How much house does $500,000 buy you in Louisville?

Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000. 

These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.

While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Louisville?

To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Louisville right now. Listings below $500,000 were included if necessary.

481 Meadow Lake Dr, Taylorsville, KY 40071
- Price: $500,000
- 6 bedrooms, 3 bathrooms
- Square feet: 2,862
- See 481 Meadow Lake Dr, Taylorsville, KY 40071 on Redfin.com

1830 Cedarpointe Dr Ne, Corydon, IN 47112
- Price: $500,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,722
- See 1830 Cedarpointe Dr Ne, Corydon, IN 47112 on Redfin.com

966 Samuel St, Louisville, KY 40204
- Price: $499,999
- 4 bedrooms, 4 bathrooms
- Square feet: 2,200
- See 966 Samuel St, Louisville, KY 40204 on Redfin.com

10405 Long Home Rd, Louisville, KY 40291
- Price: $500,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,347
- See 10405 Long Home Rd, Louisville, KY 40291 on Redfin.com

11700 Hancock Trace Ct, Louisville, KY 40245
- Price: $500,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,765
- See 11700 Hancock Trace Ct, Louisville, KY 40245 on Redfin.com

234 Cedar Place Dr, Shepherdsville, KY 40165
- Price: $500,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,480
- See 234 Cedar Place Dr, Shepherdsville, KY 40165 on Redfin.com

7644 Melrose (Lot #547) Ln, Charlestown, IN 47111
- Price: $499,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,954
- See 7644 Melrose (Lot #547) Ln, Charlestown, IN 47111 on Redfin.com

7644 Melrose Ln, Charlestown, IN 47111
- Price: $499,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,954
- See 7644 Melrose Ln, Charlestown, IN 47111 on Redfin.com

16810 Aiken Ridge Cir, Louisville, KY 40245
- Price: $499,995
- 4 bedrooms, 3 bathrooms
- Square feet: 2,819
- See 16810 Aiken Ridge Cir, Louisville, KY 40245 on Redfin.com

3074 Bridlewood Ln, New Albany, IN 47150
- Price: $499,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,804
- See 3074 Bridlewood Ln, New Albany, IN 47150 on Redfin.com

261 Wills Way, Taylorsville, KY 40071
- Price: $499,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,735
- See 261 Wills Way, Taylorsville, KY 40071 on Redfin.com

110 Spangler Pl, Utica, IN 47130
- Price: $499,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,631
- See 110 Spangler Pl, Utica, IN 47130 on Redfin.com

6624 Sunset Loop, Charlestown, IN 47111
- Price: $499,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,483
- See 6624 Sunset Loop, Charlestown, IN 47111 on Redfin.com

202 Stargaze Dr, Shepherdsville, KY 40165
- Price: $499,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,096
- See 202 Stargaze Dr, Shepherdsville, KY 40165 on Redfin.com

226 Education Way, Shelbyville, KY 40065
- Price: $500,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,711
- See 226 Education Way, Shelbyville, KY 40065 on Redfin.com

153 N Bellaire Ave, Louisville, KY 40206
- Price: $500,000
- 4 bedrooms, 2 bathrooms
- Square feet: 2,030
- See 153 N Bellaire Ave, Louisville, KY 40206 on Redfin.com

2223 Saratoga Dr, Louisville, KY 40205
- Price: $500,000
- 4 bedrooms, 1.5 bathrooms
- Square feet: 2,354
- See 2223 Saratoga Dr, Louisville, KY 40205 on Redfin.com

1575 Ochs Ln, Bloomfield, KY 40008
- Price: $500,000
- 3 bedrooms, 3 bathrooms
- Square feet: 3,262
- See 1575 Ochs Ln, Bloomfield, KY 40008 on Redfin.com

14412 Lake Forest Dr, Louisville, KY 40245
- Price: $500,000
- 3 bedrooms, 3 bathrooms
- Square feet: 3,061
- See 14412 Lake Forest Dr, Louisville, KY 40245 on Redfin.com

2180 Kings Church Rd, Taylorsville, KY 40071
- Price: $499,900
- 3 bedrooms, 3 bathrooms
- Square feet: 2,804
- See 2180 Kings Church Rd, Taylorsville, KY 40071 on Redfin.com

413 Wendover Ave, Louisville, KY 40207
- Price: $499,900
- 3 bedrooms, 3 bathrooms
- Square feet: 2,328
- See 413 Wendover Ave, Louisville, KY 40207 on Redfin.com

10511 Vista View Dr, Louisville, KY 40291
- Price: $499,990
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,815
- See 10511 Vista View Dr, Louisville, KY 40291 on Redfin.com

17038 Green Crest Ln, Louisville, KY 40245
- Price: $499,500
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,802
- See 17038 Green Crest Ln, Louisville, KY 40245 on Redfin.com

1315 Bethel Church Rd, Mount Washington, KY 40047
- Price: $499,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,954
- See 1315 Bethel Church Rd, Mount Washington, KY 40047 on Redfin.com

415 Oread Rd, Louisville, KY 40207
- Price: $500,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,541
- See 415 Oread Rd, Louisville, KY 40207 on Redfin.com

1972 Augusta Pkwy, Henryville, IN 47126
- Price: $499,700
- 3 bedrooms, 2 bathrooms
- Square feet: 2,095
- See 1972 Augusta Pkwy, Henryville, IN 47126 on Redfin.com

10509 Vista View Dr, Louisville, KY 40291
- Price: $499,990
- 3 bedrooms, 2 bathrooms
- Square feet: 2,065
- See 10509 Vista View Dr, Louisville, KY 40291 on Redfin.com

27 Plantation Dr, Shelbyville, KY 40065
- Price: $499,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,823
- See 27 Plantation Dr, Shelbyville, KY 40065 on Redfin.com

12225 Highway 62, Charlestown, IN 47111
- Price: $499,990
- 3 bedrooms, 2 bathrooms
- Square feet: 1,810
- See 12225 Highway 62, Charlestown, IN 47111 on Redfin.com

1126 Lagrange Rd, New Castle, KY 40050
- Price: $500,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,600
- See 1126 Lagrange Rd, New Castle, KY 40050 on Redfin.com