Cities with the most expensive homes in the Louisville metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights affordability plays a huge role for buyers.

The typical home value in the United States was a record $351,423 in August, 1.3% higher than the year before. High mortgage rates are also making monthly payments more expensive; as of Sept. 21, the 30-year fixed mortgage rate sits at 7.19%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

Stacker compiled a list of cities with the most expensive homes in the Louisville metro area using data from Zillow. Charts show the monthly typical home value since January 2018.

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#30. Marysville, IN

– Typical home value: $271,300
– 1-year price change: +1.7%
– 5-year price change: +46.5%

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#29. Shelbyville, KY

– Typical home value: $274,457
– 1-year price change: +0.6%
– 5-year price change: +49.0%

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#28. Memphis, IN

– Typical home value: $276,751
– 1-year price change: +1.6%
– 5-year price change: +46.4%

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#27. Bagdad, KY

– Typical home value: $277,488
– 1-year price change: +2.6%
– 5-year price change: +102.6%

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#26. Otisco, IN

– Typical home value: $278,273
– 1-year price change: +1.6%
– 5-year price change: +47.6%

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#25. Orchard Grass Hills, KY

– Typical home value: $280,644
– 1-year price change: +3.0%
– 5-year price change: +41.6%

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#24. Sellersburg, IN

– Typical home value: $286,376
– 1-year price change: +2.8%
– 5-year price change: +44.7%

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#23. Mount Washington, KY

– Typical home value: $287,727
– 1-year price change: +0.3%
– 5-year price change: +42.6%

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#22. Westport, KY

– Typical home value: $288,141
– 1-year price change: +1.1%
– 5-year price change: +33.3%

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#21. Charlestown, IN

– Typical home value: $288,903
– 1-year price change: +1.8%
– 5-year price change: +47.8%

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#20. Henryville, IN

– Typical home value: $294,799
– 1-year price change: +2.6%
– 5-year price change: +47.0%

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#19. Hebron Estates, KY

– Typical home value: $299,545
– 1-year price change: +1.9%
– 5-year price change: +44.0%

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#18. Pendleton, KY

– Typical home value: $304,126
– 1-year price change: +0.4%
– 5-year price change: +51.9%

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#17. Georgetown, IN

– Typical home value: $313,508
– 1-year price change: +2.3%
– 5-year price change: +44.0%

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#16. Greenville, IN

– Typical home value: $323,414
– 1-year price change: +2.4%
– 5-year price change: +44.7%

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#15. Lanesville, IN

– Typical home value: $325,448
– 1-year price change: +1.7%
– 5-year price change: +45.2%

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#14. Pewee Valley, KY

– Typical home value: $326,148
– 1-year price change: +2.5%
– 5-year price change: +38.3%

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#13. Smithfield, KY

– Typical home value: $335,260
– 1-year price change: +0.8%
– 5-year price change: +54.6%

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#12. Taylorsville, KY

– Typical home value: $335,576
– 1-year price change: +1.8%
– 5-year price change: +46.7%

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#11. Fox Chase, KY

– Typical home value: $341,771
– 1-year price change: +1.9%
– 5-year price change: +50.6%

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#10. La Grange, KY

– Typical home value: $359,674
– 1-year price change: +1.6%
– 5-year price change: +39.2%

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#9. Simpsonville, KY

– Typical home value: $374,163
– 1-year price change: -1.0%
– 5-year price change: +43.0%

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#8. Floyds Knobs, IN

– Typical home value: $379,905
– 1-year price change: +2.2%
– 5-year price change: +41.0%

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#7. Buckner, KY

– Typical home value: $412,703
– 1-year price change: +2.3%
– 5-year price change: +39.8%

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#6. Wilsonville, KY

– Typical home value: $414,506
– 1-year price change: +2.2%
– 5-year price change: +49.3%

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#5. Finchville, KY

– Typical home value: $425,215
– 1-year price change: -1.9%
– 5-year price change: +41.3%

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#4. Crestwood, KY

– Typical home value: $428,304
– 1-year price change: +2.2%
– 5-year price change: +40.7%

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#3. River Bluff, KY

– Typical home value: $428,491
– 1-year price change: +2.9%
– 5-year price change: +42.6%

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#2. Goshen, KY

– Typical home value: $447,617
– 1-year price change: +3.4%
– 5-year price change: +41.6%

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#1. Prospect, KY

– Typical home value: $576,027
– 1-year price change: +3.3%
– 5-year price change: +39.9%

This story features data reporting and writing by Elena Cox, and is part of a series utilizing data automation across 379 metros.