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Featured local agent — Louisville, TN
Sarah Mitchell
Compass Real Estate · Louisville, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Louisville, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$2.35Mmedian sale price
How is the Louisville, TN housing market right now?
The median home sale price in Louisville, TN is $2.35M, up 32.5% year-over-year. Homes sell in an average of 57 days with 23 active listings. The market is currently a leaning buyer's. (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, TN is currently a leaning buyer's, based on 4.6 months of supply and homes selling in about 57 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
57
Average pace
Active listings
23
4.6 months supply
Sale-to-list
96.4%
Below asking
What does the Louisville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $2.35M |
| Median list price | $899,900 |
| Year-over-year price change | +32.5% |
| Average days on market | 57 days |
| Active inventory | 23 listings |
| Months of supply | 4.6 months |
| Sale-to-list price ratio | 96.4% |
| Median price per sq ft | $356/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 7 |
| Listings with a price cut | 21.7% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Louisville by property type?
How the Louisville, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $2.35M | $356/sq ft | 5 | 57 days |
Source: Redfin · Updated monthly
The Louisville housing market is currently classified as a leaning buyer's with a median sale price of $2.35M. Prices have risen 32.5% compared to last year, with homes spending an average of 57 days on market, indicating 4.6 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 5.7x provides context for how home values compare to local earning capacity.
Homes for sale in Louisville
There are currently 23 homes listed for sale in Louisville, Tennessee. The median listing price is $900K.
Active listings
23
Homes on market
Median list price
$900K
Avg. days on market
57
Days until sale
New this week
7
Newly listed
Who lives in Louisville?
Population
4,369
Median income
$83,485/yr
Median age
51.5 years
Owner-occupied
91.5%
College grads
33.9%
Avg commute
23.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Louisville?
Zillow home value
$477,554
Zillow rent index
$1,800/mo
Price-to-rent ratio
22.1x
Price-to-income
5.7x
Source: Zillow Research
What is it like to live in Louisville?
Louisville is a community of approximately 4K residents with a median age of 51.5 years.The median household income is $83,485, which reflects a relatively affluent area with strong earning potential. 33.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 91.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.5 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?
1 schools tracked · 372 students
The largest public schools serving Louisville, TN 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.
Middlesettlements
Grades PK-5 · 372 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, TN?
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 22.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 32.5% year-over-year, reflecting ongoing demand and value growth.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 $2.35M, up 32.5% from last year.
How long do homes stay on market in Louisville?
Homes typically spend 57 days on market before going under contract.
What is the median income in Louisville?
The median household income is $83,485 per year.
Is Louisville a buyer's or seller's market?
With 4.6 months of supply, Louisville is currently a leaning buyer's.
What is the Zillow home value estimate for Louisville?
The Zillow Home Value Index (ZHVI) for Louisville is $477,554, representing the typical home value in the area.
How much does a single-family home cost in Louisville?
The median single-family home price in Louisville, TN is $2.35M (about $356 per square foot).
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