Madisonville, KY Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Madisonville, KY is $202,500, up 32.8% year-over-year. Homes sell in an average of 136 days with 70 active listings. The market is currently a buyer's market.
$202,500median sale price
Is Madisonville a buyer's or seller's market?
Madisonville, KY is currently a buyer's market, based on 8.8 months of supply and homes selling in about 136 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
136
Average pace
Active listings
70
8.8 months supply
Sale-to-list
95.7%
Below asking
Madisonville, KY market data
| Metric | Value |
|---|---|
| Median sale price | $202,500 |
| Median list price | $179,950 |
| Year-over-year price change | +32.8% |
| Average days on market | 136 days |
| Active inventory | 70 listings |
| Months of supply | 8.8 months |
| Sale-to-list price ratio | 95.7% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Madisonville housing market is currently classified as a buyer's market with a median sale price of $202,500. Prices have risen 32.8% compared to last year, with homes spending an average of 136 days on market, indicating 8.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Madisonville
There are currently 70 homes listed for sale in Madisonville, Kentucky. The median listing price is $180K.
Active listings
70
Homes on market
Median list price
$180K
Avg. days on market
136
Days until sale
New this week
12
Newly listed
Top public schools in Madisonville
14 schools tracked · 4,593 students
The largest public schools serving Madisonville, KY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Madisonville North Hopkins High School
Grades 9-12 · 1,076 students
Hopkins County Central High School
Grades 9-12 · 868 students
James Madison Middle School
Grades 6-8 · 483 students
Jesse Stuart Elementary School
Grades PK-5 · 477 students
Browning Springs Middle School
Grades 6-8 · 462 students
West Broadway Elementary School
Grades PK-5 · 460 students
Pride Elementary School
Grades PK-5 · 379 students
Grapevine Elementary School
Grades PK-5 · 313 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in Madisonville?
The median home sale price in Madisonville is $202,500, up 32.8% from last year.
How long do homes stay on market in Madisonville?
Homes typically spend 136 days on market before going under contract.
Is Madisonville a buyer's or seller's market?
With 8.8 months of supply, Madisonville is currently a buyer's market.
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