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New Construction Homes Under $200K in Louisville, KY

0 Homes

From $186,900

3 Br | 2 Ba | 1,050 sq ft

1375 E Main Street. Horse Cave, KY 42749

From $179,900

3 Br | 2 Ba | 1,170 sq ft

4029 Churchman Ave. Louisville, KY 40215

From $179,500

3 Br | 2 Ba | 1,246 sq ft

576 West Pierce Street. Lebanon, MO 65536

From $174,900

3 Br | 2 Ba | 1,022 sq ft

503 Texas Avenue. Lebanon, MO 65536

From $174,900

3 Br | 2 Ba | 1,022 sq ft

505 Texas Avenue. Lebanon, MO 65536

From $199,900

3 Br | 2 Ba | 1,099 sq ft

119 Marshall Drive. Charlestown, IN 47111

From $199,900

3 Br | 2 Ba | 1,568 sq ft

90 Sagewood Court. Cecilia, KY 42724

From $174,900

4 Br | 2 Ba | 1,500 sq ft

19773 Crabapple. Lebanon, MO 65536

From $65,000

3 Br | 2 Ba

7208 Jan Place St. Louisville, KY 40258

From $189,999

3 Br | 2 Ba | 1,075 sq ft

320 Halcyon Lot 2 Road. Charlestown, IN 47111

From $124,000

3 Br | 2 Ba | 924 sq ft

153 Waterview Lane. Cub Run, KY 42729

From $65,000

3 Br | 2 Ba

405 North Street. Radcliff, KY 40160

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Market Snapshot

Top New Home Cities in Louisville

CityHomesAverage New Home Price
Louisville146$388,240
Mount Washington71$345,281
Shelbyville57$339,132
La Grange48$416,336
Shepherdsville41$329,740
Charlestown35$284,058
Fisherville17$462,748
Henryville13$395,156
Floyds Knobs13$304,073
Sellersburg13$326,535
Prospect12$590,150
Memphis11$318,535

Louisville features many of the best homes builders and new construction homes in Kentucky, but finding lower priced homes has become increasingly difficult. In the last few years, the cost of building a new home in Louisville has increased substantially. Despite the rising trend of housing prices, it is still possible to design and build an affordable home in the Louisville area. In fact, there are 12 new homes for sale in Louisville with a good selection of cheaper homes starting at under $200K.

How to Find Cheap Homes in Louisville, KY for Less than $200K?

Many builders recognize there is growing demand in the Louisville area for homes under the $200k price point and often have a few floor plans available, but these cheaper houses may be in limited supply. To ensure affordability without compromising on the quality of the home, builders may utilize value engineering techniques to reduce the cost of construction and keep the price of the home as low as possible. This may include building on a smaller lot or utilizing standard-sized materials, such as windows and doors, that provide high-value for the cost. The results are delivering similar quality at cheaper prices.