Market Intelligence Report — KY-980

Owensboro, KY

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

Ref. No: 2026-KY-05
As of the latest 2026 data
Accelerated

Median Listing

$288K
-0.7% YoY

Pending Ratio

0.69
-14.4% YoY

Active Inventory

227
+27.5% YoY

Median DOM

44 Days
-14.7% YoY

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The Owensboro market is currently in an accelerated state, as evidenced by a pending ratio of 0.69. This level of demand absorption, coupled with a 27.5% year-over-year increase in active listings, suggests a dynamic environment where transactional velocity is maintained despite expanding inventory.

Local Market Signals

Source: FRED (St. Louis Fed)

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

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Owensboro market right now.

Median listing prices have shown a modest 1.6% month-over-month increase, though they are down 0.7% over the past year. Active listings have expanded significantly by 27.5% year-over-year, and new listings are up 17.2% over the same period. The pending ratio has observed a substantial year-over-year decline of 14.4%, although the current level still indicates strong demand relative to available supply. Median days on market have decreased by 14.7% year-over-year, pointing to quicker absorption of available units.

Historical Analysis

Market Trends

Median Price

$288K+1.6% MoM

Active Inventory

227+27.5% YoY

Days on Market

44-14.7% YoY

Sold Score™

54-14.4% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

54
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jun 23May 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jun 23Jan 24Aug 24Mar 25Oct 25May 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

In this accelerated environment, the pace of transactions is relatively swifter, with properties moving off-market faster than in the previous year. While inventory levels have grown, the negotiating leverage continues to favor properties that are well-positioned and priced appropriately for current demand. Buyers may encounter competitive conditions, though an expanding supply could offer more selection and potentially temper aggressive bidding.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

227 active listings represent the current floor, with new supply arriving at roughly 136 per month.

Pricing Pressure
23.4%

of active listings carry a price reduction, +4.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +4.6% year-over-year.

Absorption
0.69

Pending-to-active ratio — Accelerated.

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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