Cities with the fastest growing home prices in Louisville metro area

Written by:
September 29, 2022
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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 not 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 August 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. Data was available for 68 cities and towns in Louisville.

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#30. Turners Station, Kentucky

- 1-year price change: +$26,055 (+15.8%)
- 5-year price change: +$66,006 (+52.8%)
- Typical home value: $191,128 (#52 most expensive city in metro)
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#29. Bethlehem, Kentucky

- 1-year price change: +$27,915 (+15.0%)
- 5-year price change: +$59,480 (+38.6%)
- Typical home value: $213,492 (#42 most expensive city in metro)
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#28. Hunters Hollow, Kentucky

- 1-year price change: +$28,306 (+15.0%)
- 5-year price change: +$84,613 (+64.2%)
- Typical home value: $216,405 (#41 most expensive city in metro)
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#27. Sellersburg, Kentucky

- 1-year price change: +$28,665 (+11.8%)
- 5-year price change: +$95,815 (+54.6%)
- Typical home value: $271,319 (#23 most expensive city in metro)
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#26. Pioneer Village, Kentucky

- 1-year price change: +$28,711 (+12.1%)
- 5-year price change: +$99,263 (+59.4%)
- Typical home value: $266,400 (#25 most expensive city in metro)

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#25. Charlestown, Kentucky

- 1-year price change: +$30,071 (+12.8%)
- 5-year price change: +$96,553 (+57.3%)
- Typical home value: $264,915 (#26 most expensive city in metro)
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#24. La Grange, Kentucky

- 1-year price change: +$30,528 (+9.9%)
- 5-year price change: +$90,594 (+36.4%)
- Typical home value: $339,282 (#11 most expensive city in metro)
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#23. Hebron Estates, Kentucky

- 1-year price change: +$31,273 (+10.7%)
- 5-year price change: +$119,541 (+58.4%)
- Typical home value: $324,285 (#12 most expensive city in metro)
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#22. Brooks, Kentucky

- 1-year price change: +$32,224 (+13.3%)
- 5-year price change: +$109,891 (+66.5%)
- Typical home value: $275,262 (#21 most expensive city in metro)
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#21. Westport, Kentucky

- 1-year price change: +$32,426 (+14.9%)
- 5-year price change: +$78,111 (+45.4%)
- Typical home value: $250,305 (#31 most expensive city in metro)

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#20. River Bluff, Kentucky

- 1-year price change: +$33,475 (+8.7%)
- 5-year price change: +$114,285 (+37.7%)
- Typical home value: $417,721 (#5 most expensive city in metro)
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#19. Mount Washington, Kentucky

- 1-year price change: +$33,768 (+12.9%)
- 5-year price change: +$109,667 (+59.0%)
- Typical home value: $295,540 (#18 most expensive city in metro)
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#18. Pendleton, Kentucky

- 1-year price change: +$36,088 (+14.3%)
- 5-year price change: +$92,370 (+47.3%)
- Typical home value: $287,771 (#20 most expensive city in metro)
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#17. Greenville, Kentucky

- 1-year price change: +$36,101 (+12.8%)
- 5-year price change: +$113,357 (+55.2%)
- Typical home value: $318,549 (#13 most expensive city in metro)
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#16. Taylorsville, Kentucky

- 1-year price change: +$36,180 (+13.5%)
- 5-year price change: +$97,454 (+47.1%)
- Typical home value: $304,212 (#16 most expensive city in metro)

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#15. Lanesville, Kentucky

- 1-year price change: +$36,750 (+14.0%)
- 5-year price change: +$111,007 (+58.7%)
- Typical home value: $300,111 (#17 most expensive city in metro)
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#14. Smithfield, Kentucky

- 1-year price change: +$37,065 (+14.7%)
- 5-year price change: +$90,976 (+46.1%)
- Typical home value: $288,416 (#19 most expensive city in metro)
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#13. Crestwood, Kentucky

- 1-year price change: +$38,196 (+10.0%)
- 5-year price change: +$110,132 (+35.6%)
- Typical home value: $419,297 (#4 most expensive city in metro)
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#12. Shelbyville, Kentucky

- 1-year price change: +$38,800 (+16.6%)
- 5-year price change: +$95,187 (+53.7%)
- Typical home value: $272,420 (#22 most expensive city in metro)
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#11. Georgetown, Kentucky

- 1-year price change: +$38,949 (+14.2%)
- 5-year price change: +$113,343 (+56.6%)
- Typical home value: $313,651 (#14 most expensive city in metro)

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#10. Bagdad, Kentucky

- 1-year price change: +$38,978 (+17.1%)
- 5-year price change: +$103,665 (+63.5%)
- Typical home value: $267,030 (#24 most expensive city in metro)
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#9. Waddy, Kentucky

- 1-year price change: +$39,553 (+18.2%)
- 5-year price change: +$90,440 (+54.4%)
- Typical home value: $256,618 (#30 most expensive city in metro)
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#8. Lebanon Junction, Kentucky

- 1-year price change: +$39,651 (+20.2%)
- 5-year price change: +$102,499 (+76.7%)
- Typical home value: $236,052 (#34 most expensive city in metro)
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#7. Goshen, Kentucky

- 1-year price change: +$41,089 (+10.8%)
- 5-year price change: +$106,811 (+33.9%)
- Typical home value: $421,429 (#3 most expensive city in metro)
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#6. Wilsonville, Kentucky

- 1-year price change: +$41,520 (+12.5%)
- 5-year price change: +$114,488 (+44.0%)
- Typical home value: $374,658 (#7 most expensive city in metro)

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#5. Floyds Knobs, Kentucky

- 1-year price change: +$41,531 (+12.9%)
- 5-year price change: +$126,164 (+53.1%)
- Typical home value: $363,824 (#9 most expensive city in metro)
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#4. Buckner, Kentucky

- 1-year price change: +$42,295 (+11.3%)
- 5-year price change: +$111,276 (+36.6%)
- Typical home value: $415,288 (#6 most expensive city in metro)
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#3. Simpsonville, Kentucky

- 1-year price change: +$51,295 (+16.0%)
- 5-year price change: +$129,734 (+53.7%)
- Typical home value: $371,123 (#8 most expensive city in metro)
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#2. Finchville, Kentucky

- 1-year price change: +$59,137 (+16.0%)
- 5-year price change: +$147,497 (+52.4%)
- Typical home value: $428,958 (#2 most expensive city in metro)
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#1. Prospect, Kentucky

- 1-year price change: +$67,742 (+13.1%)
- 5-year price change: +$154,237 (+35.9%)
- Typical home value: $584,443 (#1 most expensive city in metro)

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