House Prices

House Prices & Home Values Louisville, IL 2026


Average Data

average house price$114,288
average size per house1875 ft²
average price per ft²61 $ / ft²

04/19/2026 - The value range (VR) for house prices in Louisville, IL is $63/ sqft to $63/ sqft. An average home with 1875 sqft costs approximately $118,125 to $118,125. Louisville, IL includes 1 ZIP codes and it is located in Clay county. The lowest prices are found in ZIP 62858, while the highest are in ZIP 62858. The average price per sqare feet is $61. Our analysis is based on 8 property listings.

Avergage prices by ZIP codes Louisville

6285864 $ / ft²




Historical development of home values in Louisville

Year Estimated value (USD) Change vs. 2025
2010 $53,077 -53.6%
2011 $51,025 -55.4%
2012 $50,888 -55.5%
2013 $52,790 -53.8%
2014 $55,414 -51.5%
2015 $58,259 -49.0%
2016 $61,299 -46.4%
2017 $64,607 -43.5%
2018 $68,179 -40.3%
2019 $71,341 -37.6%
2020 $75,029 -34.4%
2021 $85,337 -25.3%
2022 $99,484 -13.0%
2023 $104,910 -8.2%
2024 $110,979 -2.9%
2025 $114,288 0.0%

Graph: estimated home values in Louisville over time (USD)



Example: 100% financing house in Louisville

Loan amount: $114,288

Interest rate: 6.00%

Fixed monthly payment: $685.21

Breakdown in the 1st month:
Interest portion: $571.44  –  Principal portion: $113.77

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $6,819.10 $1,403.47 $112,884.53
2 $6,732.54 $1,490.03 $111,394.50
3 $6,640.64 $1,581.93 $109,812.56
4 $6,543.07 $1,679.51 $108,133.06
5 $6,439.48 $1,783.09 $106,349.96
6 $6,329.50 $1,893.07 $104,456.89
7 $6,212.74 $2,009.83 $102,447.06
8 $6,088.78 $2,133.79 $100,313.27
9 $5,957.17 $2,265.40 $98,047.87
10 $5,817.45 $2,405.13 $95,642.74
11 $5,669.10 $2,553.47 $93,089.27
12 $5,511.61 $2,710.96 $90,378.31
13 $5,344.40 $2,878.17 $87,500.14
14 $5,166.89 $3,055.69 $84,444.46
15 $4,978.42 $3,244.15 $81,200.30
16 $4,778.32 $3,444.25 $77,756.06
17 $4,565.89 $3,656.68 $74,099.38
18 $4,340.36 $3,882.22 $70,217.16
19 $4,100.91 $4,121.66 $66,095.50
20 $3,846.69 $4,375.88 $61,719.62
21 $3,576.80 $4,645.77 $57,073.85
22 $3,290.26 $4,932.31 $52,141.53
23 $2,986.04 $5,236.53 $46,905.00
24 $2,663.07 $5,559.51 $41,345.50
25 $2,320.17 $5,902.40 $35,443.09
26 $1,956.12 $6,266.45 $29,176.64
27 $1,569.62 $6,652.95 $22,523.69
28 $1,159.28 $7,063.29 $15,460.40
29 $723.63 $7,498.94 $7,961.46
30 $261.11 $7,961.46 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Louisville, IL


1500 sqft3900 sqft
Ø selling price$110,716$235,522
Ø fast selling$100,651$211,969
Ø high price sale$120,781$259,074

In 2026, houses in Louisville, IL will be offered at an average price of $61 per square foot. A 1,500 sqft home priced at $110,716 is 23.25% more expensive per square foot than a 3,900 sqft home priced at $235,522. Home prices in Louisville, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $163,053. Sellers who can wait longer may achieve a higher price of up to $199,288.


Louisville, IL Travel and Living Guide

Location and Access

Louisville, IL is a friendly village in Clay County known for small-town charm and central Southern Illinois access.
Located along U.S. Route 45, it serves as a convenient stop between Effingham and Flora for travelers and commuters.

History and Community

The village traces its roots to 19th-century settlement and today anchors county services as the Clay County seat.
Community pride shows in local festivals, volunteer organizations, and well-kept neighborhoods.

Outdoor Recreation

Visitors enjoy fishing and picnicking at nearby parks and lakes, plus scenic country roads ideal for cycling.
Families appreciate playgrounds, ball fields, and seasonal youth sports that keep kids active.

Economy and Real Estate

Louisville, Illinois features a diversified local economy with agriculture, small businesses, healthcare, and public sector jobs.
Housing options range from historic homes to budget-friendly ranches, offering competitive prices and low property taxes.

Dining, Schools, and Connectivity

From hometown diners to quick-service stops, local restaurants serve classic Midwest comfort food and friendly service.
With reliable schools, essential amenities, and proximity to interstates, Louisville, IL offers an affordable, connected lifestyle.



FAQ – Home Values in Louisville

What is the median home value in Louisville in 2026?

In 2026, the typical home value in Louisville is about $114,288 for an average home size of 1875 square feet. This corresponds to an average price of roughly $61 per square foot.

What is the average cost per square foot in Louisville?

In 2026, homes in Louisville sell for an average of around $61 per square foot, with a typical range between $63 and $63 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Louisville is about 1875 square feet, with an estimated 2026 value around $114,288.



Locations close to Louisville, IL

Mc Leansboro, IL66 $ / ft²
Macedonia, IL221 $ / ft²
Maunie, IL231 $ / ft²
Logan, IL65 $ / ft²
Kinmundy, IL96 $ / ft²
Kell, IL120 $ / ft²
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