Louisville, TN 37777 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Louisville, TN—37777

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$431,000

1.0% YoY Growth

Household Income

$74,400

39.2% YoY Growth

Days on Market

49.0% Longer YoY

Home Price Forecast

4.2%

Median Rent

$1,400

51.1% YoY Growth

1-Bed Rent

$1,340

N/A

2-Bed Rent

$1,300

1.5% YoY Growth

3-Bed Rent

$2,200

99.2% YoY Growth

Home Price Trends — Louisville, TN

As of Dec '25, the median home price in Louisville, TN is $431,000, with a year-over-year change of 1.0%. This indicates that home prices in Louisville, TN are flat. According to Zillow, the 1-year price projection is 4.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$431,000	1.0%
Single Family	$432,000	1.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Louisville, TN

As of July '25, Rentcast reports the average rent in Louisville, TN is $1,980, with a year-over-year rent change of 51.1%. Per bedroom, the median rent as of July '25 in Louisville, TN is 1-bedrooms: $1,250, 2-bedrooms: $1,330, 3-bedrooms: $2,370, 4-bedrooms: $2,700. The most common rental property sizes in Louisville, TN are 2-bedroom and 1-bedroom, accounting for 59.3% and 23.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,400	$1,980
Studio Rent	N/A	N/A
1 Bed Rent	$1,340	$1,250
2 Bed Rent	$1,300	$1,330
3 Bed Rent	$2,200	$2,370
4 Bed Rent	$2,500	$2,700

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% of Rental Stock

Studio

1.2%

1 Bedroom

23.7%

2 Bedrooms

59.3%

3 Bedrooms

12.6%

4 Bedrooms

3.1%

Property Listings — Louisville, TN

As of Dec '25, Realtor.com reports that the median days on market for a home in Louisville, TN is 74. This is a increase of 71.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 16.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$1,100,000	23.0%
Listing Count	49	20.0%
Listings as % of Homes	0.3%	20.0%
Days on Market	77	49.0%

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Demographics — Louisville, TN

As of the latest ACS Survey released in 2023, Louisville, TN has a population of 13,100, which has increased by 8.6% over the past 5 years. Louisville, TN is a less popular place for families, as children make up 14.7% of the population. The area has a moderately educated workforce, with 26.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	13,100	8.6%
% Under 18	14.7%	-30.0%
% Seniors	20.2%	26.2%
% WFH	9.4%	291.7%
% w/ College Degree	26.7%	-8.6%

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As of the latest ACS Survey released in 2023, Louisville, TN is a predominantly white area, with 85.7% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Louisville, TN is hispanic, making up 9.1% of the population. Foreign-born residents account for 7.5% of the population in Louisville, TN, and this percentage has increased by 188.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	85.7%	-2.4%
% Black	2.5%	-64.3%
% Hispanic	9.1%	550.0%
% Asian	0.4%	-20.0%
% Foreign Born	7.5%	188.5%

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Mortgage and Risk — Louisville, TN

According to HUD data as of 2023, there were 233 mortgage originations in Louisville, TN, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Louisville, TN. Investor activity is low, as 4.0% of loans were by investors. 22.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	233
% Conventional Loans	84.0%
% Government Loans	16.0%
% Investor Loans	4.0%
% Second Loans	4.0%
% Cash Out Refinance	22.0%

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Rentals and Section 8 — Louisville, TN

As of 2024, the percent of homes in Louisville, TN under the Section 8 program is 2.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Louisville, TN, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	43
Total Units Section 8	43
% Rentals under Section 8	2.9%
% Occupied Section 8	86.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$370	$1,340	$970
2 Bedroom	-$110	$1,300	$1,190
3 Bedroom	-$670	$2,200	$1,530
4 Bedroom	-$700	$2,500	$1,800

Louisville, TN—37777

Key Metrics at a Glance

Home Price Trends — Louisville, TN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Louisville, TN

% of Rental Stock

Property Listings — Louisville, TN

Demographics — Louisville, TN

Race and Ethnicity

Mortgage and Risk — Louisville, TN

Mortgages

Rentals and Section 8 — Louisville, TN

Section 8 Market Size

Section 8 Opportunity

Affordability — Louisville, TN

Home Price to Income Ratio

Louisville, TN — ZIP Code Boundary Map

Nearby ZIP Codes

South Knoxville, Knoxville, TN

Alcoa, TN

Friendsville, TN

Oak Ridge, Knoxville, TN

Greenwood, Knoxville, TN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.2
Median Home Price	$431,000
Median Household Income	$74,400

Louisville, TN—37777

Key Metrics at a Glance

Home Price Trends — Louisville, TN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Louisville, TN

% of Rental Stock

Property Listings — Louisville, TN

Demographics — Louisville, TN

Race and Ethnicity

Mortgage and Risk — Louisville, TN

Mortgages

Rentals and Section 8 — Louisville, TN

Section 8 Market Size

Section 8 Opportunity

Affordability — Louisville, TN

Home Price to Income Ratio

Louisville, TN — ZIP Code Boundary Map

Nearby ZIP Codes

South Knoxville, Knoxville, TN

Alcoa, TN

Friendsville, TN

Oak Ridge, Knoxville, TN

Greenwood, Knoxville, TN

Frequently Asked Questions

What is the average home price in Louisville, TN 37777?

How have home prices in Louisville, TN 37777 changed over the past year?

What is the home price projection for Louisville, TN 37777?

What are the demographics of Louisville, TN 37777?

How long does it take homes to sell in Louisville, TN 37777?

What is the average rent price in Louisville, TN 37777?