Spring Valley, KY Housing Market

Homes for sale

The Spring Valley housing market is very competitive. The median sale price of a home in Spring Valley was $500K last month, up 53.8% since last year. The median sale price per square foot in Spring Valley is $127, down 51.0% since last year.

Trends
Demand
Migration
Schools
Climate

Spring Valley Housing Market Trends

What is the housing market like in Spring Valley today?

In August 2024, Spring Valley home prices were up 53.8% compared to last year, selling for a median price of $500K.

$500K

Sale Price

+53.8%
since last year

$127

Sale $/Sq. Ft.

-51.0%
since last year

Over List Price

0.7%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Spring Valley and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Spring Valley add value to a home.

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How hot is the Spring Valley housing market?

Spring Valley is very competitive. Homes sell in 7 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 7 days.
Hot homes
can sell for about 5% above list price and go pending in around 3 days.

Compare With Nearby Cities

Louisville

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 28 days.
Hot homes
can sell for about 1% above list price and go pending in around 8 days.

Shelbyville

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 28 days.
Hot homes
can sell for around list price and go pending in around 5 days.

See more nearby cities and neighborhoods

Spring Valley Migration & Relocation Trends

In Sep '24 - Nov '24, 27% of Spring Valley homebuyers searched to move out of Spring Valley, while 73% looked to stay within the metropolitan area.

Where are people moving to Spring Valley from?

Across the nation, 0.27% of homebuyers searched to move into Spring Valley from outside metros.
Washington homebuyers searched to move into Spring Valley more than any other metro followed by Los Angeles and Chicago.

Where are people from Spring Valley moving to?

73% of Spring Valley homebuyers searched to stay within the Spring Valley metropolitan area.
Lexington was the most popular destination among Spring Valley homebuyers followed by Cincinnati and Bowling Green.

Number of People Moving to Spring Valley

least

most

People are moving to Spring Valley from

Inbound		Net inflow
Metros		Sep '24 - Nov '24
1	Washington, DC	632
2	Los Angeles, CA	130
3	Chicago, IL	111
4	Indianapolis, IN	110
5	New York, NY	74
6	Seattle, WA	49
7	San Francisco, CA	46
8	San Diego, CA	36
9	Phoenix, AZ	30
10	Columbus, OH	28

People are leaving Spring Valley for

Outbound		Net outflow
Metros		Sep '24 - Nov '24
1	Lexington, KY	212
2	Cincinnati, OH	178
3	Bowling Green, KY	48
4	Sarasota, FL	37
5	Evansville, IN	37
6	Cape Coral, FL	34
7	Knoxville, TN	30
8	Jacksonville, FL	19
9	Charleston, SC	18
10	Myrtle Beach, SC	17

Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

View houses in Spring Valley that sold recently

Recently sold homes

SOLD AUG 23, 2024
$500,000 Last Sold Price
5 beds
3.5 baths
3,937 sq ft
7400 Lanfair Dr, Louisville, KY 40241
RE/MAX Premier Properties
List Price
$475,000
Sale to List
5% over list
Days on Market
22 days
7400 Lanfair Dr, Louisville, KY 40241

Schools in Spring Valley

Learn about schools in the Spring Valley area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Spring Valley housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Spring Valley.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Major

78% of properties are at major risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Spring Valley

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