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Madisonville, KY Real Estate


According to census data in the year 2000 there were 8,844 housing units in Madisonville. This represents a 23.8% growth from 7,146 in 1990.

Of those housing units, 8,468 were located in either urbanized areas or urban clusters, and 376 were located in what is classified as a rural area.

Homeownership rate in Madisonville is about 66%. Madisonville's vacancy rate, including seasonal lodging, is about 9%. Average household size is 2.3 people.

The majority of houses, apartments or condos in Madisonville were built after 1969.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom10.70%
Two Bedrooms31.70%
Three Bedrooms43.90%
Four Bedrooms11.80%
Five Bedrooms or more1.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1969
Median Value of occupied units$61,500
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size1.9
Median year structure was built1970
Median Monthly Rent asked for vacant units$292

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage6.10%
Home Equity Loan7.20%
Simple Mortgage47%
Debt Free39.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.4%