky
The Louisville housing market is showing signs of balanced momentum, characterized by rising inventory levels and steady price appreciation. While buyer choice has improved significantly compared to previous years, the market faces ongoing challenges related to housing affordability and supply shortages. Overall, the market remains stable as it navigates a transition toward more normalized conditions.
No ARED county foreclosure postings attributed to Louisville yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).
Deterministic aggregate of 30 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved down 5.8% year over year.
Homes spend a median of 38 days on market with 0.1 months of supply — a fast-moving market.
1% of listings have cut prices · homes sell at 27.69% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 13.5% — a stable, low-distress profile.
- Kentucky Kingdom & Hurricane Bay4.33.6 mi
- Malibu Jack's Louisville4.410.2 mi
- Activate Games4.99.6 mi
- Sky Zone Trampoline Park4.113.9 mi
- Dave & Buster's Louisville47.7 mi
- Churchill Downs4.73 mi
- Kentucky Exposition Center4.43.5 mi
- Louisville Slugger Museum & Factory4.80.7 mi
- KFC Yum! Center4.51 mi
- Kentucky International Convention Center4.50.7 mi
- Churchill Downs4.73 mi
- Louisville Slugger Museum & Factory4.80.7 mi
- Louisville Zoo4.54.3 mi
- Lights Under Louisville4.74.6 mi
- Louisville Mega Cavern4.54.6 mi
- Louisville Slugger Museum & Factory4.80.7 mi
- Kentucky Derby Museum4.72.9 mi
- The Waverly Hills Sanatorium4.69 mi
- Muhammad Ali Center4.80.9 mi
- Mellwood Art Center4.63.1 mi
- Waterfront Park4.71.6 mi
- Cherokee Park4.83.7 mi
- Falls of the Ohio State Park4.62.1 mi
- Iroquois Amphitheater4.76 mi
- E.P. Tom Sawyer State Park4.611.6 mi
- Louisville Boat Club4.55.8 mi
- RiverPark Place Marina4.52.6 mi
- Admirals Anchor4.66.4 mi
- Jeffersonville’s Fishermans Wharf4.62.4 mi
- Topgolf Louisville48.4 mi
- Covered Bridge Golf Club4.513.4 mi
- Woodhaven Country Club4.79.1 mi
- Hidden Creek Golf Club4.58.2 mi
- Seneca Golf Course4.25.2 mi
- Mall St. Matthews4.37.8 mi
- Jefferson Mall49 mi
- Oxmoor Center4.38.5 mi
- Huber's Orchard & Winery4.615 mi
- Publix Super Market at Terra Crossing4.514.7 mi
- Louisville Muhammad Ali International Airport4.35.6 mi
- Bowman Field4.55.6 mi
- Louisville Regional Airport Authority4.34.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
Home of the Kentucky Derby, this iconic track is a major cultural anchor and tourist destination that drives significant local economic activity.
A sprawling green space along the Ohio River that serves as a central hub for community events, festivals, and outdoor recreation.
A world-renowned attraction celebrating baseball history, serving as a key downtown anchor for tourism and local identity.
Louisville is well-suited for families and first-time homebuyers seeking relative affordability compared to national medians. It also attracts investors interested in the city's steady rental demand, though the market requires careful navigation of local zoning and development constraints.
The public school system, primarily served by Jefferson County Public Schools, faces ongoing challenges regarding academic performance and resource allocation. While there are high-performing magnet and specialized programs, overall district-wide metrics often lag behind state averages, prompting significant community debate on reform.
The city is served by a network of major interstate highways, including I-64 and I-265, which facilitate regional connectivity. Public transit options are available, though the commute profile remains heavily reliant on personal vehicle usage.
Louisville offers a robust amenity base, highlighted by the expansive Parklands of Floyds Fork and the historic Waterfront Park along the Ohio River. Residents benefit from a diverse array of cultural attractions, including the Louisville Slugger Museum and the historic Churchill Downs racetrack.
The rental market is currently characterized by high demand and a significant supply gap, with an estimated shortage of 36,000 affordable units. Vacancy rates remain tight, and while new multifamily projects are in the pipeline, they frequently encounter community opposition.
Louisville's economy is driven by a diverse mix of logistics, healthcare, and manufacturing, with major employers including UPS and various regional health systems. The city is experiencing steady momentum in downtown revitalization and urban infill projects.
Louisville maintains a stable economic base anchored by logistics, healthcare, and manufacturing, with significant momentum in downtown revitalization and mixed-use developments. Major infrastructure projects, including highway corridor improvements, are actively underway to support long-term regional connectivity.
The development pipeline is focused on urban infill and multifamily housing, though projects frequently face significant community pushback. Major infrastructure upgrades are ongoing to improve traffic flow and support long-term growth.
Parcels in Louisville are subject to various special taxing districts, including those for fire protection, flood control, and local utility services.
Louisville experiences crime rates that are generally higher than the national average, with concentrated activity in specific urban corridors. Local authorities have implemented various community-based safety initiatives to address these trends, though property and violent crime remain key concerns for residents.
The city faces moderate risks from severe weather, including wind and occasional flooding in low-lying areas near the Ohio River. Property insurance premiums have seen upward pressure due to regional climate volatility and the increasing frequency of storm-related claims.
Property insurance premiums are rising due to regional storm risks and increased claim frequency, impacting overall housing affordability.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Kentucky) — Kentucky Ad Valorem Property Tax: Property is assessed at its fair cash value (price at a fair voluntary sale). The tax is calculated by applying local and state tax rates to the assessed value.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from data.census.gov; figures reflect city-level place data.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.