A More Balanced Market Emerges for Fall: New Reports Show Greater Louisville Home Inventory and Prices Both Up
Louisville, KY – The Greater Louisville real estate market continued to show resilience and balance in September 2025, with rising prices, increased inventory, and a steady pace of home sales, according to the latest data released by the Greater Louisville Association of REALTORS® (GLAR).
Total existing home sales, including single-family homes, condominiums, and townhomes, reached 1,302 in September 2025, marking a
6.2% increase compared to 1,226 sales in September 2024. Year-to-date, closed sales were up 3.1%, with 11,437 total transactions through September.
The median home sale price rose to $285,000, up 1.8% year-over-year from $280,000. The average home sale price climbed 7.4%, increasing to $360,139 from $335,316 a year earlier.
Inventory showed another month of strong growth, with 3,782 homes on the market, a 34.4% increase compared to 2,813 in September 2024. The months’ supply of
inventory rose to 3.1 months, up from 2.3 months last year. Nationally, housing inventory stood at 3.5 months in August, according to the National Association of REALTORS® (NAR). A balanced market is typically considered to be between six and nine months of supply.
"The Greater Louisville market remains strong and steady," said GLAR President Will Fischer. "We’re seeing solid gains in inventory and healthy price appreciation that reflect continued confidence among both buyers and sellers."
Homes spent an average of 44 days on the market, compared to 37 days last September, while sellers received an average of 98.3% of their list price,
a slight dip from 98.5% the previous year.
"Even as days on market lengthen slightly, we’re still in a highly active and competitive market," added Fischer. "Buyers have more choices, and sellers are benefiting from consistent demand and meaningful value growth."
CLICK HERE for the most recent Local Housing Statistics Reports by County.
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