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Cities with the most expensive homes in the Louisville metro area

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Konstantin L // Shutterstock
Konstantin L // Shutterstock

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, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

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.

compiled a list of cities with the most expensive homes in the Louisville metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 63 cities and towns.

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#30. Sellersburg, IN

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#30. Sellersburg, IN

- Typical home value: $299,280
- 1-year price change: +0.7%
- 5-year price change: +19.9%

#29. Charlestown, IN

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#29. Charlestown, IN

- Typical home value: $307,237
- 1-year price change: +2.4%
- 5-year price change: +21.6%

#28. Shelbyville, KY

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#28. Shelbyville, KY

- Typical home value: $308,434
- 1-year price change: -0.0%
- 5-year price change: +17.1%

#27. Marysville, IN

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#27. Marysville, IN

- Typical home value: $310,724
- 1-year price change: +5.6%
- 5-year price change: +29.4%

#25. Orchard Grass Hills, KY

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#25. Orchard Grass Hills, KY

- Typical home value: $313,213
- 1-year price change: -1.2%
- 5-year price change: +16.1%

#24. Waddy, KY

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#24. Waddy, KY

- Typical home value: $315,014
- 1-year price change: -4.4%
- 5-year price change: +16.1%

#23. Mount Washington, KY

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#23. Mount Washington, KY

- Typical home value: $326,828
- 1-year price change: +2.2%
- 5-year price change: +20.2%

#22. Henryville, IN

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#22. Henryville, IN

- Typical home value: $329,866
- 1-year price change: +3.1%
- 5-year price change: +25.3%

#20. Hebron Estates, KY

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#20. Hebron Estates, KY

- Typical home value: $333,012
- 1-year price change: +1.5%
- 5-year price change: +17.4%

#19. Georgetown, IN

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#19. Georgetown, IN

- Typical home value: $335,273
- 1-year price change: +2.8%
- 5-year price change: +22.9%

#18. Bagdad, KY

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#18. Bagdad, KY

- Typical home value: $336,872
- 1-year price change: -4.0%
- 5-year price change: +13.3%

#17. Greenville, IN

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#17. Greenville, IN

- Typical home value: $342,447
- 1-year price change: +3.0%
- 5-year price change: +22.2%

#15. Pendleton, KY

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#15. Pendleton, KY

- Typical home value: $349,051
- 1-year price change: +5.3%
- 5-year price change: +29.0%

#14. Pewee Valley, KY

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#14. Pewee Valley, KY

- Typical home value: $371,664
- 1-year price change: +0.6%
- 5-year price change: +20.1%

#13. Fox Chase, KY

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#13. Fox Chase, KY

- Typical home value: $377,108
- 1-year price change: +3.5%
- 5-year price change: +23.2%

#12. Smithfield, KY

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#12. Smithfield, KY

- Typical home value: $379,511
- 1-year price change: +6.9%
- 5-year price change: +34.1%

#10. La Grange, KY

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#10. La Grange, KY

- Typical home value: $398,854
- 1-year price change: +1.3%
- 5-year price change: +23.4%

#9. Floyds Knobs, IN

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#9. Floyds Knobs, IN

- Typical home value: $403,671
- 1-year price change: +3.8%
- 5-year price change: +23.9%

#8. Simpsonville, KY

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#8. Simpsonville, KY

- Typical home value: $415,544
- 1-year price change: +0.3%
- 5-year price change: +15.6%

#7. Buckner, KY

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#7. Buckner, KY

- Typical home value: $450,204
- 1-year price change: +2.2%
- 5-year price change: +26.4%

#5. Wilsonville, KY

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#5. Wilsonville, KY

- Typical home value: $474,116
- 1-year price change: +4.4%
- 5-year price change: +26.3%

#4. Crestwood, KY

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#4. Crestwood, KY

- Typical home value: $489,356
- 1-year price change: +2.7%
- 5-year price change: +25.9%

#3. Finchville, KY

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#3. Finchville, KY

- Typical home value: $497,559
- 1-year price change: +4.5%
- 5-year price change: +18.2%

#2. Goshen, KY

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#2. Goshen, KY

- Typical home value: $503,797
- 1-year price change: +3.4%
- 5-year price change: +24.4%