Market Intelligence Report — KY-980

Owensboro, KY

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-KY-07
As of the latest 2026 data
Accelerated

Median Listing

$284K
-2.7% YoY

Pending Ratio

0.69
-3.0% YoY

Active Inventory

213
+20.0% YoY

Median DOM

44 Days
+12.8% YoY

Primary Intelligence Tool — Sold Score™

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The Owensboro market is classified as Accelerated, with a pending ratio of 0.69, indicating demand is absorbing a significant portion of available inventory. Despite this, the median listing price has observed a 2.7% decline year-over-year, alongside a 1.7% month-over-month decrease.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

5.2%+0.6 pp YoY

Unemployment rate · Jun 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

113,962+0.5% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Owensboro market right now.

Active listings have expanded by 20.0% year-over-year, reaching 213 units, while new listings decreased by 16.4% over the same period. The pending ratio currently stands at 0.69, reflecting a 3.0% year-over-year contraction, yet still points to strong absorption. Median days on market increased by 12.8% year-over-year to 44 days, and the share of price-reduced listings rose by 5.0% year-over-year, suggesting some recalibration in pricing expectations. Median price per square foot increased by 4.9% year-over-year.

Historical Analysis

Market Trends

Median Price

$284K-1.7% MoM

Active Inventory

213+20.0% YoY

Days on Market

44+12.8% YoY

Sold Score™

63-3.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

63
Aug 23Jul 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Aug 23Jul 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Aug 23Mar 24Oct 24May 25Dec 25Jul 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market pace, characterized by a pending ratio of 0.69, suggests that inventory is being absorbed at a relatively high rate, maintaining pressure on available supply. While the increase in median days on market and the share of price-reduced listings indicate a potential softening in price discipline, the absorption rate implies that properties are still transacting with moderate velocity.

Luxury Segment

In the higher-price tier, the average listing price experienced a significant 11.4% decline year-over-year. This, coupled with the overall decrease in the median listing price, suggests some softening in the luxury segment as of the latest data.

Supply Dynamics

213 active listings represent the current floor, with new supply arriving at roughly 102 per month.

Pricing Pressure
24.3%

of active listings carry a price reduction, +5.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +4.9% year-over-year.

Absorption
0.69

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Owensboro, KY? Homes here are taking 5 days longer to sell than last year.

Demand in Owensboro, KY is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
69%
Median Days on Market
44 days
Inventory YoY
+20%

Demand is strong in Owensboro, KY. Check your Sold Score before you price — conditions this favorable don't hold forever.

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Metro Demographics

Metro Area
Owensboro, KY
CBSA Code
36980
State
KY

ZIPs in Owensboro, KY

Sorted by active inventory · click a ZIP for its full report