Most Expensive Louisville Neighborhoods in 2017

There were 12,594 homes sold in Jefferson County in 2017. But that’s not what this story is about. If you’re interested in the 30% increase in home values since 2007 there’s that but this story is about the most expensive Louisville neighborhoods.

I’ve been writing this piece annually since 2013. It’s always a fun piece because I naturally have a competitive streak. So when it’s time to crunch the numbers and produce this story, I get a little jazzed.

A quick point about procedures. We’re only looking at Jefferson County, so no Oldham, Shelby, Bullitt or the rest. Condos are included but a vast majority of these are single-family homes. To be considered, the Louisville neighborhood needed to have at least three transactions of at least $500,000 or higher. That’s it. Let’s go!

Note: Unlike years past 2013, 2014, 2015, and 2016, this year I created the average of all homes sold in that neighborhood for the year, not simply the ones over $500,000.

Most Expensive Louisville Neighborhoods

#10 Innisbrook Estates

Total sales 2017: 5 | Average Sale Price: $674,800

Photo of home in Innisbrook Estates, Louisville KY — Innisbrook & Innisbrook Estates are located in Prospect in between Highway 42 and the Ohio River.

#9 Cherokee Gardens

Total sales 2017: 9 | Average Sale Price: $720,500

Photo of home in Cherokee Gardens, Louisville KY — Cherokee Gardens is routinely on our list of Louisville’s most expensive neighborhoods. It has a select location and contains some of the most charming estate homes in the city.

#8 Lake Forest Estates

Total sales 2017: 6 | Average Sale Price: $738,833

Photo of home in Lake Forest Estates, Louisville KY — Lake Forest, Louisville’s largest neighborhood, has an estate section where the luxury really takes off.

#7 Anchorage

Total sales 2017: 23 | Average Sale Price: $767,155

Photo of home in Anchorage, Louisville KY — Anchorage is home to some of the grandest houses, as well as, some adorable, quaint cottages.

#6 Castlewood

Total sales 2017: 3 | Average Sale Price: $860,000

Photo of home in Castlewood, Louisville KY — Castlewood is a tiny neighborhood located off Easter Parkway. Having three of these homes exchange hands in the same year is quite rare.

#5 Glenview

Total sales 2017: 12 | Average Sale Price: $998,504

Photo of home in Glenview, Louisville KY — Glenview was the most expensive neighborhood in both 2014 and 2016. It’s also home to some of Louisville’s most amazing properties.

#4 Spring Farm Lake

Total sales 2017: 5 | Average Sale Price: $1,119,036

Photo of home in Spring Farm Lake, Louisville KY — After the success of the original Spring Farm, developers continued the theme with other high-end, new construction subdivisions: Spring Farm Pointe and Spring Farm Lake.

#3 Mockingbird Gardens

Total sales 2017: 11 | Average Sale Price: $1,119,036

Photo of home in Mockingbird Gardens, Louisville KY — Mockingbird Gardens, and nearby Mockingbird Valley, both are fixtures in our list of most expensive neighborhoods in Louisville.

#2 Alta Vista

Total sales 2017: 3 | Average Sale Price: $1,155,917

Photo of home in Alta Vista, Louisville KY — Alta Vista is a gem of a neighborhood with large lots and stately mansions located in the very center of the city.

#1 Spring Farm Place

Total sales 2017: 3 | Average Sale Price: $1,226,667

Photo of home in Spring farm Place, Louisville KY — This year’s winner of the most expensive neighborhood is Spring Farm Place. Often referred to as simply Spring Farm, this neighborhood is located off Wolf Pen Branch Road, just outside the Gene Snyder Expressway.

All told, there were 536 homes over $500,000 sold in Jefferson County in 2017. That’s a big number! In 2016, there were just 472 properties sold above half a million dollars. To put this in perspective, the average home price in Louisville is currently $212,881.

I’ve updated the ranking for the past five years. You can review the results in the chart below. In truth, each of these amazing Louisville neighborhoods boasts amazing homes year-in and year-out.

	2017	2016	2015	2014	2013
1	Spring Farm Place	Glenview	Harrod’s Glen	Glenview	Spring Farm
2	Alta Vista	Mockingbird Valley	Cherokee Hills	Mockingbird Valley	Glenview
3	Mockingbird Gardens	Anchorage	Spring Farm Place	Glenview Acres	Mockingbird Valley
4	Spring Farm Lake	Cherokee Gardens	Spring Farm Lake	Bonniewood	Bonnycastle
5	Glenview	Oxmoor Woods	Glenview	Mockingbird Gardens	Anchorage Woods
6	Castlewood	Innisbrook	Anchorage	Anchorage	Mockingbird Gardens
7	Anchorage	Indian Hills	Cherokee Triangle	Indian Hills	Indian Hills
8	Lake Forest Estates	Hunting Creek	Indian Hills	Woodstone	Cherokee Gardens
9	Cherokee Gardens	Cherokee Triangle	Lake Forest	Sutherland	Anchorage
10	Innisbrook Estates	Rolling Fields	Mockingbird Gardens	Rolling Fields	Hurstbourne

If you’d like to know about a specific neighborhood and how it performed, please feel free to contact me. All images in this article have the copyright of their Listing Broker.