The housing market in Louisville, NY is strong and continues to appreciate. The median value of a house in Louisville is $185,400, which is lower than the US median value of $338,100. However, the 1 year appreciation rate for houses in Louisville is 9.27%, which is higher than the US 1 year house appreciation rate of 8.27%. This suggests that the housing market in Louisville is healthy and will likely continue to benefit people who purchase homes there.
The median home cost in Louisville is $185,400. Home appreciation the last 10 years has been 30.9%. Home Appreciation in Louisville is up 11.4%.
Average Age of Homes
- The median age of Louisville real estate is 44 years old
The Rental Market in Louisville
- Renters make up 20.8% of the Louisville population
- 2.9% 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.