Cities with the most expensive homes in Louisville metro area

Published 12:31 pm Tuesday, June 21, 2022

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Cities with the most expensive homes in Louisville metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. Given the current state of the real estate market, housing affordability plays a determining role for buyers. As of June 17, 2022, the 30-year fixed mortgage rate sits at 6.25%. As a result of higher mortgage rates across the board, home prices have risen significantly. The typical home value in the United States increased over the last year by +20.9% to $334,141.

Although home prices have inflated all across the U.S., there are definitely certain areas that have a higher price tag than others. Location, size, age, and condition are all contributing factors to home value. Whether you choose to hold off your home-buying plans in hopes of the market cooling down or are looking to buy ASAP, it’s good to educate yourself on the market in different cities.

Stacker compiled a list of cities with the most expensive homes in Louisville using data from Zillow. Cities are ranked by the Zillow Home Values Index for all homes as of May 2022. Cities with at least three years of historical data were included. The charts in this story were created automatically using Matplotlib.

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#30. Memphis, IN

– Typical home value: $256,152
– 1-year price change: +16.2%
– 5-year price change: +55.1%

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#29. Charlestown, IN

– Typical home value: $257,866
– 1-year price change: +17.1%
– 5-year price change: +57.1%

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#28. Shelbyville, KY

– Typical home value: $262,804
– 1-year price change: +17.3%
– 5-year price change: +50.6%

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#27. Sellersburg, IN

– Typical home value: $266,620
– 1-year price change: +15.9%
– 5-year price change: +54.1%

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#26. Pioneer Village, KY

– Typical home value: $267,266
– 1-year price change: +17.5%
– 5-year price change: +60.7%

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#25. Brooks, KY

– Typical home value: $276,313
– 1-year price change: +22.8%
– 5-year price change: +67.9%

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#24. Pendleton, KY

– Typical home value: $276,802
– 1-year price change: +15.3%
– 5-year price change: +45.7%

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#23. Smithfield, KY

– Typical home value: $279,706
– 1-year price change: +16.1%
– 5-year price change: +45.6%

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#22. Hollow Creek, KY

– Typical home value: $285,629
– 1-year price change: +14.2%
– 5-year price change: +44.9%

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#21. Jeffersontown, KY

– Typical home value: $288,580
– 1-year price change: +12.0%
– 5-year price change: +41.4%

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#20. Lanesville, IN

– Typical home value: $290,598
– 1-year price change: +14.9%
– 5-year price change: +58.2%

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#19. Mount Washington, KY

– Typical home value: $292,151
– 1-year price change: +17.1%
– 5-year price change: +58.7%

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#18. Taylorsville, KY

– Typical home value: $297,344
– 1-year price change: +14.6%
– 5-year price change: +46.0%

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#17. Pewee Valley, KY

– Typical home value: $305,259
– 1-year price change: +10.5%
– 5-year price change: +35.4%

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#16. Georgetown, IN

– Typical home value: $306,022
– 1-year price change: +16.1%
– 5-year price change: +55.1%

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#15. Spring Mill, KY

– Typical home value: $307,926
– 1-year price change: +15.2%
– 5-year price change: +52.9%

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#14. Greenville, IN

– Typical home value: $314,642
– 1-year price change: +15.3%
– 5-year price change: +54.7%

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#13. Hebron Estates, KY

– Typical home value: $316,961
– 1-year price change: +13.4%
– 5-year price change: +57.2%

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#12. La Grange, KY

– Typical home value: $330,957
– 1-year price change: +10.9%
– 5-year price change: +36.7%

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#11. Fox Chase, KY

– Typical home value: $344,983
– 1-year price change: +12.0%
– 5-year price change: +52.3%

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#10. Audubon Park, KY

– Typical home value: $350,956
– 1-year price change: +9.4%
– 5-year price change: +31.4%

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#9. Simpsonville, KY

– Typical home value: $356,150
– 1-year price change: +16.9%
– 5-year price change: +50.9%

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#8. Floyds Knobs, IN

– Typical home value: $359,922
– 1-year price change: +16.9%
– 5-year price change: +51.7%

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#7. Buckner, KY

– Typical home value: $407,323
– 1-year price change: +14.3%
– 5-year price change: +38.1%

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#6. River Bluff, KY

– Typical home value: $407,518
– 1-year price change: +9.3%
– 5-year price change: +34.2%

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#5. Crestwood, KY

– Typical home value: $409,138
– 1-year price change: +12.8%
– 5-year price change: +34.9%

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#4. Goshen, KY

– Typical home value: $411,551
– 1-year price change: +12.5%
– 5-year price change: +32.2%

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#3. Finchville, KY

– Typical home value: $417,921
– 1-year price change: +16.7%
– 5-year price change: +49.3%

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#2. Northfield, KY

– Typical home value: $554,487
– 1-year price change: +15.2%
– 5-year price change: +42.9%

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#1. Prospect, KY

– Typical home value: $574,151
– 1-year price change: +15.0%
– 5-year price change: +34.5%