Louisville, KY Real Estate Market Update for May 2016

The Louisville, KY real estate market is still proving to be a great situation for home sellers. Buyer demand continues to increase through the end of spring with low inventory available.

Louisville, KY Real Estate Market Update for May 2016

View Louisville, KY homes for sale under $150,000.
View Louisville, KY homes for sale under $250,000.
View Louisville, KY homes for sale under $350,000.

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Homes sold from January through May this year showed an 11.53% increase compared to January through May in 2015 with growth from 5,818 homes sold in 2015 to 6,489 homes sold in 2016. When looking individual MLS areas, Jefferson County had an increase of 9% in homes sold from January through May in 2015 compared to January through May in 2016. Oldham County’s homes sold increased 16.81%, and Bullitt County increased 17.9%. These large increases demonstrate that Louisville is still a seller’s market. There are more buyers actively searching for the perfect home than there are homes available. This high demand for quality properties can boost the average selling price of the area as well.

How much is your home worth? It might be more than you think! Find out how much more here.

Louisville, KY Real Estate Market Update for May 2016

When comparing the month of May in 2015 to May of 2016, an overall increase of 5.02% in average selling prices can be seen. Jefferson County average selling price in May 2015 was $199,155; it rose 4.68% in May of 2016 to $208,469. Oldham County average selling prices saw an increase of 8.57%, and Bullitt County saw a 10.4% increase in selling prices. Again, increased prices can oftentimes be attributed to lower inventory. More competition between buyers usually results in more competitive prices.

You may also like: 4 Things to Consider When Pricing Your Home to Sell

If you are thinking about selling your home, now is the ideal time to do so. Active listings decreased 23.65% compared this time last year. The Louisville, KY real estate market is truly in need of your quality listing!

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Are you unsure of where to start? Contact Pam Ruckriegel with Louisville Real Estate Pros at Keller Williams Realty Louisville East, and she’ll get you moving in the right direction. She is the best Realtor for the job! 402-435-5524.

2349 Properties Found. Showing 1-12
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10103 Blossom Tree Way
Louisville, KY 40241
10103 Blossom Tree Way Louisville, KY 40241
1 of 39
$272,000
Subdivision: Village Of Spring Meadows
BEDS
3
BATHS
3
SQ.FT.
2,082
BUILT
2002
ON SITE
1Day
MLS
1512227
You'll love this great open floor plan located in a highly desirable area only minutes to the Snyder Freeway, dining, shopping and medical facilities. The inviting front porch opens to foyer area....
4304 Windward Pl
Louisville, KY 40207
4304 Windward Pl Louisville, KY 40207
1 of 42
$380,000
Subdivision: Windsong
BEDS
4
BATHS
3
SQ.FT.
3,046
BUILT
1992
ON SITE
1Day
MLS
1512229
Open House-Sunday, August 19th 2-4PM.Wonderful opportunity to own a 4 Bedroom, 2 1/2 Bath home in the conveniently located Windsong neighborhood. This Traditional 2 story home boasts spacious rooms...
17401 Curry Branch Rd
Louisville, KY 40245
Open House
17401 Curry Branch Rd Louisville, KY 40245
1 of 45
$285,000
Subdivision: Polo Fields
BEDS
3
BATHS
3
SQ.FT.
2,710
BUILT
2003
ON SITE
1Day
MLS
1512231
Move In Ready 2 Story Home with finished walkout basement.......This home has new flooring in every room and has just been completely painted, including all trim. The kitchen has stainless steel...
1031 Mary St
Louisville, KY 40204
1031 Mary St Louisville, KY 40204
 
$124,950
Subdivision: Germantown
BEDS
2
BATHS
1
SQ.FT.
880
BUILT
2010
ON SITE
1Day
MLS
1512232
Charming house located in sought after Historic Germantown, close to the Highlands. All large rooms including the bathroom. Large storage shed in fenced rear yard. ''Show Great''!! LET'S MAKE A...
508 Auburn Oaks Dr
Louisville, KY 40214
Open House
508 Auburn Oaks Dr Louisville, KY 40214
1 of 30
$199,000
Subdivision: Auburn Oaks
BEDS
3
BATHS
2
SQ.FT.
1,429
BUILT
1996
ON SITE
1Day
MLS
1512233
Honey stop the car!! This gorgeous, completely updated, 3 bedroom, 2 full bath home with an open floor plan in the sought after neighborhood of Auburn Oaks is a must see! Luxury Vinyl Plank flooring...
937 Parkway Dr
Louisville, KY 40217
937 Parkway Dr Louisville, KY 40217
 
$179,900 ( $8,100 )
Subdivision: Zachary Taylor
BEDS
3
BATHS
2
SQ.FT.
1,392
BUILT
1941
ON SITE
1Day
MLS
1507031
Maintenance free siding and freshly painted windows and trim. Very nice 3 bedroom, 1.5 bath in Audubon area. Near St Xavier High School and Audubon Hospital. Lovely hardwood floors in living, dining...
255 Butterfly Ln
Louisville, KY 40229
255 Butterfly Ln Louisville, KY 40229
1 of 16
$175,000
Subdivision: Shadowlawn
BEDS
3
BATHS
2
SQ.FT.
1,324
BUILT
1992
ON SITE
1Day
MLS
1510361
Welcome home to this lovely 3 BR, 2 full bath brick ranch offering over 1300 Sq. Ft. of living space and a 2 car attached garage. Enter to the living room with high, vaulted ceilings. The hallway off...
3705 Marlin Dr
Louisville, KY 40299
3705 Marlin Dr Louisville, KY 40299
1 of 23
$159,900
Subdivision: Charlane Heights
BEDS
5
BATHS
2
SQ.FT.
1,848
BUILT
1955
ON SITE
1Day
MLS
1512235
Welcome Home to 3705 Marlin Drive! This fine home features 5 Bedrooms, 1 & 1/2 Baths, and is situated on a spacious corner lot. There are 2 large family rooms, one up and one in the finished basement....
11808 Garr Ave
Louisville, KY 40223
Open House
11808 Garr Ave Louisville, KY 40223
1 of 44
$419,900
Subdivision: N/A
BEDS
3
BATHS
2
SQ.FT.
1,860
BUILT
1955
ON SITE
1Day
MLS
1512237
Near Anchorage & Tom Sawyer Park ! Brick 3 bed / 2 bath ranch on .64 ac private , wooded lot backing up to 15 private ac. in Anchorage. The same owner for 55 years. Walk or ride your bike to Tom...
10115 Stonestreet Rd
Louisville, KY 40272
10115 Stonestreet Rd Louisville, KY 40272
1 of 18
$154,900
Subdivision: Prairie Village
BEDS
3
BATHS
2
SQ.FT.
1,941
BUILT
1965
ON SITE
1Day
MLS
1512238
Dont miss this great opportunity to own a HUGE ranch house! Over 1900sqft of living space on one level with another 1900sqft in the basement unfinished. There are hardwoods through the house. A...
8010 Poinsettia Dr
Louisville, KY 40258
Open House
8010 Poinsettia Dr Louisville, KY 40258
1 of 20
$162,500
Subdivision: Shacklette Acres
BEDS
3
BATHS
2
SQ.FT.
2,228
BUILT
1959
ON SITE
1Day
MLS
1512239
Do you believe in love at first sight? We found it in this recently updated bedford stone home located in the south end! This 3 BR, 2 BA ranch has LOADS of storage space, beautiful landscaping, and a...
1564 S 9Th St
Louisville, KY 40208
1564 S 9Th St Louisville, KY 40208
1 of 5
$14,900
Subdivision: N/A
BEDS
2
BATHS
2
SQ.FT.
1,600
BUILT
118
ON SITE
1Day
MLS
1512241
No access at this time. As-is, where-is. 2 Story frame house, currently set up as a duplex with a 1 bedroom apartment on each floor. Could easily be a 4/2 if switched back to a single family home....

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