Welcome to our new and improved Downtown Louisville Homes Report! In this report, we cover both the Downtown average home sales price and the Downtown number of homes sold. Previously, we used median sale price (which is better for math reasons) but just switched to average sale price because that’s what more people are familiar with.
These housing reports are for more than just the Downtown neighborhood in Louisville. They cover everything located within the Louisville Association of Realtors (GLAR) MLS Area 0 (see the map). So, this report also includes the following neighborhoods:
- Central Downtown District
- Old Louisville
- Phoenix Hill
- Shelby Park
Other neighborhoods and subdivisions besides those listed are also included. Check out Best Louisville Neighborhoods for more information about the nicest neighborhoods in Louisville, KY.
Downtown Louisville Homes Report
Now let’s look at the numbers!
It’s important to note a few things.
- The sample size varies greatly by the MLS area. Area 0 is quite small and may only have a handful of properties sold in a given month. Area 7 is Louisville’s largest MLS area! Look at each chart’s scale.
- The 1-year trend-line gauges where home values are going. This is superior to simply looking at the monthly totals. We average the previous 12 months of the average sale prices to arrive at this value.
This Downtown Louisville Homes Report is just one of the many housing reports we publish. This current and accurate information gives you control! This helps you make the best possible decision in your home buying transaction.
Would you like to use one of our graphics? There are two conditions. First, do not modify the graphic. Second, cite Louisville Homes Blog as the author by providing a link back to this website.