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What Is It Like Living in Shelbyville, Kentucky? A Local REALTOR®'s GuideIf you're considering buying a home in Shelbyville, Kentucky, the first thing to understand is that Shelbyville and
2023 Housing Market Forecast
Dated: December 18 2022
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Message From David Hittle, Realtor - United Real Estate Louisville
So as I continue to get used to sleepless nights and a newborn baby sleeping just feet away I continue to strive to provide you with up-to-date real estate news. Today is Bake Cookies Day. Who doesn't love fresh baked cookies straight out of the oven? If you love to bake cookies today is your day, if you are not a baker then go to your local grocery store and get the freshest cookies you can find and enjoy Bake Cookies Day!
The upcoming holiday's have brought homebuyer's even more gifts. This week mortgage interest rates dropped for the fourth consecutive week. Rates this week averaged 6.31%, down from the high of 7.08% achieved earlier this year. As the Federal Reserve continues to get a handle on America's inflation problem, interest rates are bound to continue to fluctuate. All we know for sure, is that interest rates right now are on a downward streak, but that could change anytime. If you are thinking about buying a home but the interest rates have you a little freaked out remember this adage because it rings true today more than ever: "Marry the Home, Date the Rate." When interest rates fall in the future you can always refinance, you won't always have the chance to buy that home for that price. Don't miss your opportunity to own the home you want to own, because while interest rates are going up and down, home prices are going up, up, up.
In the Louisville Real Estate Market however, the housing market continues to remain in Hot Seller's Market territory. Today, 2,072 listings are live on the market here in the Louisville Multiple Listing Service. In the Lexington Multiple Listing Service we have 2,616 listings that are live on the market. And in the Northern Kentucky Multiple Listing Service we have 767 for a combined total of 5,455 listings on the market. The absorption rate or months worth of inventory sits at 1.66 continuing to indiciate a Seller's Market in Louisville, Kentucky.
If you or someone you know has questions about the real estate market, or you would like a personal neighborhood market report don't hesitate to reach out and ask.
You can also visit my website www.shopkentuckyhomes.com - and enter your zip code to receive a market report as well.
Don't try to navigate this changing housing market alone, have confidence by having a professional by your side during your real estate transaction.
David Hittle, Certified Real Estate Negoitator (CREN), NAR e-Pro, 2x VA Certified, Realtor
United Real Estate Louisville
Shop Kentucky Homes
502-489-1135 (Call or Text)
Shopkentuckyhomes@gmail.com
David Hittle
David Hittle is a licensed real estate agent with United Real Estate Louisville, serving buyers and sellers throughout Louisville, Kentucky and surrounding counties. Specializing in residential real e....
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Data last updated: September 13, 2026 11:43 AM UTC and updating occurs daily
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than United Real Estate Louisville are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker.
© 2026 Metro Search, Inc.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than United Real Estate Louisville are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to
REALTOR® Association of Southern Kentucky All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
Heart of Kentucky Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
