What to know before you move: cost, market timing, who it fits.
If you're considering a move to Madisonville, KY, the most important variables are the local housing market, the cost structure (taxes, insurance, utilities), and how well the city fits your day-to-day life. This page summarizes the housing market read; pair it with the cost of living page for the full picture.
Madisonville is a city in Hopkins County, Kentucky, with an estimated population of 19,502. The median home value in Madisonville is $161,393 as of 2026-04, down 7.7% over the last 12 months. Over the last five years, home values have averaged +5.8% annual growth (-7.8% from the 5-year peak). The composite momentum score is 47 of 100 (Cooling). Buyers may find more room to negotiate; sellers should price realistically.
Prices have come off recent highs (-7.8% from peak). Buyers may have more room to negotiate; sellers should price realistically.
Reasons people move here
- Healthy 5-year run: +5.8% annualized over 5 years, outpacing US inflation.
- Cheap entry point: $161,393 median home is well below the US median of $355k — room to grow without overpaying.
Things to know first
- Prices actively falling: down 7.7% in the last 12 months — buyer sentiment has flipped. Sellers competing on price.
- Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.
More about Madisonville
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.