Market Intelligence Report — KY-980

Owensboro, KY

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

Ref. No: 2026-KY-08
As of the latest 2026 data
Stabilizing

Median Listing

$280K
-6.4% YoY

Pending Ratio

0.54
-29.7% YoY

Active Inventory

232
+32.6% YoY

Median DOM

47 Days
+30.6% YoY

Primary Intelligence Tool — Sold Score™

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The Owensboro, KY housing market is currently stabilizing. The pending ratio stands at 0.54, indicating a balanced absorption of available inventory, although this represents a notable decline of 29.7% year-over-year. Median listing prices have experienced a 6.4% year-over-year contraction, settling at $279,900.

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

4.7%-0.1 pp YoY

Unemployment rate · Jul 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.

Inventory growth is a key characteristic, with active listings expanding by 32.6% over the past year to 232 units. Concurrently, new listings have decreased by 15.4% year-over-year. The median days on market has also lengthened significantly, rising by 30.6% compared to the prior year. Despite this, the median price per square foot registered a modest 4.3% increase over the past year, suggesting underlying value stability in certain segments.

Historical Analysis

Market Trends

Median Price

$280K-1.6% MoM

Active Inventory

232+32.6% YoY

Days on Market

47+30.6% YoY

Sold Score™

57-29.7% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

57
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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

With a pending ratio of 0.54, the pace of demand absorption is moderate, reducing immediate pressure on available homes. The increase in active listings and median days on market suggests that buyers may have slightly more time and selection to consider. Price discipline for sellers could become more critical in the current environment, particularly given the year-over-year decline in median listing prices.

Luxury Segment

The significant 21.8% year-over-year decline in the average listing price, contrasted with a 6.4% decline in the median listing price, suggests potential softness within the higher-priced segments of the market.

Supply Dynamics

232 active listings represent the current floor, with new supply arriving at roughly 132 per month.

Pricing Pressure
20.6%

of active listings carry a price reduction, +3.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +4.3% year-over-year.

Absorption
0.54

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Owensboro, KY? Homes here are taking 11 days longer to sell than last year.

Owensboro, KY is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
54%
Median Days on Market
47 days
Inventory YoY
+33%

Owensboro, KY is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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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