Louisville KY Short Sales

Many things have changed in the real estate market recently and it can be a bit intimidating for a buyer. But if you understand a few key concepts, you are can be in the driver’s seat for a great deal on your next property.  One type of property sale you definitely want to understand is the short sale. 

View all Short Sales Below

If you want a home in the Louisville area, a short sale might be the right way for you to go.  A short sale refers to a property sale that provides the lender with less money than currently owed by the borrower.  It’s an agreement between the seller (borrower) and his/her lender that can prevent the home from going to foreclosure.Louisville Short Sales

A short sale can provide you with a once in a lifetime opportunity to buy a home at a bargain price.  This might mean more square footage, a better location or higher quality construction than you might otherwise find.  There are some distinct advantages of a short sale over foreclosure too.

Short sale homes are often in better condition than foreclosures because the previous owner sought to sell before they defaulted. That often means they have done a better job maintaining their home until they listed the property too.

How can you ensure that the short sale property that interests you is in good condition? Make a successful home inspection by a reputable firm part of your offer on the home.  Be aware that the lender may be in too much of a hurry for this, but the purchase price will often be low enough to make your risk worthwhile.

If you want to purchase a home in this favorable market, a short sale may well get you much more house for your money. Know the risks. See professional advice and you may well be in your dream home before you know it.

These Louisville Short Sales are updated every day from the  Louisville KY MLS. If you would like more information on any of these Louisville Short Sales for sale, just click the "Request More Information" button when viewing the details of that property. We can provide you with disclosures, past sales history, dates and prices of homes recently sold nearby, and more.

And, if you haven't already, be sure to register for a free account so that you can receive email alerts whenever new Short Sales come on the market.

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$319,900
Bedrooms: 3
Baths: 4
Approx Sq Ft: 3964
1503 Robertson Dr (Under Contract)
Crestwood, KY 40014
MLS #: 1463623
Subdivision: fible farms west
NEW PRICE $319,900! * 1503 Robertson Dr * Sought-after FIBLE FARMS * Spacious & stylish home * 5 ACRES * Nearly 4000 SF finished * FINISHED WALKOUT * 3.5 BATHS...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Re/Max Associates Of Louisville
$300,000
Bedrooms: 4
Baths: 4
Approx Sq Ft: 4500
200 Mason Ln
Sparta, KY 41086
MLS #: 1470247
1.56 Acres. 1st Flr Master. 4 Bedroom 2 Story w/ Both Front & Back Porch. Oversized 2 Car Garage. Huge Country Kitchen- Perfect for Family Dinners! Large 1st...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Huff Realty
$214,000
Bedrooms: 3
Baths: 4
Approx Sq Ft: 2500
9400 Farmstead Ln
Louisville, KY 40291
MLS #: 1461524
Subdivision: seaton place
SHORT SALE. BUYER QUIT! Great opportunity! ALLOW 4 months to close. Great condition, needs a little decorating. Stately home situated on a corner lot with...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Weichert Realtors-Abg Properties
$170,000
Bedrooms: 4
Baths: 2
Approx Sq Ft: 1539
408 Oakwood Dr (Under Contract)
Lebanon Junction, KY 40150
MLS #: 1439977
**RANCH HOME WITH AN OPEN FLOOR PLAN AND A SPLIT BEDROOM DESIGN.** LOTS OF PRIVACY ON THIS 3.172 ACRES WITH HOME SITTING ON A HILLTOP WITH GREAT VIEWS AND A...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Adair Realty Llc
$168,000
Bedrooms: 4
Baths: 3
Approx Sq Ft: 1970
128 Woodfield Cir
Shelbyville, KY 40065
MLS #: 1465675
Subdivision: woodfield
Short Sale-Nice bi-level style home in need of TLC throughout. Offering 4 bedrooms, 3 full baths and 1900+sqft. Main floor host Living room with brick gas...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Home Land Of Kentucky
9110 Gayle Dr Louisville, KY 40272
$152,500
Bedrooms: 3
Baths: 2
Approx Sq Ft: 1455
9110 Gayle Dr
Louisville, KY 40272
MLS #: 1470011
Subdivision: timothy hills
This is a short-sale - Property sold as-is - no repairs will e done by seller.
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Real Estate Unlimited
$144,500
Bedrooms: 2
Baths: 1
Approx Sq Ft: 1425
2210 Paris Dr
Louisville, KY 40218
MLS #: 1466239
Subdivision: matthews manor
Short Sale - You just found your new home! Imagine pulling into the driveway of this fabulous home located on this large lot. Think of how great it's going to...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Keller Williams Realty Louisville East
$144,000
Bedrooms: 3
Baths: 2
Approx Sq Ft: 1466
1509 Turquoise Dr
Louisville, KY 40214
MLS #: 1463693
Subdivision: iroquois vista
3 BEDROOM 2 BATH RANCH IN BEAUTIFUL NEIGHBORHOOD OVERLOOKING IROQUOIS PARK. You have an open layout that includes spacious family room with electric fireplace...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Red Edge Realty
4800 Libby Ln Louisville, KY 40272
$130,000
Bedrooms: 3
Baths: 2
Approx Sq Ft: 1353
4800 Libby Ln
Louisville, KY 40272
MLS #: 1469833
Subdivision: mound view park
Short sale, being sold AS-IS. All offers are subject to Lender approval.
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Landmark Real Estate Services Llc
$129,900
Bedrooms: 2
Baths: 2
Approx Sq Ft: 1804
5216 Monaco Dr
Louisville, KY 40219
MLS #: 1468989
Subdivision: morningside heights
Short sale sold as is, subject to lender third-party approval.
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Berkshire Hathaway Homeservices, Parks & Weisberg Realtors
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LOUISVILLE Market Trends

Total Properties Listed: 5,733
Month-Over-Month Change: 0.09%
Average Days On Market: 176
Total New Properties Today: 10
Median List Price: $158,759
Month-Over-Month Change: 11.25%