Key takeaways
- Louisville is Kentucky’s largest city, making its housing market a bit more competitive than other parts of the state.
- Homes in Louisville sell quickly, and often slightly above listing price.
- The housing market in Louisville is currently balanced for both buyers and sellers. Property values remain within an affordable range, though they are increasing over time.
Top Real Estate Agents In Louisville
If you’re looking for urban convenience, great schools, and affordable homes—Kentucky’s largest city is the place for you. Louisville, Kentucky is a beautiful city full of art, history, and not to mention, high-quality bourbon.
Being Kentucky’s biggest metropolitan area, buyers and sellers will need the help of an experienced Louisville realtor. With professional help and a little insider knowledge of your own, you’ll be able to navigate Louisville’s diverse neighborhoods and bring your real estate dreams to life.
Louisville’s Housing Market
Median household income
$53,436
Average home price
$200,000
Average days on market
27
To assist your real estate search, you’ll need some reference to Louisville’s housing market. Along with the help of a realtor in Louisville KY, here are the facts buyers and sellers should know:
- According to the 2019 census, the median household income in Louisville is $53,436—slightly lower than the national average of $61,937.
- Louisville’s average home price is just above $200,0000. While this price is lower than the national average, it’s also a 9.5% increase from the previous year—making an ideal market for both buyers and sellers.
- Homes in Louisville spend an average of 27 days on the market, which is fairly quick compared to other cities in the country.
Best Buyer Agents In Louisville
Though home prices are affordable, Louisville’s housing market is highly competitive. By hiring the right realtor in Louisville, home buyers will increase their chances of closing on their dream home.
Buyers can fill out the form to discover a top agent in the area. Here are just a few of the realtors you may work with:
Maggie Terry
A lifelong Kentucky resident, Maggie Terry helps buyers with her knowledge of Louisville neighborhoods and friendly customer service skills. Maggie has 17 years of experience in real estate and consistently receives five-star reviews. She specializes in first-time home buyers and relocation services.
Bart Medlock
With over 80 positive reviews, Bart Medlock is one of the premier real estate agents in Louisville. Bart specializes in first-time home buyers, single family homes, and financing assistance.
Santana Davis
Santana Davis is a top buyer agent for the Louisville metro area. Since 2018, she has earned 35 five-star reviews. As a buyer agent, she has been praised for her problem-solving skills and consistent communication with clients.
Best Seller Agents In Louisville
With property values rising, now is the perfect time for Louisville homeowners to begin the process of selling. Using an experienced seller agent, you may be able to earn more than your home’s listing price.
By filling out our sellers form, you’ll be paired with an agent who can meet your listing needs. Below are some highly-rated Louisville area realtors you may work with:
Bob Sokoler
Bob Sokoler is a Re/Max realtor and owner of The Sokoler Medley Team. He specializes in land and property sales, single and multi-family homes, and short-sales. He has been ranked the #1 seller in Louisville for 7 years in a row.
Mark Naber
As one of the top-tier Louisville agents, Mark Naber has received consistent five-star reviews. Sellers rave about his professionalism, knowledge of the Louisville area, and ability to close a deal.
Jay Pitts
A premier realtor, Jay Pitts has 17 years of real estate experience. Not only is he a licensed agent, but he also brings his previous work as a broker, owner, and property manager to the table. With 68 sales in the past 12 months, and nearly 600 positive reviews, Jay is a Louisville realtor that sellers can depend on.
Get To Know Louisville
Before you call yourself a true Louisvillian, you’ll need to know a bit more about the area. Take a moment to learn the basics about Louisville before you head into the real estate game:
The census estimates Louisville’s population at 617,638—an increase of over 20,000 since 2010.
Some of the biggest employers in the Louisville metro area are UPS, the Jefferson County School District, and Ford Motor Company.
There are three public school districts in Louisville: Jefferson County School District, Bullitt County School District, and Kentucky School for the Blind. Within these districts, Louisville has 185 elementary schools, 127 middle schools, and 80 high schools.
The #1 ranking hospital in the city is Baptist Health of Louisville. Among the 22 healthcare facilities in the area, other highly rated medical centers include Norton Hospital and the University of Louisville Health-Jewish Hospital.
Louisville falls considerably higher on the tornado index than the rest of the United States. The city is also slightly higher on the earthquake index compared to the statewide average.
Fans of imbibing can take one of Kentucky’s famous bourbon tours, including the Urban Bourbon Trail and the Kentucky Bourbon Trail. For some livelier entertainment, check out Fourth Street Live in downtown Louisville for delicious food and live music.
Hottest Zip Codes
Every neighborhood is going to pose its own benefits and challenges when it comes to real estate. If you’re new to the Louisville area, here are a few of the most popular zip codes to help kick off your house hunt:
40059
Rated the #1 zip code in Louisville by Niche, Prospect is a suburb within the city’s metro area. This neighborhood is considered highly rated for its nearby schools, booming job market, and high-end homes. The median property value in this neighborhood is a bit higher than Louisville’s average, at $429,800.
40206
Also known as Cherokee Gardens, this zip code is considered one of the best places to live in Louisville. Despite its sparse suburban feel, Cherokee Gardens is conveniently located near a number of bars, restaurants, and public parks.
40202
Homeowners who want to be where the action is will love downtown Louisville. With close proximity to food and shopping, downtown is by far the most exciting zip code in the area. Unlike other U.S. cities, residents of Louisville can find plenty of houses for sale in the downtown area—with median prices falling at $282,000.
Find Your Louisville Real Estate Agent
Knowledge of the housing market is important, but the right realtor is going to make the biggest difference at the end of the day. Let us know whether you’re buying or selling property on our form, and you can quickly discover the best realtor in Louisville KY to help you reach your goals.