Is Louisville South, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Louisville South has remained a Seller's Market.
Housing Prices in Louisville South, KY
How much do homes in Louisville South, KY cost?
Median Sold Price
$154,937
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Louisville South was $154,937 in April 2024, up 2% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $62.8K | $60K | -4.5% |
2 Bedrooms | $117.6K | $125.2K | +6.4% |
3 Bedrooms | $169.9K | $178.1K | +4.8% |
4 Bedrooms | $180K | $187.5K | +4.2% |
5+ Bedrooms | $235.6K | $272.5K | +15.6% |
Summary: Louisville South housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.5%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 15.6%.
Median Sold Price Compared To Nearby Cities
Shively | $172K | $184.9K | +7.5% |
Pond Creek | $215.4K | $229.9K | +6.7% |
North Dixie | $188.6K | $200K | +6.0% |
Louisville South | $151.8K | $154.9K | +2.0% |
Housing Supply in Louisville South, KY
How many homes are available in Louisville South, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
254 | 232 | -8.7% |
Summary: The Louisville South real estate market had 232 homes for sale in April 2024, a 8.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 4 | -50.0% |
2 Bedrooms | 93 | 80 | -14.0% |
3 Bedrooms | 117 | 110 | -6.0% |
4 Bedrooms | 32 | 33 | +3.1% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Louisville South housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 14%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
95 | 87 | -8.4% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Summary: A total of 87 homes were sold or pending in Louisville South in April 2024, down by 8.4% month-over-month. Of the 87 sold homes, 37% were sold under asking, 28% were sold at asking, and 36% were sold over asking.
Days on Market for Louisville South, KY
How long does it take to sell a home in Louisville South, KY?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 87 homes were sold in Louisville South; 1% 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.