Madisonville Armory · Photo: Nyttend · Public domain206 homes sold in Madisonville in the last year, at a typical $180K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Madisonville homes are listed.
Every place Madisonville homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Madisonville.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 98% of Madisonville’s sales, at a typical $180K (year to May 2026)
206 homes sold in the year to September 2026.
typical sale · 235 sold in the year to May 2026
- Per square foot
- $119KY $162
- Days to sell
- 60
- Sold over asking
- 12%
- Listings with a price cut
- 29%
Multi-family (2–4 units): 2 sold, typical $285K
Condos: 3 sold, typical $207K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.8 times the 2016 price
206 sales in the last year, against 315 in 2021 and a low of 204 in 2012. The typical sale went from $101K in 2016 to $180K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $200K buys in Madisonville
Check a listing against what Madisonville homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Madisonville are back to pre-pandemic levels, with about as many homes for sale
We read every month of Madisonville’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 206 sales.
If you’re buying in Madisonville
- Shop in March. It brings about 23 new listings a month, close to the busiest month, with fewer bidding wars (8% over asking).
- Offer under asking. Buyers paid 95.3% of the list price on average; 9% paid over.
- You’ll usually have time. Only 27% of homes go under contract within two weeks; the typical one takes 60 days.
Summer brings the homes; fall brings the bidding wars
August has the most new listings (about 29 a month), but September is the most competitive: 16% of September sales close over asking. March and April offer nearly as much choice with fewer homes bid up (8%). March has the least competition (8%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Kentucky
| Madisonville now | 2017–19 | 2021 peak | KY now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 9% | 7% | 14% | 16% |
| Gone within two weeksShare of homes under contract within 14 days | 27% | 5% | 4% | 34% |
| Price paid vs. askingAverage sale price ÷ list price | 95.3% | 94% | 96.9% | 97.3% |
| Days to sellMedian days from listing to contract | 60 | 89 | 61 | 53 |
78 homes for sale on a typical day
That’s twice the 2023 low (41) and about the 2017–19 level.
Madisonville ranks 77th of 83 busy Kentucky markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Madisonville is one of the state’s calmer markets.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Madisonville home costs about $1,059 a month
Price: Madisonville’s typical sale, last 12 months. Property tax at Madisonville’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Madisonville is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in August
The month with the most choice. December has the fewest, about 15.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $180K home, about $1,440 a year.
Taxes vs. neighborsSchools
The schools grade for Madisonville, from test results, graduation and how much students grow.
Schools in MadisonvilleTypical commute
The average one-way trip to work for people who live in Madisonville.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Post your home to Madisonville, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Madisonville. People who follow the town see it, and so do people comparing Madisonville with their own town. No commission, no listing fee.
Questions about buying a home in Madisonville
What do homes sell for in Madisonville, KY?
206 homes sold in the year to September 2026 at a typical $180K, $117 a square foot.
Is Madisonville a buyer’s or seller’s market?
A buyer’s market: 89 homes were for sale in September 2026 and 13 sold, about 6.5 months of supply. Buyers paid 95.3% of asking on average.
When is the best time to buy in Madisonville?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Madisonville?
About 0.8% of a home’s value a year. On a $180K home that’s near $1,440.
Where can I see homes for sale in Madisonville?
Zillow, Redfin, Realtor.com and Homes.com all carry Madisonville’s MLS listings; the search links above open each one filtered to Madisonville.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).