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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 January 2023. The typical home value in the United States increased over the last year by +6.2% to $329,542. Data was available for 66 cities and towns in Louisville.

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Stacker

#30. Utica, IN

– 1-year price change: +$14,825 (+7.8%)
– 5-year price change: +$76,399 (+59.3%)
– Typical home value: $205,325 (#44 most expensive city in metro)

Stacker

#29. Shelbyville, KY

– 1-year price change: +$14,874 (+6.1%)
– 5-year price change: +$91,619 (+54.4%)
– Typical home value: $260,142 (#24 most expensive city in metro)

Stacker

#28. Georgetown, IN

– 1-year price change: +$15,037 (+5.5%)
– 5-year price change: +$88,673 (+44.1%)
– Typical home value: $289,846 (#17 most expensive city in metro)

Stacker

#27. Simpsonville, KY

– 1-year price change: +$15,223 (+4.5%)
– 5-year price change: +$115,988 (+49.5%)
– Typical home value: $350,436 (#9 most expensive city in metro)

Stacker

#26. Taylorsville, KY

– 1-year price change: +$15,288 (+5.0%)
– 5-year price change: +$96,028 (+42.9%)
– Typical home value: $319,616 (#12 most expensive city in metro)

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Stacker

#25. Mount Washington, KY

– 1-year price change: +$15,468 (+5.8%)
– 5-year price change: +$90,516 (+47.8%)
– Typical home value: $279,945 (#20 most expensive city in metro)

Stacker

#24. Charlestown, IN

– 1-year price change: +$15,693 (+6.3%)
– 5-year price change: +$89,249 (+51.3%)
– Typical home value: $263,384 (#23 most expensive city in metro)

Stacker

#23. Nabb, IN

– 1-year price change: +$15,833 (+7.5%)
– 5-year price change: +$90,713 (+67.2%)
– Typical home value: $225,602 (#36 most expensive city in metro)

Stacker

#22. Buckner, KY

– 1-year price change: +$16,508 (+4.4%)
– 5-year price change: +$94,438 (+32.2%)
– Typical home value: $388,145 (#6 most expensive city in metro)

Stacker

#21. Hebron Estates, KY

– 1-year price change: +$16,857 (+6.1%)
– 5-year price change: +$65,176 (+28.3%)
– Typical home value: $295,220 (#15 most expensive city in metro)

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Stacker

#20. Pendleton, KY

– 1-year price change: +$17,131 (+6.3%)
– 5-year price change: +$107,657 (+59.4%)
– Typical home value: $289,049 (#18 most expensive city in metro)

Stacker

#19. Pewee Valley, KY

– 1-year price change: +$17,241 (+5.9%)
– 5-year price change: +$86,515 (+39.2%)
– Typical home value: $307,121 (#13 most expensive city in metro)

Stacker

#18. Henryville, IN

– 1-year price change: +$17,391 (+7.3%)
– 5-year price change: +$87,202 (+51.5%)
– Typical home value: $256,605 (#27 most expensive city in metro)

Stacker

#17. Smithfield, KY

– 1-year price change: +$18,283 (+6.5%)
– 5-year price change: +$110,985 (+58.4%)
– Typical home value: $301,144 (#14 most expensive city in metro)

Stacker

#16. Eminence, KY

– 1-year price change: +$18,301 (+11.2%)
– 5-year price change: +$63,566 (+53.9%)
– Typical home value: $181,576 (#58 most expensive city in metro)

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Stacker

#15. Wilsonville, KY

– 1-year price change: +$19,416 (+5.2%)
– 5-year price change: +$123,446 (+45.5%)
– Typical home value: $394,471 (#5 most expensive city in metro)

Stacker

#14. Floyds Knobs, IN

– 1-year price change: +$20,847 (+6.3%)
– 5-year price change: +$103,576 (+41.7%)
– Typical home value: $351,790 (#8 most expensive city in metro)

Stacker

#13. Campbellsburg, KY

– 1-year price change: +$20,971 (+12.3%)
– 5-year price change: +$72,577 (+60.9%)
– Typical home value: $191,793 (#51 most expensive city in metro)

Stacker

#12. Brooks, KY

– 1-year price change: +$21,597 (+10.2%)
– 5-year price change: +$45,843 (+24.4%)
– Typical home value: $233,799 (#32 most expensive city in metro)

Stacker

#11. Westport, KY

– 1-year price change: +$21,913 (+8.9%)
– 5-year price change: +$78,873 (+41.8%)
– Typical home value: $267,396 (#21 most expensive city in metro)

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#10. New Castle, KY

– 1-year price change: +$22,167 (+14.3%)
– 5-year price change: +$67,747 (+61.7%)
– Typical home value: $177,595 (#59 most expensive city in metro)

Stacker

#9. Goshen, KY

– 1-year price change: +$23,520 (+5.8%)
– 5-year price change: +$115,029 (+36.8%)
– Typical home value: $427,796 (#2 most expensive city in metro)

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#8. Lebanon Junction, KY

– 1-year price change: +$24,526 (+14.7%)
– 5-year price change: +$44,935 (+30.6%)
– Typical home value: $191,700 (#52 most expensive city in metro)

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#7. La Grange, KY

– 1-year price change: +$24,626 (+7.7%)
– 5-year price change: +$102,370 (+42.4%)
– Typical home value: $343,796 (#10 most expensive city in metro)

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#6. Lockport, KY

– 1-year price change: +$27,603 (+23.4%)
– 5-year price change: +$55,698 (+62.1%)
– Typical home value: $145,355 (#64 most expensive city in metro)

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#5. Turners Station, KY

– 1-year price change: +$28,485 (+15.8%)
– 5-year price change: +$100,793 (+93.6%)
– Typical home value: $208,516 (#42 most expensive city in metro)

Stacker

#4. Crestwood, KY

– 1-year price change: +$28,981 (+7.6%)
– 5-year price change: +$117,281 (+39.9%)
– Typical home value: $410,870 (#3 most expensive city in metro)

Stacker

#3. Mount Eden, KY

– 1-year price change: +$31,302 (+31.2%)
– 5-year price change: +$73,877 (+127.9%)
– Typical home value: $131,654 (#65 most expensive city in metro)

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#2. Bethlehem, KY

– 1-year price change: +$36,495 (+20.9%)
– 5-year price change: +$94,396 (+80.6%)
– Typical home value: $211,492 (#40 most expensive city in metro)

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#1. Prospect, KY

– 1-year price change: +$43,642 (+8.4%)
– 5-year price change: +$175,714 (+45.3%)
– Typical home value: $563,680 (#1 most expensive city in metro)

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