Madisonville, KY

Buyer's market+32.8% YoY

Housing market overview · Updated weekly

$202,500median sale price

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

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

Price drops:21.4%of listings
Sale-to-list:95.7%

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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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