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Most Expensive Neighborhoods in Louisville Kentucky

It’s that time of year again! This is one of my favorite articles to write, not exactly sure why. Maybe it’s the competitor in me that enjoys watching how the most expensive neighborhoods in Louisville Kentucky battle it out for top billing.

In 2013, Spring Farm took home first place. The following year it was Glenview. Last year, Harrod’s Glen landed in the top spot… what will it be this year?

Stay tuned and you’ll find out!

Most Expensive Neighborhoods in Louisville Kentucky

If we included all homes sold in Jefferson County during 2016, there’d be 12,234 units. Once we add the parameter of the sold price being $500,000 or more, the list reduces to 470. In 2015, that number was 415 so we can see once again that 2016 was an amazing year for home sales in Louisville.

As you might expect, most homes in our results are closer to $500,000 than the million-dollar mark. Of the 31 Louisville neighborhoods that made the cut, nine of them have an average sold price under $600,000. Then, the next 16 neighborhoods land between $600,000 and $700,000 for an average sale price.

[Full disclosure, because their homes in some of these neighborhoods sold under $500,000, the averages reflected here are not true averages. It’s simply that it would take three times longer to crunch all the numbers if I included every sale. Thank you for understanding.]

Norton Commons is the neighborhood with the most homes that sold for more than a half-million dollars with a whopping 58. Their average sale price was $658,540, good enough for 14th in our rankings.

Louisville’s largest neighborhood, Lake Forest, had 45 sales, the second-most in this year’s survey. That puts this neighborhood on the 19th, with an average sale price of $619,489.

Now, on to our top 10 most expensive neighborhoods in Louisville Kentucky for 2016.

#10 Rolling Fields

Sales over $500,000 in 2016: 6 | Average Sale Price: $677,917

Photo of Rolling Hills home in Most Expensive Neighborhoods in Louisville Kentucky
Rolling Hills had six homes in this year’s survey, this estate home truly bringing up their average. | Copyright Listing Broker

#9 Cherokee Triangle

Sales over $500,000 in 2016: 11 | Average Sale Price: $688,500

Photo of Cherokee Triangle home in Most Expensive Neighborhoods in Louisville Kentucky
This amazing house on a hill can be found in the Cherokee Triangle, where there’s a wide range of architectural styles. | Copyright Listing Broker

#8 Estates of Hunting Creek

Sales over $500,000 in 2016: 3 | Average Sale Price: $694,167

Photo of Hunting Creek home in Most Expensive Neighborhoods in Louisville Kentucky
As you might expect, homes in the Estate section of Hunting Creek are more expensive than those found in the rest of the neighborhood. | Copyright Listing Broker

#7 Indian Hills

Sales over $500,000 in 2016: 18 | Average Sale Price: $697,603

Photo of Indian Hills home in Most Expensive Neighborhoods in Louisville Kentucky
Some of Louisville’s most classic, estate homes can be found in Indian Hills. This one is certainly charming. | Copyright Listing Broker

#6 Innisbrook

Sales over $500,000 in 2016: 4 | Average Sale Price: $705,685

Photo of Innisbrook home in Most Expensive Neighborhoods in Louisville Kentucky
Innisbrook is a smaller neighborhood in Prospect that butts up to Sutherland, another high-end neighborhood. | Copyright Listing Broker

#5 Oxmoor Woods

Sales over $500,000 in 2016: 3 | Average Sale Price: $718,167

Photo of Oxmoor Woods home in Most Expensive Neighborhoods in Louisville Kentucky
Near Hurstbourne, Oxmoor Woods has one of the most central locations in all of Louisville. | Copyright Listing Broker

#4 Cherokee Gardens

Sales over $500,000 in 2016: 11 | Average Sale Price: $768,582

Photo of Cherokee Gardens home in Most Expensive Neighborhoods in Louisville Kentucky
After making the top 10 in 2013, Cherokee Gardens didn’t return to our rankings until this year. Just look at this incredible home! | Copyright Listing Broker

#3 Anchorage

Sales over $500,000 in 2016: 21 | Average Sale Price: $780,427

Photo of Anchorage home in Most Expensive Neighborhoods in Louisville Kentucky
There’s not a great deal of newer homes in Anchorage but this one is stunning and… it sits on more than 3 acres! | Copyright Listing Broker

#2 Mockingbird Valley

Sales over $500,000 in 2016: 7 | Average Sale Price: $889,393

Photo of Mockingbird Valley home in Most Expensive Neighborhoods in Louisville Kentucky
Mockingbird Valley is a fixture in our rankings of Louisville’s most expensive neighborhoods. Homes like this one tell you why. | Copyright Listing Broker

#1 Glenview

Sales over $500,000 in 2016: 3 | Average Sale Price: $1,062,333

Photo of Glenview home in Most Expensive Neighborhoods in Louisville Kentucky
With two of the three sales in 2016 over $1 million, Glenview once again takes home top honors as the most expensive neighborhood in Louisville Kentucky. | Copyright Listing Broker

For those keeping score at home, here are the top 10 ranked Louisville neighborhoods for the past four years.

 2016201520142013
1GlenviewHarrod’s GlenGlenviewSpring Farm
2Mockingbird ValleyCherokee HillsMockingbird ValleyGlenview
3AnchorageSpring Farm PlaceGlenview AcresMockingbird Valley
4Cherokee GardensSpring Farm LakeBonniewoodBonnycastle
5Oxmoor WoodsGlenviewMockingbird GardensAnchorage Woods
6InnisbrookAnchorageAnchorageMockingbird Gardens
7Indian HillsCherokee TriangleIndian HillsIndian Hills
8Hunting CreekIndian HillsWoodstoneCherokee Gardens
9Cherokee TriangleLake ForestSutherlandAnchorage
10Rolling FieldsMockingbird GardensRolling FieldsHurstbourne

If you have any questions about this piece or anything in the world of real estate for that matter, please feel comfortable contacting me. I’m always happy to help!

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