Louisville Housing Market Shows Inventory Gains in April 2025
Louisville, KY - The Greater Louisville real estate market remained robust in April 2025, according to new statistics released by the Greater Louisville Association of REALTORS® (GLAR). Despite a slight dip in closed sales compared to the same month last year, increasing inventory and continued price growth reflect a market that is stabilizing and offering more opportunities for both buyers and sellers.
Total existing home sales, including single-family homes, condominiums, and townhomes, totaled 1,248 in April 2025, a slight 2.6% decrease from 1,281 in April 2024.
The median home sale price rose to $280,000, a 1.8% increase from $275,000 in April 2024. The average home sale price climbed 3.2% year-over-year, reaching $325,496, compared to $315,427 one year earlier.
Housing inventory saw a notable increase of 33.5%, with 2,863 homes for sale at the end of April, up from 2,144 in April 2024. The months’ supply of inventory also increased to 2.4 months, up from 1.8 months last year. Nationally, the supply stood at 3.5 months, according to the National Association of REALTORS® (NAR). Typically, a balanced real estate market offers between six and nine months of supply.
"Inventory gains are helping to balance the market and give buyers more choices," said GLAR President Will Fischer. "We’re seeing steady price appreciation without the intense bidding wars of the past few years, which is a healthy sign as we move through the spring season."
Homes spent an average of 55 days on the market in April, an increase of 19.6% from last year’s 46 days. Sellers remained in a favorable position, with the average percentage of list price received coming in at 98.9%.
Most Recent Local Housing Statistics Reports by County:
Entire-MLS
Breckinridge-County
Bullitt-County
Grayson-County
Hardin-County
Henry-County
Jefferson-County
Meade-County
Nelson-County
Oldham-County
Shelby-County
Spencer-County
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