Madisonville, KY Housing Market & Real Estate

Buyer's market+32.8% YoY

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?

Buyer's market8.8 months of supply136 avg. days on 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

Current housing market statistics for Madisonville, KY
MetricValue
Median sale price$202,500
Median list price$179,950
Year-over-year price change+32.8%
Average days on market136 days
Active inventory70 listings
Months of supply8.8 months
Sale-to-list price ratio95.7%
Market conditionBuyer'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

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

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

Public

Hopkins County Central High School

Grades 9-12 · 868 students

Public

James Madison Middle School

Grades 6-8 · 483 students

Public

Jesse Stuart Elementary School

Grades PK-5 · 477 students

Public

Browning Springs Middle School

Grades 6-8 · 462 students

Public

West Broadway Elementary School

Grades PK-5 · 460 students

Public

Pride Elementary School

Grades PK-5 · 379 students

Public

Grapevine Elementary School

Grades PK-5 · 313 students

Public

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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