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Cities with the fastest growing home prices in Louisville metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Louisville/Jefferson County, KY metro area using data from Zillow. Cities are ranked by 1-year price change as of July 2022. The typical home value in the United States increased over the last year by +19.8% to $354,165. Data was available for 84 cities and towns in Louisville.

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Stacker

#30. River Bluff, KY

– 1-year price change: +$29,992 (+7.8%)
– 5-year price change: +$114,262 (+37.8%)
– Typical home value: $416,443 (#6 most expensive city in metro)

Stacker

#29. Henryville, IN

– 1-year price change: +$30,361 (+13.4%)
– 5-year price change: +$94,707 (+58.2%)
– Typical home value: $257,378 (#33 most expensive city in metro)

Stacker

#28. Sellersburg, IN

– 1-year price change: +$31,518 (+13.1%)
– 5-year price change: +$95,974 (+54.8%)
– Typical home value: $271,224 (#26 most expensive city in metro)

Stacker

#27. New Washington, IN

– 1-year price change: +$31,593 (+18.4%)
– 5-year price change: +$83,689 (+69.8%)
– Typical home value: $203,590 (#53 most expensive city in metro)

Stacker

#26. Hollow Creek, KY

– 1-year price change: +$31,752 (+12.4%)
– 5-year price change: +$86,107 (+42.8%)
– Typical home value: $287,327 (#22 most expensive city in metro)

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Stacker

#25. Pioneer Village, KY

– 1-year price change: +$32,206 (+13.8%)
– 5-year price change: +$99,884 (+60.2%)
– Typical home value: $265,838 (#28 most expensive city in metro)

Stacker

#24. Hebron Estates, KY

– 1-year price change: +$32,681 (+11.3%)
– 5-year price change: +$118,281 (+58.2%)
– Typical home value: $321,435 (#13 most expensive city in metro)

Stacker

#23. Charlestown, IN

– 1-year price change: +$32,708 (+14.2%)
– 5-year price change: +$96,103 (+57.3%)
– Typical home value: $263,717 (#29 most expensive city in metro)

Stacker

#22. Spring Mill, KY

– 1-year price change: +$34,619 (+12.6%)
– 5-year price change: +$105,431 (+51.7%)
– Typical home value: $309,398 (#17 most expensive city in metro)

Stacker

#21. Westport, KY

– 1-year price change: +$35,138 (+16.3%)
– 5-year price change: +$78,878 (+45.9%)
– Typical home value: $250,720 (#35 most expensive city in metro)

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Stacker

#20. Pendleton, KY

– 1-year price change: +$36,199 (+14.6%)
– 5-year price change: +$90,461 (+46.9%)
– Typical home value: $283,361 (#24 most expensive city in metro)

Stacker

#19. Mount Washington, KY

– 1-year price change: +$36,571 (+14.2%)
– 5-year price change: +$109,490 (+59.1%)
– Typical home value: $294,663 (#20 most expensive city in metro)

Stacker

#18. Shelbyville, KY

– 1-year price change: +$36,651 (+15.9%)
– 5-year price change: +$91,370 (+51.8%)
– Typical home value: $267,658 (#27 most expensive city in metro)

Stacker

#17. Taylorsville, KY

– 1-year price change: +$36,845 (+13.9%)
– 5-year price change: +$96,370 (+46.9%)
– Typical home value: $301,710 (#18 most expensive city in metro)

Stacker

#16. Lanesville, IN

– 1-year price change: +$37,026 (+14.3%)
– 5-year price change: +$109,911 (+58.8%)
– Typical home value: $296,796 (#19 most expensive city in metro)

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Stacker

#15. Bagdad, KY

– 1-year price change: +$37,081 (+16.6%)
– 5-year price change: +$99,201 (+61.3%)
– Typical home value: $261,002 (#31 most expensive city in metro)

Stacker

#14. Smithfield, KY

– 1-year price change: +$37,319 (+15.1%)
– 5-year price change: +$89,282 (+45.7%)
– Typical home value: $284,511 (#23 most expensive city in metro)

Stacker

#13. Crestwood, KY

– 1-year price change: +$37,612 (+9.8%)
– 5-year price change: +$111,306 (+36.1%)
– Typical home value: $419,462 (#5 most expensive city in metro)

Stacker

#12. Waddy, KY

– 1-year price change: +$37,705 (+17.7%)
– 5-year price change: +$86,449 (+52.5%)
– Typical home value: $251,099 (#34 most expensive city in metro)

Stacker

#11. Brooks, KY

– 1-year price change: +$38,262 (+16.2%)
– 5-year price change: +$110,274 (+66.9%)
– Typical home value: $274,996 (#25 most expensive city in metro)

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#10. Greenville, IN

– 1-year price change: +$39,015 (+14.0%)
– 5-year price change: +$113,116 (+55.4%)
– Typical home value: $317,184 (#14 most expensive city in metro)

Stacker

#9. Georgetown, IN

– 1-year price change: +$41,128 (+15.2%)
– 5-year price change: +$112,150 (+56.4%)
– Typical home value: $310,900 (#16 most expensive city in metro)

Stacker

#8. Goshen, KY

– 1-year price change: +$41,424 (+10.9%)
– 5-year price change: +$107,683 (+34.3%)
– Typical home value: $421,929 (#4 most expensive city in metro)

Stacker

#7. Lebanon Junction, KY

– 1-year price change: +$42,507 (+22.5%)
– 5-year price change: +$100,530 (+76.8%)
– Typical home value: $231,347 (#39 most expensive city in metro)

Stacker

#6. Buckner, KY

– 1-year price change: +$44,515 (+12.0%)
– 5-year price change: +$114,200 (+38.0%)
– Typical home value: $414,743 (#7 most expensive city in metro)

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Stacker

#5. Floyds Knobs, IN

– 1-year price change: +$47,336 (+15.0%)
– 5-year price change: +$126,254 (+53.3%)
– Typical home value: $362,992 (#9 most expensive city in metro)

Stacker

#4. Simpsonville, KY

– 1-year price change: +$48,564 (+15.4%)
– 5-year price change: +$124,097 (+51.9%)
– Typical home value: $363,188 (#8 most expensive city in metro)

Stacker

#3. Finchville, KY

– 1-year price change: +$57,119 (+15.6%)
– 5-year price change: +$142,188 (+50.5%)
– Typical home value: $423,826 (#3 most expensive city in metro)

Stacker

#2. Northfield, KY

– 1-year price change: +$63,495 (+12.7%)
– 5-year price change: +$168,441 (+42.7%)
– Typical home value: $562,487 (#2 most expensive city in metro)

Stacker

#1. Prospect, KY

– 1-year price change: +$70,916 (+13.8%)
– 5-year price change: +$153,951 (+35.7%)
– Typical home value: $584,731 (#1 most expensive city in metro)

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