Is Madisonville, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Madisonville is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Madisonville has remained a Seller's Market.

Key Takeaway

Madisonville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Madisonville, OH

How much do homes in Madisonville, OH cost?

Median Sold Price

$310,000

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$20,000(+6.9%)

Key Takeaway

Homes in Madisonville have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Madisonville was $310,000 in December 2024, up 6.9% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $235K$221.5K
-5.7%
3 $350K$320.7K
-8.4%
4 $357.5K$326K
-8.8%
5+ -$302.5K
N/A

Summary: Madisonville housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.7%, 3 bedroom homes decreased by 8.4%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes did not change.

Housing Supply in Madisonville, OH

How many homes are available in Madisonville, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
35+66.7%

Summary: The Madisonville real estate market had 5 homes for sale in December 2024, a 66.7% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 34
+33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Madisonville housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Madisonville, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Madisonville in December 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Madisonville, OH

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in Madisonville, OH

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