Louisville, OH—44641
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Louisville, OH
As of Nov '25, the median home price in Louisville, OH is $237,000, with a year-over-year change of 6.2%. This indicates that home prices in Louisville, OH are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $237,000 | 6.2% |
| Single Family | $238,000 | 5.8% |
| Condos | $217,000 | 6.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $180,000 | 4.7% |
3 Bed | $238,000 | 5.8% |
4 Bed | $288,000 | 5.1% |
| 5 Bed | $383,345 | 3.6% |
% of Housing Stock
Rental Trends — Louisville, OH
As of July '25, Rentcast reports the average rent in Louisville, OH is $1,080, with a year-over-year rent change of -34.1%. Per bedroom, the median rent as of July '25 in Louisville, OH is 2-bedrooms: $910, 4-bedrooms: $2,200. The most common rental property sizes in Louisville, OH are 2-bedroom and 1-bedroom, accounting for 57.2% and 18.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $899 | $1,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $895 | $910 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $1,800 | $2,200 |
% of Rental Stock
Property Listings — Louisville, OH
As of Nov '25, Realtor.com reports that the median days on market for a home in Louisville, OH is 32. This is a increase of 4.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $280,000 | 8.0% |
Listing Count | 56 | -16.0% |
| Listings as % of Homes | 0.3% | -16.0% |
Days on Market | 32 | 4.0% |
Demographics — Louisville, OH
As of the latest ACS Survey released in 2023, Louisville, OH has a population of 19,700, which has decreased by -2.7% over the past 5 years. Louisville, OH is a moderately popular place for families, as children make up 22.9% of the population. The area has a moderately educated workforce, with 25.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,700 | -2.7% |
% Under 18 | 22.9% | 9.6% |
% Seniors | 20.9% | -0.9% |
% WFH | 11.3% | 189.7% |
% w/ College Degree | 25.2% | 29.9% |
As of the latest ACS Survey released in 2023, Louisville, OH is a predominantly white area, with 95.5% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Louisville, OH is hispanic, making up 1.3% of the population. Foreign-born residents account for 1.2% of the population in Louisville, OH, and this percentage has increased by 9.1% 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 | 95.5% | -0.4% |
% Black | 1.2% | 300.0% |
% Hispanic | 1.3% | 30.0% |
% Asian | 0.2% | -71.4% |
% Foreign Born | 1.2% | 9.1% |
Mortgage and Risk — Louisville, OH
According to HUD data as of 2023, there were 462 mortgage originations in Louisville, OH, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Louisville, OH. Investor activity is low, as 1.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 462 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 19.0% |
Rentals and Section 8 — Louisville, OH
Louisville, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 87 |
Total Units Section 8 | 18 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | 67.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $730 |
| 2 Bedroom | $45 | $895 | $940 |
| 3 Bedroom | N/A | N/A | $1,180 |
| 4 Bedroom | -$550 | $1,800 | $1,250 |
Affordability — Louisville, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $237,000 |
| Median Household Income | $78,100 |