Louisville Housing Market Report (2024 Trends)
Posted by Nathan Garrett on
Louisville Real Estate Market Update
Below is a quick overview of the current Louisville real estate market. Numbers and statistics are gathered from the Greater Louisville Association of Realtors® (GLAR) for January 2024.
Home Prices
Are Home Prices Dropping in Louisville? Statistically, we see home prices decrease during the fall and winter months. We saw home prices peak in June 2023 at $275,000. Currently, for January, the median sale price is $259,000.
Housing Inventory
What is Happening in the Market? Looking at the statistics further from the Greater Louisville MLS, the data shows that homes continue to sell quickly at 47 days on market. This is slightly down compared to last year when the average DOM was…
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