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 August 2024.


Home Prices

Are Home Prices Dropping in Louisville? Statistically, we see home prices increase during the spring and summer months. We saw home prices peak this year in June at $289,900. For August, the median sale was slightly down ($275,000). We anticipate going into the fall months, we will see things cool off. Maybe even see a minimal decrease in the median sale price during the winter months. 

Housing Inventory

What is Happening in the Market?  Looking at the statistics further from the…

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Are you thinking about moving to Kentucky? The Bluegrass State has much to offer, from its stunning natural landscapes to its rich cultural heritage. With a growing economy and affordable cost of living, Kentucky has seen an influx of new residents over the past few years. With a population increase of 3.8% from 2010 to 2020. Experiencing great growth for businesses and in real estate.

Kentucky at a Glance

  • Housing affordability in Kentucky is 22% lower than the national average.
  • Cost of living is approximately 8% lower than the national average.
  • Major cities like Louisville, Lexington, and Bowling Green are key economic centers.

Living in Kentucky (from a Local)

Relocating to Kentucky…

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With unlimited access to new listings, valuable sold data, innovative online tools, and FAQs that can be found on most platforms -- the general public is now equipped with a wealth of information that they certainly deserve when making such a large purchase.

But is that enough?

Buyers can comprehensively get a good pulse on the local market but could mistakenly fumble through a transaction.

Why do I need to hire a Buyers agent?

Buying a home is a long process with many moving parts. If you're not careful - it could quickly become a disaster. The average American will move 11.7 times in their lifetime - or once every seven years. An established agent will easily sell 20+ homes - in a single year!

what does a buyers agent do - Infographic.


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Table of Contents

  • How much is housing
  • What is the median income
  • Average cost of utilities
  • How much is your average grocery bill
  • Typical transportation cost
  • How much is healthcare in Louisville
  • Lifestyle and Entertainment Cost
  • How much is taxes in Louisville

How Much Does it Cost to Live in Louisville?

Welcome to Louisville KY, the largest city in the Commonwealth. Even as a large city, it still has a small-town feel with a population of over 1.3 million people in the metropolitan area. Many newcomers to Kentucky are drawn to Louisville because of the affordable cost of living.

Before making a move to a new city it is important to find out how much it may cost to live there and how it may compare to your…

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Eighteen Parks and Playgrounds in Louisville to Visit

Discover some of the most popular parks and playgrounds around the Louisville area. The list below ranks our cities top parks to better help you discover new parks you may want to visit this summer.

1. The Parklands of Floyds Fork

Playground at Beckley Creek Park at the Parklands

The Parklands of Floyds Fork, one of the most popular parks in the Louisville area since its opening, is a new park system that stretches alongside the Gene Snyder Freeway and Floyds Fork. This collection of four unique parks offers plenty of amenities for visitors to enjoy. The parks include Beckley Creek Park, Pope Lick Park, Turkey Run Park, and the newest addition, Broad Run Park.

Hiking in The Parklands

The Parklands features over 40 miles of trails…

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Good news! The value of your home has gone up. The bad news is your property taxes likely have too.

However, if you believe your taxes have been unjustly increased, you have the option to appeal your Jefferson County property taxes.

How does the PVA Determine Property Values?

Each time there is a sale in your neighborhood the local PVA office will enter the data into their system to record the transaction. The sale price will then represent the value of the property for approximately the next two years.

Jefferson County PVA uses a computer-assisted mass appraisal system (CAMA) to determine the property values for more than 250,000 homes. 

However, even with careful monitoring, inaccuracies can occur. Potentially leading to higher tax…

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Table of Contents

  • Introduction
  • When was the first Kentucky Derby
  • Running in the Kentucky Derby
  • How much does it cost?
  • What to wear to the Kentucky Derby
  • Celebrities at the Kentucky Derby
  • Popular Food & Drinks

About the Kentucky Derby

There are several great sporting traditions and events in United States history. Ranging from the Super Bowl to the Daytona 500, virtually everyone in the country can find a source of entertainment through sports. While the popularity and excitement around these events tend to change year to year, the Kentucky Derby stands as one in which each year seems to bring the same, or greater, level of excitement.

The Kentucky Derby stands as the oldest continuous sporting event in the…

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Louisville History

One of the most notable facts about Louisville, of course, would have to be when the city was founded. The River City was founded in 1778 by George Rogers Clark, making it one of the oldest cities west of the Appalachian Mountains. Its key location at the Falls of the Ohio River made it the perfect port and shipping hub in the 19th century, which significantly boosted the growth of the city during the industrial era. Below we share some fun trivia and interesting facts about Louisville.

Interesting Facts about Louisville

Louisville is the largest city in Kentucky. The population of the metropolitan area is 1,395,000 people.

Home of the Kentucky Derby: Probably one of the most notable facts about Louisville, is the famous…

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From historic architecture to a popular art scene, there is a perfect mix of the best neighborhoods in Louisville. Ranging from historic homes on tree-lined streets in the Highlands to the only traditional planned development in the state of Kentucky, Norton Commons.

After analyzing recent trends and performances, we have gathered a list of the top neighborhoods in Louisville, KY. Based on statistics from the local MLS, these neighborhoods have consistently ranked high in terms of days on market, median sale price, and number of homes sold. Excelling in market statistics and also having strong buyer demand.


List of Neighborhoods in Louisville

Vector map of Louisville neighborhoods

Audubon Park

Median Sale Price: $350,000

Located only ten minutes south of Downtown…

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Homeownership is a goal for many Americans. However, following a good home maintenance checklist may be overwhelming. Especially if there are years of deferred maintenance. Below is an easy-to-follow checklist to help you tackle these small tasks each month throughout the year.


home maintenance checklist - Infographic.


Spring Home Maintenance Checklist

Sprint time is usually when the real estate market starts to pick up. It is also a good time to do some maintenance around the house. Below are home maintenance tips to perform during this time of year. Some of the most important activities this time of year, are the ones that will help keep your house protected from the heavy rain that we typically see this time of year.

March Items

  • Some arborists recommend that late…

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