Louisville Housing Market: August Sales Up, Inventory Surges 35%
Louisville, KY – The Greater Louisville real estate market sustained its balanced momentum in August 2025, with higher home prices, steady sales activity, and continued growth in housing inventory, 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 1,449 in August 2025, a 4.1% increase compared to 1,392 sales in August 2024.
The median home sale price rose to $296,000, marking a 7.6% year-over-year increase from $275,000. The average home sale price posted a 1.2% gain, climbing to $347,229 from $342,977 a year earlier.
Inventory continued its strong upward trend, with 3,649 homes on the market at the end of August, a 34.8% increase from 2,706 in August 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 encouraged to see both supply and demand holding steady,” said GLAR President Will Fischer. “The market is giving buyers more options and time to make confident choices, while sellers continue to benefit from meaningful price growth.”
Homes spent an average of 38 days on the market in August, compared to 37 days last year. Sellers received 98.6% of their list price on average, nearly unchanged from 98.7% in August 2024.
“Buyers are navigating the market with more strategy and less urgency than in past years,” added Fischer. “That’s a positive sign of resilience and accessibility across Greater Louisville’s housing market.”
For more market statistics and housing resources, visit www.LouisvilleRealtors.com.
CLICK HERE for the most recent Local Housing Statistics Reports by County.
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