Cities with the fastest growing home prices in Louisville metro area

Written by:
January 19, 2023
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Cities with the fastest growing home prices in Louisville metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Louisville/Jefferson County, KY-IN metro area using data from Zillow. Cities are ranked by 1-year price change as of December 2022. The typical home value in the United States increased over the last year by +8.4%% to $356,819. Data was available for 68 cities and towns in Louisville.

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Stacker

#30. Bethlehem, KY

- 1-year price change: +$23,662 (+11.5%)
- 5-year price change: +$61,269 (+36.4%)
- Typical home value: $229,562 (#37 most expensive city in metro)
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#29. Orchard Grass Hills, KY

- 1-year price change: +$23,744 (+9.9%)
- 5-year price change: +$66,374 (+33.7%)
- Typical home value: $263,164 (#28 most expensive city in metro)
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#28. Shepherdsville, KY

- 1-year price change: +$24,114 (+11.8%)
- 5-year price change: +$88,069 (+62.5%)
- Typical home value: $228,939 (#38 most expensive city in metro)
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#27. Hunters Hollow, KY

- 1-year price change: +$25,040 (+12.8%)
- 5-year price change: +$87,418 (+65.8%)
- Typical home value: $220,309 (#42 most expensive city in metro)
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#26. Lebanon Junction, KY

- 1-year price change: +$25,270 (+14.0%)
- 5-year price change: +$89,786 (+77.3%)
- Typical home value: $205,978 (#49 most expensive city in metro)

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#25. Westport, KY

- 1-year price change: +$26,354 (+11.6%)
- 5-year price change: +$79,349 (+45.7%)
- Typical home value: $252,899 (#31 most expensive city in metro)
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#24. Pioneer Village, KY

- 1-year price change: +$28,344 (+11.5%)
- 5-year price change: +$108,598 (+65.1%)
- Typical home value: $275,372 (#24 most expensive city in metro)
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#23. Hebron Estates, KY

- 1-year price change: +$28,395 (+9.5%)
- 5-year price change: +$123,261 (+60.2%)
- Typical home value: $328,137 (#13 most expensive city in metro)
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Stacker

#22. Pewee Valley, KY

- 1-year price change: +$28,811 (+10.0%)
- 5-year price change: +$85,486 (+36.9%)
- Typical home value: $317,261 (#17 most expensive city in metro)
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#21. Greenville, IN

- 1-year price change: +$28,970 (+9.7%)
- 5-year price change: +$116,706 (+55.1%)
- Typical home value: $328,519 (#12 most expensive city in metro)

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#20. Floyds Knobs, IN

- 1-year price change: +$29,216 (+8.4%)
- 5-year price change: +$129,570 (+52.5%)
- Typical home value: $376,289 (#9 most expensive city in metro)
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#19. Smithfield, KY

- 1-year price change: +$29,532 (+10.5%)
- 5-year price change: +$95,193 (+44.3%)
- Typical home value: $309,986 (#18 most expensive city in metro)
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#18. Pendleton, KY

- 1-year price change: +$29,810 (+10.9%)
- 5-year price change: +$94,513 (+45.0%)
- Typical home value: $304,531 (#20 most expensive city in metro)
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#17. Taylorsville, KY

- 1-year price change: +$30,495 (+10.4%)
- 5-year price change: +$102,635 (+46.2%)
- Typical home value: $324,932 (#14 most expensive city in metro)
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#16. La Grange, KY

- 1-year price change: +$31,344 (+10.0%)
- 5-year price change: +$91,317 (+36.0%)
- Typical home value: $345,297 (#11 most expensive city in metro)

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#15. Lanesville, IN

- 1-year price change: +$33,018 (+11.5%)
- 5-year price change: +$115,647 (+56.8%)
- Typical home value: $319,240 (#16 most expensive city in metro)
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#14. Georgetown, IN

- 1-year price change: +$33,086 (+11.4%)
- 5-year price change: +$115,884 (+55.5%)
- Typical home value: $324,579 (#15 most expensive city in metro)
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#13. Mount Washington, KY

- 1-year price change: +$34,382 (+12.7%)
- 5-year price change: +$119,191 (+64.2%)
- Typical home value: $304,770 (#19 most expensive city in metro)
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#12. Wilsonville, KY

- 1-year price change: +$34,477 (+9.4%)
- 5-year price change: +$119,999 (+42.8%)
- Typical home value: $400,414 (#7 most expensive city in metro)
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#11. Buckner, KY

- 1-year price change: +$36,006 (+9.4%)
- 5-year price change: +$109,477 (+35.4%)
- Typical home value: $418,318 (#6 most expensive city in metro)

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#10. River Bluff, KY

- 1-year price change: +$36,276 (+9.4%)
- 5-year price change: +$111,228 (+35.9%)
- Typical home value: $420,942 (#5 most expensive city in metro)
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#9. Goshen, KY

- 1-year price change: +$38,423 (+9.8%)
- 5-year price change: +$112,606 (+35.5%)
- Typical home value: $429,430 (#3 most expensive city in metro)
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#8. Crestwood, KY

- 1-year price change: +$38,880 (+10.1%)
- 5-year price change: +$112,567 (+36.1%)
- Typical home value: $424,499 (#4 most expensive city in metro)
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#7. Waddy, KY

- 1-year price change: +$41,046 (+18.1%)
- 5-year price change: +$97,710 (+57.5%)
- Typical home value: $267,522 (#26 most expensive city in metro)
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#6. Shelbyville, KY

- 1-year price change: +$42,148 (+17.5%)
- 5-year price change: +$102,683 (+56.8%)
- Typical home value: $283,596 (#21 most expensive city in metro)

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#5. Fox Chase, KY

- 1-year price change: +$42,183 (+12.7%)
- 5-year price change: +$143,051 (+62.0%)
- Typical home value: $373,793 (#10 most expensive city in metro)
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#4. Bagdad, KY

- 1-year price change: +$42,402 (+17.9%)
- 5-year price change: +$112,166 (+67.3%)
- Typical home value: $278,766 (#22 most expensive city in metro)
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#3. Prospect, KY

- 1-year price change: +$51,384 (+9.6%)
- 5-year price change: +$160,438 (+37.8%)
- Typical home value: $584,712 (#1 most expensive city in metro)
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#2. Simpsonville, KY

- 1-year price change: +$55,959 (+16.8%)
- 5-year price change: +$140,587 (+56.6%)
- Typical home value: $388,861 (#8 most expensive city in metro)
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#1. Finchville, KY

- 1-year price change: +$59,122 (+15.1%)
- 5-year price change: +$158,638 (+54.4%)
- Typical home value: $450,448 (#2 most expensive city in metro)

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