Market Overview
Home Prices in Dawson Springs, KY
The median home value in Dawson Springs, KY is $121,089 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 12.4% compared to a year ago and up 7.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dawson Springs are priced70% below average. Dawson Springs is part of the Madisonville, KY metro area.
Over the past five years, Dawson Springs home values have risen by approximately20.0%, reflecting steady appreciation in this market.
Price History
Dawson Springs Home Price Trend
City Comparison
Dawson Springs vs. National Median
At $121,089, homes in Dawson Springs cost 70% below the national median of $410,000. This makes Dawson Springs a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Dawson Springs?
20% Down Payment
$24,218
on $121,089
Monthly P&I
$632/mo
30-yr @ 6.8%
Total Monthly Est.
~$803/mo
incl. taxes & insurance
Income Needed
$32,120
gross annual (30% rule)
10% Down Option
$12,109
+ PMI applies
Loan Amount (20% dn)
$96,871
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Dawson Springs, KY?
The median home value in Dawson Springs is $121,089 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 12.4% year-over-year.
How much have home prices changed in Dawson Springs?
Over the past year, home values in Dawson Springs have decreased by 12.4%. Over five years, prices have risen approximately 20.0%.
How much do I need to earn to buy a home in Dawson Springs?
To comfortably afford the median home price of $121,089 with a 20% down payment ($24,218) at today's rates (6.8%), you'd need a gross annual income of approximately $32,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Dawson Springs compare to the national average home price?
The national median home value is approximately $410,000. At $121,089, homes in Dawson Springs are 70% below the national average.
What metro area is Dawson Springs part of?
Dawson Springs is part of the Madisonville, KY metropolitan area. Home prices and market conditions can vary across the broader metro region.