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 $350,091 in September, 2.1% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of Oct. 19, the 30-year fixed mortgage rate sits at 7.63%. 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 using data from Zillow. Charts show the monthly typical home value since January 2018.

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#30. Marysville, IN

– Typical home value: $268,373
– 1-year price change: +3.3%
– 5-year price change: +46.1%

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#29. Memphis, IN

– Typical home value: $273,138
– 1-year price change: +2.6%
– 5-year price change: +46.1%

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#28. Orchard Grass Hills, KY

– Typical home value: $276,723
– 1-year price change: +3.5%
– 5-year price change: +41.4%

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#27. Otisco, IN

– Typical home value: $276,869
– 1-year price change: +2.8%
– 5-year price change: +47.3%

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#26. Shelbyville, KY

– Typical home value: $278,492
– 1-year price change: +1.1%
– 5-year price change: +48.1%

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#25. Bagdad, KY

– Typical home value: $278,917
– 1-year price change: +3.6%
– 5-year price change: +97.4%

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#24. Sellersburg, IN

– Typical home value: $284,498
– 1-year price change: +3.7%
– 5-year price change: +44.6%

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#23. Charlestown, IN

– Typical home value: $287,058
– 1-year price change: +2.7%
– 5-year price change: +47.8%

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#22. Westport, KY

– Typical home value: $288,378
– 1-year price change: +1.3%
– 5-year price change: +33.1%

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#21. Mount Washington, KY

– Typical home value: $289,435
– 1-year price change: +1.0%
– 5-year price change: +42.9%

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#20. Henryville, IN

– Typical home value: $291,656
– 1-year price change: +3.6%
– 5-year price change: +46.4%

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#19. Hebron Estates, KY

– Typical home value: $296,675
– 1-year price change: +2.3%
– 5-year price change: +43.9%

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#18. Pendleton, KY

– Typical home value: $306,440
– 1-year price change: +1.1%
– 5-year price change: +52.0%

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#17. Georgetown, IN

– Typical home value: $309,508
– 1-year price change: +3.0%
– 5-year price change: +43.8%

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#16. Greenville, IN

– Typical home value: $317,000
– 1-year price change: +3.2%
– 5-year price change: +44.8%

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#15. Lanesville, IN

– Typical home value: $320,480
– 1-year price change: +2.5%
– 5-year price change: +45.1%

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#14. Pewee Valley, KY

– Typical home value: $321,169
– 1-year price change: +2.9%
– 5-year price change: +37.8%

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#13. Smithfield, KY

– Typical home value: $331,785
– 1-year price change: +1.7%
– 5-year price change: +54.7%

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#12. Fox Chase, KY

– Typical home value: $336,258
– 1-year price change: +2.6%
– 5-year price change: +51.1%

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#11. Taylorsville, KY

– Typical home value: $339,491
– 1-year price change: +2.8%
– 5-year price change: +47.2%

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#10. La Grange, KY

– Typical home value: $357,207
– 1-year price change: +2.1%
– 5-year price change: +39.5%

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#9. Floyds Knobs, IN

– Typical home value: $374,235
– 1-year price change: +2.9%
– 5-year price change: +40.8%

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#8. Simpsonville, KY

– Typical home value: $374,816
– 1-year price change: -0.5%
– 5-year price change: +42.0%

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#7. Buckner, KY

– Typical home value: $409,689
– 1-year price change: +2.8%
– 5-year price change: +39.6%

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#6. Wilsonville, KY

– Typical home value: $414,160
– 1-year price change: +2.8%
– 5-year price change: +49.0%

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#5. Crestwood, KY

– Typical home value: $425,891
– 1-year price change: +2.5%
– 5-year price change: +40.5%

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#4. River Bluff, KY

– Typical home value: $426,349
– 1-year price change: +2.9%
– 5-year price change: +41.6%

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#3. Finchville, KY

– Typical home value: $431,285
– 1-year price change: -1.1%
– 5-year price change: +39.8%

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#2. Goshen, KY

– Typical home value: $443,663
– 1-year price change: +3.6%
– 5-year price change: +41.6%

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#1. Prospect, KY

– Typical home value: $577,423
– 1-year price change: +3.7%
– 5-year price change: +39.8%

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