Housing in Louisville-Jefferson County, KY is quite affordable compared to the national median value of $338,100. The median value for houses in this area is currently $229,700. The one year house appreciation rate in Louisville-Jefferson County, KY is 9.87%, which is higher than the US average of 8.27%. This indicates that housing prices in this area are increasing steadily and could be a good investment opportunity for potential homeowners.
The median home cost in Louisville is $229,700. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Louisville is up 11.7%.
Average Age of Homes
- The median age of Louisville real estate is 49 years old
The Rental Market in Louisville
- Renters make up 35.1% of the Louisville population
- 2.7% of houses and apartments in Louisville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.