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Why Live in Newburg
Newburg, a historic neighborhood in Louisville, is known for its multicultural community and active involvement. Originally an independent city, it features a mix of mid-1900s ranch-style homes and apartments, making it appealing to both renters and homeowners. The Newburg Community Center offers diverse programs for all ages, including tai chi, zumba, and arts education. The nearby Newburg Library provides a teen lounge, after-school programs, and eco-friendly facilities. Annual events like the Newburg Days Festival and Light Up Newburg foster community spirit with parades, live music, and activities for children and seniors. Petersburg Park, a 28-acre recreational space, includes an amphitheater, playground, basketball courts, and a skate park, while Black Mudd Park offers additional sports facilities. Local dining options on Poplar Level Road include Sam’s Seafood & Grill and La Chiquita Bakery & Store, known for their seafood and Cuban specialties. Essential shopping needs are met by nearby Sam’s Club, Target, and Jefferson Mall. The Transit Authority of River City (TARC) provides public transportation throughout the neighborhood and into downtown Louisville. While Newburg is somewhat walkable and bikeable, most residents use cars for daily activities. The neighborhood is conveniently located within 5 miles of the University of Louisville – Peace Hospital, Norton Audubon Hospital, and Louisville Muhammad Ali International Airport. Potential homebuyers should be aware of flooding risks, particularly near the southwestern edge along Preston Highway.
Home Trends in Newburg, KY
On average, homes in Newburg, Louisville sell after 12 days on the market compared to the national average of 51 days. The median sale price for homes in Newburg, Louisville over the last 12 months is $200,000, up 10% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$200,000
Median Single Family Sale Price
$200,500
Median 2 Bedroom Sale Price
$169,000
Average Price Per Sq Ft
$161
Number of Homes for Sale
12
Last 12 months Home Sales
178
Months of Supply
0.80
Median List Price
$199,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
10%
Newburg Types of Homes for Sale
More About Living in Newburg
Homes in Nearby Cities
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