We may not be tuning in to Robin Leach’s “Lifestyles of the Rich and Famous” like we did in the 1980’s but we still have our fair share of celebrity gawkers. Heck, HGTV has “Extreme Living” and “Million Dollar Rooms”
Then, once I saw Yahoo! Finance run The 20 Most Expensive Neighborhoods in America, I knew I had to run the numbers for our fair city.
Let’s go Louisville!
Here’s the methodology I used to create these rankings. Each Jefferson County neighborhood must have had at least three homes sell for more than $500,000 since Jan. 1, 2012.
This both helps and hurts neighborhoods based on their size.
Some are so small they don’t have many homes sell, even in a decade, much less a year plus. These tiny gems will not make our list but may still contain very expensive properties.
Larger neighborhoods might have a heavy helping of home sales but the wider range of values will dilute the upper-end Louisville luxury properties. But I believe our findings are representative of both the old and new; urban and rural.
Let’s jump right in!
Number of homes sold: 7 – Average Sale Price: $775,214
Number of homes sold: 25 – Average Sale Price: $787,774
Number of homes sold: 7 – Average Sale Price: $802,571
Located in the heart of Louisville, Cherokee Gardens has a wonderful range of property styles.
#7 Indian Hills
Number of homes sold: 30 – Average Sale Price: $842,981
Number of homes sold: 8 – Average Sale Price: $860,326
#5 Anchorage Woods
Number of homes sold: 3 – Average Sale Price: $916.667
Number of homes sold: 3 – Average Sale Price: $928,333
Number of homes sold: 8 – Average Sale Price: $1,103,750
Number of homes sold: 10 – Average Sale Price: $1,104,225
#1 Spring Farm
Number of homes sold: 4 – Average Sale Price: $1,128,750
I wanted to include the next ten neighborhoods to round out our Top 20 most expensive Louisville neighborhoods.
- #11 Bonniewood: 4 homes, $772,725
- #12 Lake Forest: 58 homes, $691,087
- #13 Cherokee Triangle: 14 homes, $680,143
- #14 Highlands: 14 homes, $669,964
- #15 Beech Spring Farm: 11 homes, $652,435
- #16 Rolling Fields: 13 homes, $613,077
- #17 Shakes Run: 4 homes, $620,705
- #18 River Creek Estates: 3 homes, $613,000
- #19 Castlewood: 4 homes, $608,600
- #20 Estates of Hunting Creek: 6 homes, $593,824
If you’re looking for Louisville homes for sale by neighborhood, several of these luxury neighborhoods are listed. Have fun gawking!