Metropolitan market · Kentucky · September 2026 data

What is the Madisonville, KY real estate market doing?

As of September 2026, the median home listed in Madisonville, KY asks $226,783, down 3.3% year over year. Homes spend a median of 52 days on market, with 147 active listings and 17% carrying a price cut; pending contracts equal 46% of active listings, and inventory sits at 84% of the same month in 2019 — a balanced market. Figures come from public records and industry data, updated monthly.

Median listing price
$226,783
▼ 3.3% YoY
Median $ / sq ft
$131
1,716 sq ft median
Median days on market
52
September 2026
Active listings
147
For sale now
New listings
66
September 2026
Listings with price cuts
17%
Share of active
Inventory vs 2019
84%
Same month, 2019 = 100
Pending / active
46%
Contract activity
Median sale price (closed)
$217,500
▲ 27.9% YoY · closed sales · July 2026
Sale-to-list ratio
97.0%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
27
Closed sales · July 2026, seasonally adjusted

What is the Madisonville, KY housing market doing right now?

The Madisonville, KY housing market lists at a $226,783 median as of September 2026, down 3.3% year over year, with a 52-day median market time and 147 homes for sale (17% with a price cut). Active inventory is 84% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule.

Madisonville housing market statistics

The table summarizes Madisonville's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Madisonville.

Madisonville, KY housing market at a glance — September 2026
MetricLatestDetail
Median listing price$226,783-3.3% YoY
Median price per sq ft$1311,716 sq ft median
Median days on market52-18% YoY
Active listings147+17% YoY
New listings this month66September 2026
Listings with a price cut17%Share of active
Median sale price (closed)$217,500+27.9% YoY · closed sales, July 2026
Sale-to-list ratio97.0%Closed sales, July 2026, seasonally adjusted
Pending-to-active ratio46.1%68 pending
Inventory vs 201984%Active listings vs same month in 2019

How have home prices changed in Madisonville?

Madisonville home prices are down 3.3% year over year and -3.5% month over month as of September 2026, at a $226,783 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$234K$229K$224K$219K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Madisonville KY · trailing 8 quarters · source: public records and industry data.

The 10-year view
$225K$200K$176K$151K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Madisonville KY · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Madisonville?

Madisonville has 147 active listings, 66 new this month, 68 pending as of September 2026. About 17% of active listings have cut their price, and inventory sits at 84% of its 2019 level — a balanced market by pace.

Active listings
147
New this month
66
Pending
68
Price-reduced
24

Is Madisonville a good real estate investment?

Madisonville scores 61/100 on WealthyBud's composite Investor Score, ranking #238 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
61/100
#238 of 933 covered metros
12-month outlook
+1.2%
Flat · model output, not advice
Momentum
47
Value
79
Rental yield
66
Supply risk
44
Market heat
58

Madisonville scores 61/100 on our composite Investor Score (#238 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 84% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 3.3% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Madisonville ranks on the trending markets index.

How much is a monthly mortgage payment in Madisonville?

A home at Madisonville's $226,783 median listing runs about $1,241 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$1,121/mo
−$121/mo vs today
At today's rate · 7.28%
$1,241/mo
National weekly average
If rates rise 1% · 8.28%
$1,367/mo
+$125/mo vs today

Principal & interest on the $226,783 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Madisonville?

To buy Madisonville’s $226,783 median listing with 20% down, a household needs about $60,000 a year in gross income, keeping principal, interest and property tax ($1,396/mo) at 28% of income. That is 1.0× the area’s $57,610 median household income, so a typical Madisonville household cannot afford the median listing on these terms.

Income needed to buy the median home in Madisonville, KY — September 2026
ItemAmountBasis
Median listing price$226,783September 2026
Down payment (20%)$45,357Assumption
Principal & interest (7.28%, 30-yr fixed)$1,241/moRate as of 2026-10-01
Property tax (0.82% effective rate)$155/moCensus ACS
Income needed (28% rule)$60,000Gross household income / yr
Median household income$57,610Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Madisonville housing market?

Longer-run demand in Madisonville shows up in 201 homes permitted in 2025; net migration of -40 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
201
▲ 64.8% vs 2024
4.5 per 1,000 residents
Net migration (2022–2023)
-40
▼ people, via tax-return records
net income flow −$6.39M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Madisonville housing market FAQ

What is the median home price in Madisonville?
As of September 2026, the median listing price in Madisonville, KY is $226,783, down 3.3% year over year (source: public records and industry data). Figures cover the Madisonville, KY metro area.
How much does it cost to buy a home in Madisonville?
The median home listed in Madisonville asks $226,783 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $1,241 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Madisonville?
The median property in Madisonville spends 52 days on the market, with 147 homes actively listed and 17% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Madisonville?
With a median 52 days on market and 17% of active listings carrying a price cut, pending contracts at 46% of active listings, Madisonville reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Madisonville a good place to invest in real estate?
Madisonville scores 61/100 on WealthyBud's Investor Score, ranking #238 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Madisonville?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Madisonville and the wider Kentucky market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Madisonville, KY metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Kentucky housing markets

Diego Alvarez-Cruz Rental Market Analyst

Diego Alvarez-Cruz is a rental market analyst who covers rent growth, vacancy rates and landlord economics across major U.S. metros. He builds his analysis from public rental-listing indexes and Census housing surveys, focusing on year-over-year rent trends.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.