Madisonville, KY
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
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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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