Is Louisville, KY 40216 a buyer’s or seller’s market?
Louisville is a seller’s market. With about 2.9 months of supply and 27% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply2.9Under 4 months = seller’s market
Sold above original list27.3%Share of sales, last 3 months
Median sale-to-list98.7%Sold price ÷ list price
Median days on market38Listing to accepted offer
Median price per sq ft$150▲ +7.8% vs. last year
Run the numbers for 40216
Nearby markets
Fairdale 40118Seller’s market $166 /sq ftFisherville 40023Seller’s market $184 /sq ftGlenview 40025Seller’s market $296 /sq ftLouisville 40202Buyer’s market $258 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology