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Featured local agent — Louisville, OH
Sarah Mitchell
Compass Real Estate · Louisville, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Louisville, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$222,500median sale price
How is the Louisville, OH housing market right now?
The median home sale price in Louisville, OH is $222,500, down 1.6% year-over-year. Homes sell in an average of 14 days with 12 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Louisville a buyer's or seller's market?
Louisville, OH is currently a seller's market, based on 0.9 months of supply and homes selling in about 14 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
14
Fast-moving
Active listings
12
0.9 months supply
Sale-to-list
100.0%
Below asking
What does the Louisville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $222,500 |
| Median list price | $264,900 |
| Year-over-year price change | -1.6% |
| Average days on market | 14 days |
| Active inventory | 12 listings |
| Months of supply | 0.9 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $165/sq ft |
| Homes sold (latest month) | 13 |
| New listings (latest month) | 9 |
| Listings with a price cut | 8.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Louisville by property type?
How the Louisville, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $231,250 | $164/sq ft | 12 | 14 days |
| Condo / Co-op | $210,000 | $165/sq ft | 1 | 56 days |
| Townhouse | $244,495 | $130/sq ft | 2 | 271 days |
Source: Redfin · Updated monthly
The Louisville housing market is currently classified as a seller's market with a median sale price of $222,500. Prices have fallen 1.6% compared to last year, with homes spending an average of 14 days on market, indicating 0.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.3x provides context for how home values compare to local earning capacity.
Homes for sale in Louisville
There are currently 12 homes listed for sale in Louisville, Ohio. The median listing price is $265K.
Active listings
12
Homes on market
Median list price
$265K
Avg. days on market
14
Days until sale
New this week
9
Newly listed
Who lives in Louisville?
Population
9,560
Median income
$58,269/yr
Median age
40.8 years
Owner-occupied
61.9%
College grads
23.2%
Avg commute
20.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Louisville?
Zillow home value
$250,215
Zillow rent index
$1,725/mo
Price-to-rent ratio
12.1x
Price-to-income
4.3x
Source: Zillow Research
What is it like to live in Louisville?
Louisville is a community of approximately 10K residents with a median age of 40.8 years.The median household income is $58,269, which represents a working-class community with solid middle-income opportunities. 23.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 61.9%, showing a blend of owner and renter-occupied properties. The average commute time is 20.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Louisville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Louisville?
5 schools tracked · 2,990 students
The largest public schools serving Louisville, OH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Louisville Elementary School
Grades K-5 · 971 students
Louisville High School
Grades 9-12 · 778 students
Louisville Middle School
Grades 6-8 · 643 students
North Nimishillen Elementary School
Grades PK-2 · 385 students
Marlboro Elementary
Grades K-5 · 213 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Louisville, OH?
Want a head-to-head view? Compare Louisville side-by-side with any other U.S. city using our market-comparison tool.
Is Louisville a good real estate investment market?
For investors evaluating Louisville, the price-to-rent ratio of 12.1x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 1.6% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Louisville's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Louisville's median home price.
Frequently asked questions
What is the average home price in Louisville?
The median home sale price in Louisville is $222,500, down 1.6% from last year.
How long do homes stay on market in Louisville?
Homes typically spend 14 days on market before going under contract.
What is the median income in Louisville?
The median household income is $58,269 per year.
Is Louisville a buyer's or seller's market?
With 0.9 months of supply, Louisville is currently a seller's market.
What is the Zillow home value estimate for Louisville?
The Zillow Home Value Index (ZHVI) for Louisville is $250,215, representing the typical home value in the area.
What is the median condo price in Louisville?
The median condo/co-op sale price in Louisville, OH is $210,000, compared to $231,250 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Louisville?
The median single-family home price in Louisville, OH is $231,250 (about $164 per square foot).
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