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Madisonville, KY

Full City Profile · Kentucky · Hopkins County County

3.0 /5.0
B Good
19,442 Population 1,088/sq mi density
$56,902 Median Income $28,915 per capita
$152,300 Home Value $159,917 Zillow
$860 Median Rent 25.4% income on rent
60°F Avg Temperature 299 sunny days/yr
91 Violent Crime/100K 1,422 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$56,902 median income, 4.3% unemployment
A+
Affordability
5.0 / 5.0
$152,300 home value, $860/mo rent
F
Safety
1.0 / 5.0
91 violent crimes/100K
C+
Education
2.8 / 5.0
22.3% bachelor's degree or higher

Housing Overview

Median Home Value
$152,300
46% below
US avg: $281,900
Median Rent
$860/mo
26% below
US avg: $1,163/mo
Homeownership Rate
65.1%
0% below US avg (65.4%)
Total Housing Units
9,154
Median year built: 1974

Home Value by Source

Census Median
$152,300
Zillow (ZHVI)
$159,917
Median Sale Price
$202,500
Median List Price
$179,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

65.1%
Owner-Occupied
34.9%
Renter-Occupied
65%
35%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$719/mo
1 Bedroom
$794/mo
2 Bedroom
$984/mo
3 Bedroom
$1,277/mo
4 Bedroom
$1,442/mo
Census median rent: $860/mo

Market Indicators (Redfin)

Median Days on Market
136 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
21.4%
of listings with price reduction
Price Per Sq Ft
$97
Active Inventory
70
homes for sale

Affordability & Housing Stock

Rent Burden
25.4%
of renters spending 30%+ of income on housing
18% below US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
65.1%

Complete Housing Data

Home Values

Census Median Value$152,300
Zillow Home Value (ZHVI)$159,917
Median Sale Price$202,500
Median List Price$179,950
Price Per Sq Ft$97

Rent

Census Median Rent$860
FMR Studio$719
FMR 1-Bedroom$794
FMR 2-Bedroom$984
FMR 3-Bedroom$1,277
FMR 4-Bedroom$1,442

Market

Days on Market136
Sale-to-List Ratio1.0%
Price Drops21.4%
Homes Sold8
Active Inventory70
Price Per Sq Ft$97

Ownership & Stock

Owner-Occupied65.1%
Renter-Occupied34.9%
Homeownership Rate65.1%
Total Housing Units9,154
Median Year Built1974
Rent Burden25.4%