Market Overview
Home Prices in Madisonville, KY
The median home value in Madisonville, KY is $156,799 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 9.1% compared to a year ago and up 5.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Madisonville are priced62% below average. Madisonville is part of the Madisonville, KY metro area.
Over the past five years, Madisonville home values have risen by approximately27.2%, reflecting strong long-term appreciation in this market.
Price History
Madisonville Home Price Trend
City Comparison
Madisonville vs. National Median
At $156,799, homes in Madisonville cost 62% below the national median of $410,000. This makes Madisonville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Madisonville?
20% Down Payment
$31,360
on $156,799
Monthly P&I
$818/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,039/mo
incl. taxes & insurance
Income Needed
$41,560
gross annual (30% rule)
10% Down Option
$15,680
+ PMI applies
Loan Amount (20% dn)
$125,439
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 Madisonville, KY?
The median home value in Madisonville is $156,799 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 9.1% year-over-year.
How much have home prices changed in Madisonville?
Over the past year, home values in Madisonville have decreased by 9.1%. Over five years, prices have risen approximately 27.2%.
How much do I need to earn to buy a home in Madisonville?
To comfortably afford the median home price of $156,799 with a 20% down payment ($31,360) at today's rates (6.8%), you'd need a gross annual income of approximately $41,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Madisonville compare to the national average home price?
The national median home value is approximately $410,000. At $156,799, homes in Madisonville are 62% below the national average.
What metro area is Madisonville part of?
Madisonville is part of the Madisonville, KY metropolitan area. Home prices and market conditions can vary across the broader metro region.