Why Live in Algonquin
Algonquin, a neighborhood in Louisville, is situated three miles from downtown and blends industry, apartments, and homes. The area is undergoing a transformation with newly-renovated housing along Algonquin Parkway and a community-led redevelopment project set to complete by 2025. The neighborhood is generally walkable with Transit Authority of River City (TARC) buses providing connectivity, though many residents rely on cars. The University of Louisville Hospital is about 2 miles away, and Louisville Muhammad Ali International Airport is roughly 6 miles south. Housing styles include early- and mid-20th-century Craftsman bungalows and National-inspired homes, many with modern updates. Algonquin Park, part of the Olmsted Parks system, features a pollinator garden, basketball court, sprayground, and the only Olmsted park pool in Louisville, currently under renovation. The Parkhill Community Center offers after-school programs and a playground. Dining options include InKredible’s Burgers & Shakes and Franco's Restaurant and Catering. The Commerce Center and Southland Terrace Shopping Center host local businesses, with grocery needs met at Save-A-Lot. Algonquin is part of the Jefferson County school district, with various schooling options available. The neighborhood is safer than the national average, and ongoing community projects aim to further enhance safety and amenities.
Home Trends in Algonquin, KY
On average, homes in Algonquin, Louisville sell after 134 days on the market compared to the national average of 70 days. The median sale price for homes in Algonquin, Louisville over the last 12 months is $530,500, up 36% from the median home sale price over the previous 12 months.
Median Sale Price
$530,500
Median Single Family Sale Price
$530,500
Median Townhouse Sale Price
$305,000
Median 2 Bedroom Sale Price
$150,000
Average Price Per Sq Ft
$257
Number of Homes for Sale
3
Last 12 months Home Sales
75
Median List Price
$618,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
36%