Introduction

August is one of the busiest months for families making a move. In this blog, we’ll explore why this season is so popular, how to time your relocation around the school calendar, and what factors to keep in mind if you’re buying a home with children—all while staying compliant with Fair Housing regulations.

Current Market Snapshot

📊 Home Prices Continue to Climb

As of July 2025, the median home price in Louisville is hovering around $310,000, which represents a 5.7% increase compared to July 2024. Price growth has slowed slightly since the spring rush, but values remain historically high due to sustained demand and limited listings.

📉 Inventory Still Tight

Inventory remains below the historical norm, though we’re starting to see a slight uptick in new listings as more sellers come off the sidelines. Louisville currently has just under 2 months of inventory—still a seller’s market (a balanced market typically has 5–6 months).

⏳ Homes Selling Quickly

The average home in Louisville spends just 18 days on market, with many receiving multiple offers in the first week—especially in price ranges below $400,000.

💰 Interest Rates Impacting Buyer Behavior

Mortgage rates are currently sitting between 6.75% and 7.1%, depending on credit and loan type. While higher than the ultra-low rates of 2021–2022, buyers are adjusting. Many are seeking out rate buydowns, adjustable-rate options, or leaning on local lenders to get creative.

What Buyers Need to Know

If you’re house-hunting in today’s market, here’s what to keep in mind:

🏡 Is Now a Good Time to Buy?

Yes—if you’re financially ready and have a strong agent by your side. While interest rates are higher, waiting may mean paying even more if prices continue to rise. Owning a home also builds equity and stability over time.

🔑 How to Stand Out in a Competitive Market

  • Get pre-approved before viewing homes.

  • Act quickly when you find a property you like.

  • Work with a local agent who knows the market (and how to write a strong offer).

  • Be open to homes that need minor cosmetic updates—they may have less competition.

🧭 Why Work With The Monarch Group

We bring a hyper-local approach to real estate. Our team lives, works, and negotiates right here in the Louisville area. We know how to uncover off-market opportunities, structure competitive offers, and connect buyers with trusted local lenders to strengthen your position.

What Sellers Need to Know

Sellers still have the upper hand in today’s market—but strategy matters.

🔥 Are Homes Still Selling Fast?

Yes. Homes that are priced correctly and presented well are selling quickly—often with multiple offers, especially in East Louisville, Oldham County, and neighborhoods near top schools.

⌛ Should You List Now or Wait Until Fall?

Summer remains a strong selling season, and with low inventory, you face less competition. If you’re ready to move, now is a great time to list. Waiting until fall could mean fewer buyers and slower activity.

🛠️ How to Prepare for a Profitable Sale

  • Declutter and stage key rooms (or let us handle that for you).

  • Invest in small updates—like fresh paint, landscaping, or lighting.

  • Professional photography is a must (we provide it).

  • Partner with the right team who can market your home online and offline.

Spotlight on Hot Neighborhoods

Certain areas are especially active right now—great for both buyers seeking value and sellers looking to capitalize.

📍 East End (Middletown, Jeffersontown, Fern Creek)

These suburbs continue to attract families and young professionals. Newer construction homes and access to shopping and parks are big draws.

📍 St. Matthews & Crescent Hill

Close to downtown with historic charm and walkability—these areas see consistent buyer interest and quick sales.

📍 Crestwood & LaGrange (Oldham County)

Top-rated schools and more space per dollar make these towns a magnet for families. Homes here often sell fast, especially those priced between $350K–$550K.

📍 Germantown & Shelby Park

Urban, hip, and in high demand among first-time buyers and investors. Renovated homes here are flying off the market.

What This Means for You

Key Takeaways:

  • Buyers: Expect competition, but deals are still out there with the right game plan.

  • Sellers: You’re in a strong position—especially if you price right and prep properly.

  • Overall: It’s still a seller’s market, but buyers with patience and strategy can win.

Who Has the Advantage Right Now?

Sellers are still favored, but buyers who are flexible and fast-moving are finding success—especially with help from an experienced agent who knows how to negotiate in this kind of market.

How The Monarch Group Helps You Win

Whether you're buying or selling, The Monarch Group offers a personalized, full-service approach. From staging and pricing to negotiation and closing, we handle the details so you can move with confidence. We're more than agents—we're advocates, educators, and trusted neighbors.

Call to Action

Thinking about buying or selling this summer? Let’s talk.

We’re here to guide you every step of the way—whether you’re just browsing or ready to make a move.

👉 Explore current listings at www.monarchgroup.homes
👉 Schedule a free consultation with one of our local experts
👉 Follow us on Instagram @themonarchgroupky for weekly listings, tips, and behind-the-scenes market insights