Top Mega Teams in Louisville, Kentucky – Ranked by Volume

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2022 Market Summary

Louisville, Kentucky started 2022 with a total of 806 single-family homes on the market, with a median home price of $218,250 and an average price per square foot of $148. By the end of the year, inventory had increased to 883 homes on the market (+9%), with a median home price of $250,000 (+14%) and an average price per square foot of $154 (+4%).

At the start of 2022, the median days on market (DOM) was 42 days – by the end of the year, median DOM had increased to 56 days.

Louisville started the year with 34% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 49% of Louisville homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Louisville started 2022 as a strong seller’s market, with an MAI score of 45; by the end of the year, the MAI had dropped to 39 – a slight seller’s advantage.

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