Louisville, KY Foreclosures for Sale - Short Sale Real Estate

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2,440 Properties Found in Louisville, KY

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Louisville Metro and Neighborhood Information

Louisville is Kentucky's largest city and straddles the border with Indiana, hence its nickname Kentuckiana. Nearby are the Falls of the Ohio, a national wildlife conservation area whose rapids are the only natural obstacle in the Ohio River. Historically, Louisville has served as a distribution and transportation hub, and with it, the city has experienced renewed popularity and prosperity, which has carried it to its present status as the 16th most-populated city in the nation.

Despite its embattled Civil War past, Louisville's rich history is colored by other claims to fame. It is best known for hosting the Kentucky Derby, the first leg of the Triple Crown trio of thoroughbred horse races. It is the most popular horse racing event and is dubbed 'The Most Exciting Two Minutes in Sports.' The city is also the birthplace of the Louisville Slugger, the official bat of Major League Baseball and a catalyst that revolutionized America's favorite pastime. The Louisville Slugger Museum showcases the history of the popular brand and houses exhibits of historical bats, such as the one legendary baseball player Babe Ruth used for his last homerun as a New York Yankee. The Belle of Louisville steamboat is perhaps one of the most beloved symbols of this city. Built in 1914, this grand ship is the oldest steamboat in operation; it became a National Historic Landmark in 1989.

Affordable housing

Due to recent renewal efforts, the city is experiencing more steady growth, especially in home appreciations, according to the Office of Federal Housing Enterprise Oversight (OFHEO). Louisville's affordable housing prices have attracted many new families to the area. Currently, the average price for Louisville homes for sale is $159,900.

The Old Louisville neighborhood has one of the most diverse populations in the city, and it boasts a large collection of Victorian houses. This sprawling community of 1,205 acres was the city's first suburb and offers dozens of stately homes and vintage architectural styles. To buy a home in this charming town, expect to pay an average price of just $65,000.

The more modern entertainment district of the Highlands neighborhood offers its own brand of charm, bounded by Beargrass Creek near downtown. It was the last neighborhood in the downtown district to be urbanized, and it has since amassed a high concentration of nightclubs, restaurants and shopping venues. A wealth of housing is on sale here, including apartments, condominiums, townhouses and single family homes. Affordable as always, homes here start with an average price of $170,000. So whether you're looking for old town charm or modern convenience, start your Louisville home search today!

'''Sources and more information:'''
http://en.wikipedia.org/wiki/Louisville
http://experts.about.com/e/h/hi/History_of_Louisville,_Kentucky.htm
http://en.wikipedia.org/wiki/Louisville_Slugger_Museum
http://www.belleoflouisville.org/
http://www.census.gov/population/www/
http://www.courier-journal.com/kyguide/2005/realestate_overview.htm
http://www.courier-journal.com/kyguide/2005/realestate_ky_lives.htm
http://www.courier-journal.com/apps/pbcs.dll/article?AID=/20050710/BUSINESS/50711001&SearchID=73214057455274
http://www.realtor.org/Research.nsf/files/REL06Q1T.pdf/$FILE/REL06Q1T.pdf
http://www.oldlouisville.com/old_louisville.htm
http://en.wikipedia.org/wiki/The_Highlands_%28Louisville%29

Community Information for 40207

Population: 29,222

Median Age: 43

Median Household Income: $72,677

Households with Children: 35.72%

Median Travel Time to Work: 20 minutes

Real Estate Market Information

Median years in residence: 8

Homes Owned: 69.08%

Homes Rented: 26.99%

Homes Vacant: 3.94%

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About HomeFinder.com: HomeFinder.com is a real estate search engine built to assist you in searching for the best Louisville homes for sale. Our database of over 3 million listings nationwide and detailed property trends help you make sense of Louisville home buying trends. You can view different homes for sale in Louisville by price, number of bedrooms and bathrooms, and even more advanced search criteria such as swimming pools and golf courses. You can also modify your search by property type including Louisville condos and Louisville foreclosures. Our vast hometown newspaper affiliates to give you the most Louisville open houses, updated daily, the largest number of open house listings available on Thursday, Friday and Saturday.

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Louisville, KY Community Information

Louisville Metro and Neighborhood Information

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