Louisville, Kentucky, January 1, 2026
In 2025, Louisville’s housing market saw significant changes with a 34.8% increase in inventory and steady price growth. November median sales prices rose to $293,500, reflecting resilient demand despite a slight decline in closed sales. Homes averaged 49 days on the market, and sellers received 98% of the list price, showing competitive conditions. Overall, the market is moving closer to balance, providing more options for buyers while maintaining strong pricing for sellers.
Louisville’s 2025 Housing Market Year in Review
Louisville, Kentucky – In 2025, Louisville’s housing market experienced a shift towards balance, characterized by increased inventory and steady price growth. The Greater Louisville Association of Realtors (GLAR) reported a 34.8% rise in housing inventory by September, reaching 3,782 homes available for sale. This surge brought the months’ supply of inventory to 3.1 months, up from 2.3 months in September 2024, indicating a move closer to a balanced market. A balanced market typically has six to nine months of inventory.
Throughout the year, home prices remained resilient. In November, the median sale price rose to $293,500, marking a 4.8% increase from the previous year. The average sale price climbed 8.1% year-over-year to $359,246, reflecting sustained demand across various price points.
Despite the rise in inventory, closed sales experienced a slight decline. In November, there were 1,070 closed sales, an 8.2% decrease compared to the same month in 2024. However, year-to-date closed sales were up 2.6%, signaling overall market stability as the year concluded.
Homes spent an average of 49 days on the market in November, up from 43 days in November 2024. Sellers received an average of 98.0% of the list price, indicating competitive conditions despite a moderating pace.
In summary, Louisville’s housing market in 2025 demonstrated a transition towards balance, with increased inventory and steady price appreciation, offering more options for buyers while maintaining strong pricing for sellers.
Key Features of Louisville’s 2025 Housing Market
| Metric | November 2025 | Change from Previous Year |
|---|---|---|
| Median Sale Price | $293,500 | +4.8% |
| Average Sale Price | $359,246 | +8.1% |
| Closed Sales | 1,070 | -8.2% |
| Average Days on Market | 49 | +6 days |
| Percentage of List Price Received | 98.0% | +0.6% |
| Months’ Supply of Inventory | 3.1 months | +0.7 months |
Frequently Asked Questions (FAQ)
What was the median sale price in Louisville’s housing market in November 2025?
The median sale price in November 2025 was $293,500, marking a 4.8% increase from the previous year.
How did the number of closed sales in November 2025 compare to November 2024?
In November 2025, there were 1,070 closed sales, an 8.2% decrease compared to the same month in 2024.
What was the average number of days homes spent on the market in November 2025?
Homes spent an average of 49 days on the market in November 2025, up from 43 days in November 2024.
What percentage of the list price did sellers receive on average in November 2025?
Sellers received an average of 98.0% of the list price in November 2025, indicating competitive market conditions.
How did the months’ supply of inventory change in September 2025 compared to September 2024?
The months’ supply of inventory in September 2025 increased to 3.1 months, up from 2.3 months in September 2024, moving the market closer to a balanced state.
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