Why Live in Madisonville
Madisonville, a neighborhood with a small-town feel, has evolved from a rail hub and coal mining town into a suburban retail center located just off Interstate 69. The area is home to Baptist Health Deaconess, a major employer and a 410-bed hospital with a critical care unit, cardiac care center, and award-winning women’s health facility. Housing options include Victorian-era houses, American Craftsman bungalows, and mid-century ranch styles, with prices ranging from $90,000 for fixer-uppers to $650,000 for newer constructions. Madisonville has faced severe weather events, including a tornado in 2005 and occasional ice storms. Outdoor recreation is abundant, with several public parks offering dog parks, playgrounds, fishing lakes, and sports courts. The 265-acre Mahr Park Arboretum features fishing ponds, walking trails, and access to Lake Peewee. The Lakeshore Country Club offers an 18-hole private golf course overlooking the lake. The Hopkins County Public School District has above-average scores, with high graduation rates and proficiencies in math and reading. Madisonville Community College serves about 2,700 students. Retail and dining options are available on Main Street and Center Street, featuring fast-food franchises, coffee shops, and local Mexican spots. The Glema Mahr Center for the Arts hosts professional musicians and local theater, while the community college offers various classes. Residents rely on cars for transportation, with Interstate 69 providing access to Henderson 39 miles north and Nashville International Airport 110 miles southeast. Crime rates in Madisonville are below state and national averages, with significant declines in property and violent crime rates over the past decade.
Home Trends in Madisonville, KY
On average, homes in Madisonville, KY sell after 59 days on the market compared to the national average of 50 days. The median sale price for homes in Madisonville, KY over the last 12 months is $188,500, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$188,500
Median Single Family Sale Price
$204,950
Median Townhouse Sale Price
$124,900
Average Price Per Sq Ft
$124
Number of Homes for Sale
94
Last 12 months Home Sales
328
Median List Price
$206,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-1%