The housing market in Louisville, TN is booming with a median value of $378,200, which is significantly higher than the US House Median Value of $338,100. The US House Appreciation for the past year was 8.27%, however, the 1 year house appreciation in Louisville, TN was even better at 20.50%. This means that homes in Louisville are appreciating more quickly than the national rate and that investing in real estate here may be a wise decision. With its growing economy and attractive housing prices, Louisville is an increasingly popular destination for potential homeowners.
The median home cost in Louisville is $378,200. Home appreciation the last 10 years has been 106.4%. Home Appreciation in Louisville is up 25.0%.
Average Age of Homes
- The median age of Louisville real estate is 27 years old
The Rental Market in Louisville
- Renters make up 12.4% of the Louisville population
- 0.0% 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.