Louisville Housing Market Heats Up in July: Prices and Inventory Climb

Louisville Housing Market Heats Up in July: Prices and Inventory Climb

Louisville, KY – The Greater Louisville real estate market gained additional momentum in July 2025, with rising home prices, strong sales activity, and continued inventory growth, according to the latest data released by the Greater Louisville Association of REALTORS® (GLAR). The market continues to show signs of sustainable balance, with more choices for buyers and solid returns for sellers.

Total existing home sales, including single-family homes, condominiums, and townhomes, reached 1,522 in July 2025, a 4.2% increase from 1,460 in July 2024.

The median home sale price climbed to $293,900, reflecting a 4.8% year-over-year increase from $280,500. The average home sale price saw a 6.1% increase, rising to $361,525 from $340,879 a year earlier.

Housing inventory continued its upward trajectory, with 3,610 homes on the market at the end of July, up 37.4% compared to 2,628 in July 2024. The months’ supply of inventory increased to 3.0 months, compared to 2.2 months last year. Nationally, the supply was 3.5 months in July, according to the National Association of REALTORS® (NAR), with six to nine months considered a balanced market.

“We’re seeing encouraging signs of both supply and demand growing in tandem,” said GLAR President Will Fischer. “More inventory is helping to moderate the pace of the market while still allowing sellers to benefit from price appreciation.”

Homes spent an average of 37 days on the market in July, up from 33 days last year. Sellers received 98.6% of their list price on average, slightly lower than 99.2% in July 2024 but still indicative of a competitive market.

“Buyers now have the opportunity to act more strategically, without the urgency that defined the market just a couple of years ago,” added Fischer. “That shift points to a more resilient and accessible market for everyone.”

For more market statistics and housing resources, visit www.LouisvilleRealtors.com.

CLICK HERE for the most recent Local Housing Statistics Reports by County.

The Greater Louisville Association of REALTORS® (GLAR) is the “The Voice for Real Estate” in Greater Louisville. As the local arm of America’s largest trade association, the National Association of REALTORS®, GLAR represents more than 5500 members involved in all aspects of the residential and commercial real estate industries. GLAR advocates to protect homeownership rights and the real estate profession, provides business services, technology, and education for its members, and is the most comprehensive resource for marketplace data for the Greater Louisville area. For more information, visit LouisvilleRealtors.com or call 502-894-9860.

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