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Madisonville

Madisonville

Located in Hopkins County

$139 Average Price per Sq Ft
7 Homes For Sale

Small-town life with access to essential services

Madisonville evolved from a rail hub and coal mining town into a suburban retail center just off Interstate 69. The city's 19,300 residents have access to Baptist Health Deaconess, a 410-bed hospital with a critical care unit, a cardiac care center and an award-winning women’s health facility that is also a major employer. “It’s a very friendly community,” says Realtor Cindy Mckenzie, who sells homes with Coldwell Banker Terry & Associates. “A lot of people who move here either grew up in the area and came to start families or are coming to work at the teaching hospital.” Aside from the hospital, employment options are primarily the school district and local retailers.

Early 20th-century housing

The median single-family home price is about $195,000, which aligns with the state median and about half the national median of around $400,000. Prices range from $90,000 for fixer-uppers to $650,000 for newer construction and recently renovated homes. There is a mix of Victorian-era houses, American Craftsman bungalows and mid-century ranch styles.

Severe weather events have impacted real estate in the area. In 2005, a tornado destroyed many homes, causing $31 million worth of damage. Ice storms can also damage the city’s infrastructure.

Plenty of access to outdoor recreation

Madisonville has several public parks within walking distance of residents. These green spaces offer access to dog parks, playgrounds, fishing lakes and various sports courts. On the city’s northwest corner, the 265-acre Mahr Park Arboretum has fishing ponds, miles of walking trails and access to Lake Peewee, where people can launch canoes and fish. Lakeshore Country Club’s 18-hole private golf course also overlooks the lake.

Above average scores at Hopkins County Public School District

Hopkins County Public School District has a B Niche rating and an 88% graduation rate. The district’s math and reading proficiencies are above the national average. Its reading proficiency is above the state average, and its math proficiency is in line with the state average. The city is also home to Madisonville Community College, which has about 2,700 students and 240 academic and administrative staff members.

Restaurants and retail on Main Street and Center Street

Retail and dining options are somewhat limited, but all the necessities are available. Main Street is lined with fast-food franchises, coffee shops and craft beer spots. Center Street has fast-food franchises and local Mexican spots. The city also has several big-box grocery stores.

Community theater and college classes

The Glema Mahr Center for the Arts hosts professional musicians and local theater, while the community college offers drawing, gardening and dance classes for all.

Getting around the area

Madisonville does not have public transportation, so residents rely on cars. Interstate 69 runs from north to south through the city, taking people 39 miles north to Henderson. Nashville International Airport is 110 miles southeast of the city via Pennyrile Parkway and Interstate 24.

According to FBI crime data, Madisonville’s violent and property crime rates are below state and national rates. The city’s property crime rates have declined precipitously in the decade, and its violent crime rate has also decreased.

Lia Jones
Written By
Lia Jones

Interested in learning more about homes in this area? Reach out to Shannon Heim, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Madisonville Housing Trends

Housing Trends

Median List Price
$245,000
Median Sale Price
$229,900
Median Single Family Sale Price
$259,000
Median Change From 1st List Price
1%
Last 12 months Home Sales
139
Median Home Sale Price YoY Change
15%
Average Price Per Sq Ft
$139

Neighborhood Facts

Number of Homes for Sale
7
Months of Supply
0.60

Open Houses

  • Sunday, Jul 27
    1 - 3pm

    1086 Princeton Rd, Madisonville, KY 42431

    $232,900

    • 3 Beds
    • 2 Baths
    • 1,644 Sq Ft
    • 1086 Princeton Rd
    • New 4 days ago

    Wonderfully maintained home on the corner of Princeton Road and Legion Drive. This home features two family rooms, a nice large kitchen area, and plenty of storage options. There are three bedrooms and two full baths. The primary bedroom has an ensuite with stand up shower. The backyard is fenced in with two Amish built storage buildings, a two car detached garage, and a nice deck for relaxing.

    Kristy Saint Coldwell Banker-Terry

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  • Sunday, Jul 27
    1 - 3pm

    90 Hickory Hollow Dr, Madisonville, KY 42431

    $199,900

    • 3 Beds
    • 2 Baths
    • 1,640 Sq Ft
    • 90 Hickory Hollow Dr
    • New 30 days ago

    Charming 3-Bedroom Home in the Grapevine Area! This cozy 3 bed, 2 bath home offers a warm and inviting living space with an attached garage, a beautiful family room addition featuring cathedral ceiling perfect for relaxing evenings. Enjoy the outdoors on the deck overlooking a fenced-in backyard—ideal for kids, pets, or entertaining. Located in the desirable Grapevine area, this one won't last

    Cindy Mckenzie Coldwell Banker-Terry

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Area Factors

Somewhat Bikeable

Bike Score®®

39 / 100

Car-Dependent

Walk Score®®

32 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Madisonville