Welcome to our new and improved Downtown Louisville Homes Report! In this report, we cover the average home sales price and the number of homes sold in Downtown Louisville and surrounding areas. Previously, I used median sale price (which is better for math reasons) but switched to average sale price because that’s a value more people are familiar with.
This Downtown Louisville Homes Report covers all the homes located within the area defined by the Louisville Association of Realtors (GLAR) as Louisville MLS Area 0 (see the map). I include the following Louisville neighborhoods and condo buildings:
- Butchertown
- Central Downtown District
- Falls City Lofts
- Fleur De Lis
- Germantown
- Interpark
- Limerick
- Mercantile Lofts
- Nulu Lofts
- Old Louisville
- Paristown Pointe
- Phoenix Hill
- Shelby Park
- Smoketown
- Southern Baptist Seminary
- The Levy
- Waterfront Park Place
Other neighborhoods and subdivisions besides those listed are also included. Check out Best Louisville Neighborhoods for more information about the nicest neighborhoods in the greater Louisville, Kentucky area.
Downtown Louisville Homes Report
Now let’s look at the average home sales price and the number of homes sold in Downtown Louisville and surrounding areas within Louisville, Kentucky.
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 to get a better feel for the area’s size.
- 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 I publish here. Having access to this accurate, current information gives you control. This helps you make the best possible decision in your home-buying transaction. If you have any questions, please contact Tre Pryor as I would love to work with you on achieving your real estate goals.
Would you like to use one of our graphics? There are two conditions. First, do not modify the graphic. Second, cite Tre Pryor as the author by providing a link back to this website.
We also have Average Home Price in Louisville KY and the Louisville Home Sales Chart updated monthly.
Downtown Louisville Kentucky Summary
Downtown Louisville, Kentucky, serves as the vibrant heart of the city and is a hub of culture, commerce, and entertainment in the region. Situated along the banks of the Ohio River in north-central Kentucky, downtown Louisville is centrally located within the state and serves as the largest city in Kentucky. The downtown area covers approximately 6 square miles and is home to a diverse population of around 70,000 residents. Beyond its residential population, downtown Louisville draws countless visitors and workers daily, contributing to its dynamic and bustling atmosphere.
One of the most noteworthy features of downtown Louisville is its rich cultural scene and iconic landmarks. The city is renowned for the Kentucky Derby, held annually at Churchill Downs, which attracts visitors from around the world. Downtown Louisville is also known for its historic architecture, including the Louisville Slugger Museum & Factory, showcasing the history of baseball in Louisville, and the Muhammad Ali Center, honoring the legendary boxer and humanitarian. The downtown area offers a vibrant arts and entertainment district, with theaters, galleries, restaurants, and bars catering to diverse tastes and interests. Additionally, downtown Louisville hosts numerous festivals and events throughout the year, celebrating its heritage and fostering a sense of community among residents and visitors alike.