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St. Matthews Real Estate Market Update – February 2026
- Jay Pitts
- Mar 5
- 2 min read
Louisville, Kentucky
The St. Matthews housing market continues to show strong activity as we move through early 2026. Known for its central location, walkability, and established neighborhoods, St. Matthews remains one of the most desirable areas in Louisville for both buyers and sellers.
Based on the most recent MLS data for the area, here’s a snapshot of what’s happening in the market.
Current Inventory in St. Matthews
At the time of this report, there were 67 active listings in the St. Matthews area. This represents the current inventory available for buyers looking in this popular Louisville neighborhood.
The average list price of active homes is approximately $592,800, reflecting the strong demand for homes in this area and the wide range of properties—from charming mid-century ranch homes to higher-end renovated properties and condos.
Inventory remains relatively tight compared to demand, which means well-priced homes are still moving quickly.
Homes That Sold in February
There were 20 closed sales in the St. Matthews market during the reporting period.
Key highlights from those sales include:
Average sold price: ~$638,800
Median sold price: ~$416,250
The difference between the median and average price suggests a mix of price points in the market, including several higher-end sales that pulled the average upward.
St. Matthews continues to attract buyers who value:
Proximity to downtown Louisville
Access to shopping and restaurants in the Frankfort Avenue and Shelbyville Road corridors
Established neighborhoods with mature trees and character homes
Pending and Off-Market Activity
In addition to the homes that have closed:
17 properties are currently pending, meaning they are under contract and likely to close soon.
13 listings were cancelled
2 listings expired
Cancelled and expired listings typically occur when properties are overpriced or when sellers decide to pause their move, but they represent a small portion of overall activity in the market.
What This Means for Buyers
Buyers considering St. Matthews should be prepared for:
Competitive offers on well-priced homes
Limited inventory in certain price ranges
Quick decision timelines when the right home becomes available
Working with a local agent who understands the neighborhood can help buyers identify opportunities before they disappear.
What This Means for Sellers
For homeowners in St. Matthews, the market conditions remain favorable.
With strong buyer demand and relatively limited inventory, properly priced homes continue to attract attention. Sellers who prepare their homes well and price strategically are often seeing quick showings and strong interest.
Why St. Matthews Remains One of Louisville’s Hottest Neighborhoods
St. Matthews consistently ranks among Louisville’s most sought-after communities because it offers:
A central location just minutes from downtown
Excellent shopping and dining options
Walkable neighborhoods and parks
A mix of classic homes and modern renovations
Whether you’re looking to buy, sell, or simply keep track of the market, St. Matthews continues to be one of the most dynamic real estate areas in Louisville.
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