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Is Louisville, AL 36048 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Louisville is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market0Listing to accepted offer
Median price per sq ft$103

The Louisville housing market right now

In the three months ending August 31, 2026, 0% of homes in Louisville, AL 36048 sold above their list price, the typical home went under contract in 0 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.

Nearby, Clayton 36016 (50% sold over asking) and Eufaula 36027 (4% sold over asking) are even more competitive.

Run the numbers for 36048

Prefilled for 36048Can I win this house?Multiple-offer likelihood for a listing Prefilled for 36048Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Clayton 36016Buyer’s market $114 /sq ftClio 36017 — /sq ftEufaula 36027Buyer’s market $112 /sq ft Browse all markets →

Towns like Louisville nearby

Find towns like Louisville in other states →
Clio, AL36017 · 8 miles away83% similarlarger · younger residents Clayton, AL36016 · 9 miles away78% similarlarger · younger residents Grady, AL36036 · 37 miles away78% similarpricier homes ($63K more) · larger Fort Gaines, GA39851 · 32 miles away75% similarlarger · 6 min shorter commute

Where Louisville is

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Questions about Louisville real estate

Is Louisville a buyer’s or seller’s market?

A seller’s market: there were 3.2 months of supply in Louisville, AL 36048 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Louisville?

The typical home went under contract in 0 days in the latest three months.

Do homes in Louisville sell over asking?

0% of homes sold above their original list price.

What are property taxes in Louisville?

About 0.41% of a home’s value a year in Barbour County, or roughly $1,640 on a $400,000 home.

What is the median home price in Louisville?

The median sale price was $166,928 in the three months ending August 31, 2026, about $103 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology