In August, home prices rose moderately from the month before, with a median listing price of $284,200.
The number of listings on the market grew 5.2% from last month, which is a smaller increase than normal for this time of the year in Louisville, and homes are also selling close to the same pace as the same time last year.
Home prices in Louisville
Typically, home price per square foot in Louisville tend to rise in August. But the most recent data shows that the price per square foot remained practically unchanged compared with the month before.
So, how does this compare with the rest of the U.S.? Nationally, home price per square foot decreased 1.2%, which means price changes in Derby City are smaller the national market.
Louisville inventory
In August, there were 1,551 homes for sale in Louisville, which was 5.2% more than the month before and 31.7% more than the same time last year.
Meanwhile, active inventory across the nation fell by 0.4% from last month to 1,098,681.
Time on market
Homes in Louisville take an average of 35 days to sell, according to August figures.
This is the same as the previous month and one day less than the same month last year.
For comparison, nationally homes spent an average of 60 days on the market in August.
Use the Realtor.com data portal to get more market data, broken down by state, metro or ZIP code.
* Here’s a live look at popular listings and recent home sales in Louisville, KY.