Madisonville, KY Housing

The housing market in Madisonville, KY is quite different from the rest of the country. The median value of a house in Madisonville is $132,800 which is far lower than the national median value of $338,100. While the US has seen a 1 year appreciation rate of 8.27%, Madisonville's appreciation rate was slightly lower at 6.27%. This indicates that homes in Madisonville are still relatively affordable compared to other areas in the country, making it an attractive place to live for those looking to buy or rent.

The median home cost in Madisonville is $132,800. Home appreciation the last 10 years has been 52.9%. Home Appreciation in Madisonville is up 10.6%.

Average Age of Homes

- The median age of Madisonville real estate is 46 years old

The Rental Market in Madisonville

- Renters make up 34.2% of the Madisonville population
- 4.1% of houses and apartments in Madisonville, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Madisonville, Kentucky	United States
	9,122.0	139,647,020.0
	47	42
	$132,800	$338,100
	10.6%	16.6%
	39.4%	57.0%
	52.9%	101.1%
	$8.76	$10.98
	$1,144	$2,690
	50.3%	57.4%
	11.6%	11.2%
	38.2%	31.4%
Vacant Housing
	4.1%	1.9%
	0.6%	0.4%
	1.5%	0.7%
	0.0%	0.4%
	0.2%	3.6%
	5.1%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	5.4%	2.4%
	7.4%	2.8%
	13.6%	3.9%
	9.7%	4.5%
	23.8%	11.3%
	16.7%	13.0%
	15.4%	20.1%
	2.4%	13.6%
	1.2%	8.3%
	1.0%	9.7%
	1.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	6.1%	13.6%
	6.1%	13.6%
	13.2%	13.6%
	12.8%	13.2%
	22.5%	14.8%
	13.2%	13.6%
	11.4%	10.0%
	5.4%	4.7%
	12.5%	12.2%