Louisville, KY Foreclosures
How much do homes sell for in Louisville, KY?
The average home price is currently $340,334.
In Louisville, KY, how many homes are available?
There are currently 809 active home listings available in Louisville.
What’s the average rental cost in Louisville, KY?
The average rental price in Louisville is $1,283.
What is the most expensive home in Louisville?
The most expensive home sold in Louisville had a price of $128,698,256.
What is currently the cheapest priced home in Louisville, KY?
The cheapest home for sale in Louisville is priced at $10,012.
Living in Louisville, KY
Louisville, KY is a bustling city known for its rich history, vibrant arts scene, and unique culinary offerings. The city is home to a variety of neighborhoods, parks, and recreational activities that cater to diverse lifestyles. With excellent schools and a strong community spirit, Louisville is a great place to live and work.
Current Market Conditions in Louisville, KY
The real estate market in Louisville, KY has seen steady growth over the past few years, with an increase in both home values and demand due to the city's appealing lifestyle and job opportunities. First-time homebuyers, in particular, are finding a range of affordable options, as interest in urban living continues to rise.
Near major attractions and with a diverse housing stock, from historic homes to modern developments, the market remains competitive. However, the addition of more new constructions and inventory in some areas is helping to balance supply and demand.
Home Value Estimator For Louisville, KY
There are currently 266,366 real estate properties
in Louisville, KY,
with a median automated valuation model (AVM) price
of $249,761.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Louisville, KY, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Louisville, KY,
is $340,334.00, with the most expensive house
in Louisville, KY, topping out
at $128,698,256.00 and the cheapest home
in Louisville, KY,
clocking in at $10,012.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Louisville, KY!
Rent Prices
In Louisville, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Louisville, KY, is on
a rollercoaster ride. The
average rent price in Louisville, KY,
is $1,283.00. Indeed, when looking to rent in
Louisville, KY, you can expect to pay as little
as $460.00 or as much
as $3,780.00,
with the average rent median estimated to
be $1,180.00. The good news is that finding
an affordable and desirable property to rent in Louisville, KY
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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