The Downtown Louisville housing market is somewhat competitive. The median sale price of a home in Downtown Louisville was $277K last month, down 7.8% since last year. The median sale price per square foot in Downtown Louisville is $245, down 9.26% since last year.
What is the housing market like in Downtown Louisville today?
In March 2024, Downtown Louisville home prices were down 7.8% compared to last year, selling for a median price of $277K. On average, homes in Downtown Louisville sell after 64 days on the market compared to 96 days last year. There were 10 homes sold in March this year, down from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$276,500
-7.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Louisville, KY
$276,500
-7.8%
United States
To compare other locations to the Downtown Louisville and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Louisville add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Downtown Louisville housing market?
Downtown Louisville is somewhat competitive. Homes sell in 47 days.
0
100
48
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 47 days.
Hot homes
can sell for around list price and go pending in around 22 days.
Learn about schools in the Downtown Louisville area
Elementary
Middle
High
Homes in this area are served by the Jefferson County.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
J. Graham Brown School
Public • K-12
729
Students
14 reviews
5/10
Lincoln Elementary Performing Arts
Public • K-5
567
Students
11 reviews
1/10
Breckinridge/franklin Elementary School
Public • K-5
477
Students
6 reviews
NR
Jefferson Technical College
Public • N/A
-
Students
N/A
NR
Kentucky Tech - Jefferson Campus
Public • N/A
-
Students
N/A
Only showing 5 of
9 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Louisville housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Louisville.
Risk Factor
Flood Factor - Major
29% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Louisville has a major risk of flooding. 537 properties in Downtown Louisville are likely to be
severely affected
by flooding over the next 30 years. This represents 29% of all properties in Downtown Louisville. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Louisville has a minor risk of wildfire. There are 2 properties in Downtown Louisville that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Downtown Louisville.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Louisville has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Louisville is most at risk from hurricanes. 3,283 properties in Downtown Louisville have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 51 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 58 mph.
99% of properties are at major
risk of heat over the next 30 years
Heat Factor
Downtown Louisville has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Downtown Louisville have a Major Heat Factor®.
Downtown Louisville is expected to see a 171% increase in the number of days over 104ºF over the next 30 years. Downtown Louisville is expected to experience 6