Madisonville Mortgage Rates & Closing Costs

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  • Trends
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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Madisonville averaged 6.19% for the week of 2023-05-25, compared to the national average of 6.57% for the same period.

    The average rate for the prior week (2023-05-18) was 6.31% and one month ago for the week of 2023-04-20, the average rate was 6.11%.

    Madisonville's average rate one year ago was 4.97%.

    For refis of the same type during the week of 2023-05-25, the average rate was 7.07%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-05-25 6.57%
    Madisonville 30 Year Fixed Rate 2023-05-25 6.19%
    Madisonville 30 Year Fixed Rate Refi 2023-05-25 7.07%
    Madisonville 15 Year Fixed Rate 2023-05-25 6.07%
    Madisonville 15 Year Fixed Rate Refi 2023-05-25 6.17%
    Madisonville 30 Year FHA 2023-05-25 6.4%
    Madisonville 30 Year FHA Refi 2023-05-25 6.61%
    Madisonville 30 Year USDA 2023-05-25 6.63%
    Madisonville 30 Year USDA Refi 2023-05-25 6.53%
    Madisonville 30 Year VA 2023-05-25 6.21%
    Madisonville 30 Year VA Refi 2023-05-25 6.61%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Madisonville, KY.

    Madisonville Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Madisonville, KY market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    Independence Bank of Kentucky 27 4.50% $2,781
    U.S. Bank 20 4.96% $3,467
    QUICKEN LOANS, LLC 19 5.02% $5,713
    GUARANTY HOME MORTGAGE CORPORATION 18 4.89% $3,658
    FIRST COMMUNITY MORTGAGE, INC. 13 4.14% $2,970
    Fifth Third Bank 11 5.19% $2,391
    RUOFF MORTGAGE COMPANY, INC. 8 5.91% $2,534
    Old National Bank 8 4.94% $3,211
    EVANSVILLE TEACHERS 6 4.85% $2,773
    First Financial Bank 5 4.28% $2,895
    HOMESIDE FINANCIAL, LLC 4 5.34% $3,344
    Citizens Bank 4 4.97% $3,986
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 4.71% $3,725
    Magnolia Bank 3 4.58% $3,634
    MORTGAGE MASTERS OF INDIANA, INC. 3 4.96% $3,624
    Farm Credit Mid-America, ACA 3 5.69% $7,153
    FREEDOM MORTGAGE CORPORATION 3 4.42% $2,522
    STOCKTON MORTGAGE CORPORATION 3 4.79% $3,484
    Wells Fargo Bank 3 4.63% $2,081
    LOANDEPOT.COM, LLC 3 5.21% $3,378
    UNITED WHOLESALE MORTGAGE, LLC 2 5.05% $4,726
    CHURCHILL MORTGAGE CORPORATION 2 7.00% $4,288
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 5.06% $3,845
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 2 5.25% $4,804
    PARK COMMUNITY CREDIT UNION, INC. 2 4.88% $2,398
    JPMorgan Chase Bank 2 4.93% $2,330
    Flagstar Bank, FSB 2 4.72% $3,766
    Truist 2 6.43% $4,494
    NAVY FEDERAL CREDIT UNION 1 6.50% $4,479
    AMERICAN FINANCIAL RESOURCES, INC. 1 4.75% $8,986
    AMERICAN FINANCING CORPORATION 1 5.63% $6,172
    AMERISAVE MORTGAGE CORPORATION 1 6.99% $4,272
    BROKER SOLUTIONS, INC. 1 6.10% $3,946
    CALIBER HOME LOANS, INC. 1 5.63% $2,709
    CARDINAL FINANCIAL 1 3.88% $2,401
    FAIR WAY LENDING LLC 1 5.25% $3,855
    First Guaranty Mortgage Corporation 1 4.50% $4,964
    GENERAL ELECTRIC CREDIT UNION 1 3.50% $2,036
    GUARANTEED RATE, INC. 1 4.63% $4,464
    MMS MORTGAGE SERVICES, LTD. 1 5.00% $3,837
    Mr. Cooper ( Nationstar Mortgage ) 1 6.49% $5,363
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.13% $5,568
    21ST MORTGAGE CORPORATION 1 8.05% $4,438
    NEWREZ LLC 1 5.63% $2,709
    PHH Mortgage Corporation 1 5.75% $6,921
    PROVIDENT FUNDING ASSOCIATES, L.P. 1 6.38% $3,589
    SIRVA MORTGAGE, INC. 1 4.88% $2,037
    STEARNS LENDING, LLC 1 3.38% $3,060
    Stifel Bank and Trust 1 2.63% $2,056
    The Federal Savings Bank 1 4.63% $1,763
    The Paducah Bank and Trust Company 1 5.13% $3,567
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 4.99% $6,250

    Madisonville Average Closing Costs & Other Stats

    Madisonville, KY's 52 lenders originated 1,093 loans during 2022. The total origination value was $141,375,000, with an average loan value of $129,346.

    Madisonville's average closing costs are $4,088.

    The top Madisonville lender as defined by loan originations is Independence Bank of Kentucky, with 27 loans originated. Their average total fees are $2,781, which is $686 lower than the next largest lender, U.S. Bank.

    The lowest fee Madisonville lenders (with over 10 loans originated) are Fifth Third Bank ($2,391), Independence Bank of Kentucky ($2,781), FIRST COMMUNITY MORTGAGE, INC. ($2,970), U.S. Bank ($3,467) and GUARANTY HOME MORTGAGE CORPORATION ($3,658).

    The lowest rate Madisonville lenders (with over 10 loans originated) are FIRST COMMUNITY MORTGAGE, INC. (4.14%), Independence Bank of Kentucky (4.50%), GUARANTY HOME MORTGAGE CORPORATION (4.89%), U.S. Bank (4.96%) and QUICKEN LOANS, LLC (5.02%).

    Madisonville, KY Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    Independence Bank of Kentucky $29,795,000 $15,520,000 -47.9% 11.0%
    QUICKEN LOANS, LLC $12,695,000 $11,190,000 -11.9% 7.9%
    Fifth Third Bank $9,640,000 $7,460,000 -22.6% 5.3%
    Farmers Bank and Trust Company $3,660,000 $7,170,000 95.9% 5.1%
    Mortgage Research Center, LLC $5,415,000 $6,195,000 14.4% 4.4%
    RUOFF MORTGAGE COMPANY, INC. $10,295,000 $6,115,000 -40.6% 4.3%
    U.S. Bank $7,665,000 $5,865,000 -23.5% 4.1%
    GUARANTY HOME MORTGAGE CORPORATION $11,235,000 $4,405,000 -60.8% 3.1%
    FIRST COMMUNITY MORTGAGE, INC. $7,310,000 $4,360,000 -40.4% 3.1%
    The Sacramento Deposit Bank $4,075,000 n/a 2.9%
    Old National Bank $5,580,000 $3,370,000 -39.6% 2.4%
    HOMESIDE FINANCIAL, LLC $1,850,000 $2,295,000 24.1% 1.6%
    EVANSVILLE TEACHERS $6,310,000 $2,140,000 -66.1% 1.5%
    AMERISAVE MORTGAGE CORPORATION $1,985,000 $1,995,000 0.5% 1.4%
    First Financial Bank $565,000 $1,905,000 237.2% 1.3%
    Citizens Bank $500,000 $1,840,000 268.0% 1.3%
    UNITED WHOLESALE MORTGAGE, LLC $230,000 $1,840,000 700.0% 1.3%
    21ST MORTGAGE CORPORATION $980,000 $1,690,000 72.4% 1.2%
    NAVY FEDERAL CREDIT UNION $1,000,000 $1,625,000 62.5% 1.1%
    Carrington Mortgage Services, LLC $885,000 $1,580,000 78.5% 1.1%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,030,000 $1,435,000 39.3% 1.0%
    FREEDOM MORTGAGE CORPORATION $5,690,000 $1,395,000 -75.5% 1.0%
    TOP FLITE FINANCIAL, INC. $3,340,000 $1,350,000 -59.6% 1.0%
    MORTGAGE MASTERS OF INDIANA, INC. $4,910,000 $1,175,000 -76.1% 0.8%
    Farm Credit Mid-America, ACA $1,355,000 $1,130,000 -16.6% 0.8%
    Planters Bank, Inc. $660,000 $1,085,000 64.4% 0.8%
    GUARANTEED RATE, INC. $335,000 $1,080,000 222.4% 0.8%
    TRIAD FINANCIAL SERVICES, INC. $330,000 $1,025,000 210.6% 0.7%
    USAA Federal Savings Bank $1,175,000 $980,000 -16.6% 0.7%
    STOCKTON MORTGAGE CORPORATION $2,615,000 $940,000 -64.1% 0.7%
    BROKER SOLUTIONS, INC. $185,000 $880,000 375.7% 0.6%
    Magnolia Bank $385,000 $830,000 115.6% 0.6%
    LOANDEPOT.COM, LLC $1,140,000 $800,000 -29.8% 0.6%
    Wells Fargo Bank $1,770,000 $775,000 -56.2% 0.5%
    PENNYMAC LOAN SERVICES, LLC $2,335,000 $650,000 -72.2% 0.5%
    VANDERBILT MORTGAGE AND FINANCE, INC. $735,000 $650,000 -11.6% 0.5%
    Flagstar Bank, FSB $260,000 $630,000 142.3% 0.4%
    NEWREZ LLC $360,000 $580,000 61.1% 0.4%
    Truist $215,000 $480,000 123.3% 0.3%
    AMERICAN FINANCIAL RESOURCES, INC. $205,000 $465,000 126.8% 0.3%
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. $465,000 n/a 0.3%
    The Federal Savings Bank $460,000 n/a 0.3%
    Bank of England $485,000 $425,000 -12.4% 0.3%
    United Southern Bank $115,000 $420,000 265.2% 0.3%
    HOME POINT FINANCIAL CORPORATION $1,280,000 $405,000 -68.4% 0.3%
    MUTUAL OF OMAHA MORTGAGE, INC. $295,000 $400,000 35.6% 0.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $325,000 $400,000 23.1% 0.3%
    CALIBER HOME LOANS, INC. $105,000 $375,000 257.1% 0.3%
    AMERICAN MORTGAGE SERVICE COMPANY $410,000 $360,000 -12.2% 0.3%
    CHURCHILL MORTGAGE CORPORATION $220,000 $360,000 63.6% 0.3%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $360,000 n/a 0.3%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $880,000 $360,000 -59.1% 0.3%
    GVC MORTGAGE, INC. $845,000 $355,000 -58.0% 0.3%
    Mr. Cooper ( Nationstar Mortgage ) $1,965,000 $355,000 -81.9% 0.3%
    DAS Acquisition Company, LLC $725,000 $345,000 -52.4% 0.2%
    NEW DAY FINANCIAL, LLC $610,000 $330,000 -45.9% 0.2%
    JPMorgan Chase Bank $375,000 $320,000 -14.7% 0.2%
    Heritage Federal Credit Union $300,000 n/a 0.2%
    EVERETT FINANCIAL, INC. $295,000 n/a 0.2%
    The Huntington National Bank $560,000 $290,000 -48.2% 0.2%
    PARK COMMUNITY CREDIT UNION, INC. $270,000 n/a 0.2%
    First Guaranty Mortgage Corporation $230,000 $215,000 -6.5% 0.2%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $215,000 n/a 0.2%
    Stifel Bank and Trust $215,000 n/a 0.2%
    SIRVA MORTGAGE, INC. $205,000 n/a 0.1%
    First Southern National Bank $580,000 $200,000 -65.5% 0.1%
    FirstBank $35,000 $190,000 442.9% 0.1%
    BAYSHORE MORTGAGE FUNDING, LLC $175,000 n/a 0.1%
    GENERAL ELECTRIC CREDIT UNION $175,000 n/a 0.1%
    STEARNS LENDING, LLC $175,000 n/a 0.1%
    FIELD & MAIN BANK, INC. $460,000 $170,000 -63.0% 0.1%
    1ST SIGNATURE LENDING, LLC $175,000 $165,000 -5.7% 0.1%
    AMERICAN FINANCING CORPORATION $165,000 n/a 0.1%
    INTERLINC MORTGAGE SERVICES, LLC $165,000 n/a 0.1%
    PHH Mortgage Corporation $95,000 $165,000 73.7% 0.1%
    PROVIDENT FUNDING ASSOCIATES, L.P. $165,000 n/a 0.1%
    The Home Loan Expert LLC $165,000 n/a 0.1%
    ZILLOW HOME LOANS, LLC $105,000 $165,000 57.1% 0.1%
    NATIONS RELIABLE LENDING, LLC $155,000 n/a 0.1%
    The Paducah Bank and Trust Company $75,000 $155,000 106.7% 0.1%
    F&M Bank $145,000 n/a 0.1%
    Barrington Bank & Trust Company, N.A. $290,000 $140,000 -51.7% 0.1%
    MORTGAGE ACCESS CORP. $135,000 n/a 0.1%
    NFM, INC. $135,000 n/a 0.1%
    SOVEREIGN LENDING GROUP INCORPORATED $260,000 $135,000 -48.1% 0.1%
    UNITED MORTGAGE CORP. $135,000 n/a 0.1%
    Century Mortgage Company DBA Century Lending Company $125,000 n/a 0.1%
    Meade County Bank $125,000 n/a 0.1%
    MMS MORTGAGE SERVICES, LTD. $435,000 $125,000 -71.3% 0.1%
    MORIA DEVELOPMENT, INC. $125,000 n/a 0.1%
    M&T Bank $125,000 n/a 0.1%
    BETTER MORTGAGE CORPORATION $185,000 $115,000 -37.8% 0.1%
    FAIR WAY LENDING LLC $115,000 n/a 0.1%
    Honor Credit Union $75,000 $115,000 53.3% 0.1%
    Whitaker Bank $115,000 n/a 0.1%
    CSL Financial, LLC $105,000 n/a 0.1%
    SPRING EQ, LLC $105,000 n/a 0.1%
    AMERICAN ADVISORS GROUP $25,000 $95,000 280.0% 0.1%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $370,000 $95,000 -74.3% 0.1%
    ISERVE RESIDENTIAL LENDING, LLC $95,000 n/a 0.1%
    Discover Bank $85,000 n/a 0.1%
    LAKEVIEW LOAN SERVICING, LLC $600,000 $85,000 -85.8% 0.1%
    ROYAL UNITED MORTGAGE LLC $200,000 $85,000 -57.5% 0.1%
    Bank of America $175,000 $75,000 -57.1% 0.1%
    CROSSCOUNTRY MORTGAGE, LLC $215,000 $75,000 -65.1% 0.1%
    SERVICE ONE $75,000 n/a 0.1%
    Deere Employees Credit Union $65,000 n/a 0.0%
    Morgantown Bank & Trust Company, Incorporated $55,000 n/a 0.0%
    UNIFY FINANCIAL Credit Union $55,000 n/a 0.0%
    UNIVERSITY OF KENTUCKY $45,000 n/a 0.0%
    COMMONWEALTH $300,000 $40,000 -86.7% 0.0%
    Third Federal Savings and Loan Association of Cleveland $195,000 $25,000 -87.2% 0.0%
    Fortera Federal Credit Union $15,000 n/a 0.0%
    Regions Bank $220,000 $15,000 -93.2% 0.0%

    Madisonville's top lender by overall market share is Independence Bank of Kentucky, with 11.0% market share. In second place, with 7.9%, is QUICKEN LOANS, LLC, having originated $11,190,000 in loans. In third place, with 5.3%, is Fifth Third Bank, having originated $7,460,000 in loans. In fourth place, with 5.1%, is Farmers Bank and Trust Company, having originated $7,170,000 in loans. In fifth place, with 4.4%, is Mortgage Research Center, LLC, having originated $6,195,000 in loans.

    Madisonville Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Madisonville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $137,200 (9.9%) $161,739 (5.0%) 0.00 170
    2018-02-01 $139,900 (16.7%) $167,569 (3.8%) 0.00 163
    2018-03-01 $149,900 (11.1%) $177,636 (7.6%) 0.00 156
    2018-04-01 $149,900 (16.3%) $171,844 (7.3%) 0.00 154
    2018-05-01 $144,975 (10.3%) $168,164 (4.3%) 0.00 159
    2018-06-01 $142,500 (2.6%) $178,385 (-4.5%) 0.00 167
    2018-07-01 $136,800 (-1.2%) $181,800 (-2.8%) 0.00 182
    2018-08-01 $139,700 (3.0%) $185,686 (17.3%) 0.00 201
    2018-09-01 $134,900 (-2.6%) $169,969 (4.1%) 0.00 194
    2018-10-01 $129,900 (-1.9%) $160,920 (2.6%) 0.00 196
    2018-11-01 $129,900 (-1.0%) $162,806 (4.7%) 0.00 190
    2018-12-01 $129,900 (-2.3%) $166,775 (4.4%) 0.00 182
    2019-01-01 $128,550 (-6.3%) $166,942 (3.2%) 0.00 175
    2019-02-01 $133,325 (-4.7%) $169,273 (1.0%) 0.00 159
    2019-03-01 $138,900 (-7.3%) $175,815 (-1.0%) 0.00 148
    2019-04-01 $139,900 (-6.7%) $177,551 (3.3%) 0.00 146
    2019-05-01 $142,900 (-1.4%) $186,541 (10.9%) 0.00 149
    2019-06-01 $148,900 (4.5%) $180,867 (1.4%) 0.00 157
    2019-07-01 $138,650 (1.4%) $173,994 (-4.3%) 0.00 166
    2019-08-01 $134,900 (-3.4%) $178,290 (-4.0%) 0.00 166
    2019-09-01 $133,450 (-1.1%) $184,751 (8.7%) 0.00 162
    2019-10-01 $129,900 (0.0%) $173,535 (7.8%) 0.00 183
    2019-11-01 $128,200 (-1.3%) $169,235 (4.0%) 0.00 179
    2019-12-01 $128,050 (-1.4%) $167,729 (0.6%) 0.00 159
    2020-01-01 $128,500 (0.0%) $165,305 (-1.0%) 0.00 152
    2020-02-01 $129,900 (-2.6%) $168,644 (-0.4%) 0.00 154
    2020-03-01 $129,900 (-6.5%) $160,533 (-8.7%) 0.00 138
    2020-04-01 $129,900 (-7.2%) $165,347 (-6.9%) 0.00 133
    2020-05-01 $121,900 (-14.7%) $167,467 (-10.2%) 0.00 123
    2020-06-01 $126,850 (-14.8%) $179,876 (-0.6%) 0.00 113
    2020-07-01 $131,175 (-5.4%) $189,209 (8.7%) 0.00 117
    2020-08-01 $127,500 (-5.5%) $185,644 (4.1%) 0.00 107
    2020-09-01 $138,400 (3.7%) $196,665 (6.5%) 0.00 97
    2020-10-01 $119,950 (-7.7%) $173,405 (-0.1%) 0.00 101
    2020-11-01 $122,450 (-4.5%) $182,860 (8.1%) 0.00 90
    2020-12-01 $128,075 (0.0%) $174,836 (4.2%) 0.00 97
    2021-01-01 $134,900 (5.0%) $177,878 (7.6%) 0.00 89
    2021-02-01 $130,650 (0.6%) $190,315 (12.9%) 0.00 69
    2021-03-01 $130,675 (0.6%) $198,463 (23.6%) 0.00 58
    2021-04-01 $137,400 (5.8%) $196,775 (19.0%) 0.00 41
    2021-05-01 $174,900 (43.5%) $203,824 (21.7%) 0.00 35
    2021-06-01 $152,250 (20.0%) $195,197 (8.5%) 0.00 39
    2021-07-01 $174,900 (33.3%) $245,858 (29.9%) 0.00 51
    2021-08-01 $169,900 (33.3%) $256,185 (38.0%) 0.00 57
    2021-09-01 $179,450 (29.7%) $243,148 (23.6%) 0.00 68
    2021-10-01 $189,900 (58.3%) $242,420 (39.8%) 0.00 70
    2021-11-01 $174,900 (42.8%) $221,446 (21.1%) 0.00 71
    2021-12-01 $164,900 (28.8%) $199,507 (14.1%) 0.00 67
    2022-01-01 $166,700 (23.6%) $215,032 (20.9%) 0.00 49
    2022-02-01 $169,900 (30.0%) $212,127 (11.5%) 0.00 45
    2022-03-01 $159,900 (22.4%) $217,090 (9.4%) 0.00 40
    2022-04-01 $164,900 (20.0%) $218,682 (11.1%) 0.00 34
    2022-05-01 $186,400 (6.6%) $282,768 (38.7%) 0.00 40
    2022-06-01 $204,950 (34.6%) $262,582 (34.5%) 0.00 46
    2022-07-01 $199,900 (14.3%) $247,321 (0.6%) 0.00 64
    2022-08-01 $199,900 (17.7%) $252,059 (-1.6%) 0.00 70
    2022-09-01 $203,650 (13.5%) $259,430 (6.7%) 0.00 82
    2022-10-01 $214,900 (13.2%) $249,390 (2.9%) 0.00 84
    2022-11-01 $192,400 (10.0%) $236,040 (6.6%) 0.00 87
    2022-12-01 $189,900 (15.2%) $241,723 (21.2%) 0.00 80
    2023-01-01 $180,000 (8.0%) $237,723 (10.6%) 0.00 74
    2023-02-01 $184,900 (8.8%) $244,877 (15.4%) 0.00 62
    2023-03-01 $187,475 (17.3%) $251,325 (15.8%) 0.00 53
    2023-04-01 $204,750 (24.2%) $238,444 (9.0%) 0.00 63
    Madisonville's median listing price for 2023-04-01 was $204,750, a difference of $39,850 (24.2%) versus the prior year and $17,275 versus the prior month.

    Madisonville's median listing price comes in at 0% of the national average.

    Madisonville's average listing price for 2023-04-01 was $238,444, a difference of $19,762 (9.0%) versus the prior year and $-12,881 versus the prior month.

    For the 2023-04-01 period, Madisonville had 63 MLS listings, a difference of 10 listings (19%) versus the prior month and 29 listings (85%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Madisonville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,669 sqft
    2018-02-01 0 days 1,683 sqft
    2018-03-01 0 days 1,726 sqft
    2018-04-01 0 days 1,695 sqft
    2018-05-01 0 days 1,703 sqft
    2018-06-01 0 days 1,654 sqft
    2018-07-01 0 days 1,691 sqft
    2018-08-01 0 days 1,733 sqft
    2018-09-01 0 days 1,638 sqft
    2018-10-01 0 days 1,601 sqft
    2018-11-01 0 days 1,639 sqft
    2018-12-01 0 days 1,636 sqft
    2019-01-01 0 days 1,630 sqft
    2019-02-01 0 days 1,694 sqft
    2019-03-01 0 days 1,706 sqft
    2019-04-01 0 days 1,782 sqft
    2019-05-01 0 days 1,819 sqft
    2019-06-01 0 days 1,800 sqft
    2019-07-01 0 days 1,779 sqft
    2019-08-01 0 days 1,778 sqft
    2019-09-01 0 days 1,780 sqft
    2019-10-01 0 days 1,712 sqft
    2019-11-01 0 days 1,700 sqft
    2019-12-01 0 days 1,653 sqft
    2020-01-01 0 days 1,700 sqft
    2020-02-01 0 days 1,636 sqft
    2020-03-01 0 days 1,636 sqft
    2020-04-01 0 days 1,707 sqft
    2020-05-01 0 days 1,624 sqft
    2020-06-01 0 days 1,704 sqft
    2020-07-01 0 days 1,708 sqft
    2020-08-01 0 days 1,700 sqft
    2020-09-01 0 days 1,713 sqft
    2020-10-01 0 days 1,565 sqft
    2020-11-01 0 days 1,563 sqft
    2020-12-01 0 days 1,539 sqft
    2021-01-01 0 days 1,559 sqft
    2021-02-01 0 days 1,549 sqft
    2021-03-01 0 days 1,696 sqft
    2021-04-01 0 days 1,745 sqft
    2021-05-01 0 days 1,699 sqft
    2021-06-01 0 days 1,476 sqft
    2021-07-01 0 days 1,624 sqft
    2021-08-01 0 days 1,691 sqft
    2021-09-01 0 days 1,648 sqft
    2021-10-01 0 days 1,702 sqft
    2021-11-01 0 days 1,638 sqft
    2021-12-01 0 days 1,532 sqft
    2022-01-01 0 days 1,402 sqft
    2022-02-01 0 days 1,469 sqft
    2022-03-01 0 days 1,396 sqft
    2022-04-01 0 days 1,400 sqft
    2022-05-01 0 days 1,742 sqft
    2022-06-01 0 days 1,812 sqft
    2022-07-01 0 days 1,704 sqft
    2022-08-01 0 days 1,650 sqft
    2022-09-01 0 days 1,743 sqft
    2022-10-01 0 days 1,731 sqft
    2022-11-01 0 days 1,648 sqft
    2022-12-01 0 days 1,680 sqft
    2023-01-01 0 days 1,696 sqft
    2023-02-01 0 days 1,766 sqft
    2023-03-01 0 days 1,751 sqft
    2023-04-01 0 days 1,659 sqft
    Madisonville's median listing age (time on market) for 2023-04-01 was 0 days.

    Madisonville's median square footage for active listings during the 2023-04-01 period was 1,659 sqft. One year prior, the average listing was 1,400 sqft.

    Madisonville, KY Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 548 $85,340,000 $155,730
    Refi 273 $30,915,000 $113,242
    Cash Out Refi 122 $15,680,000 $128,525
    Other 82 $6,290,000 $76,707
    Home Improvement 68 $3,150,000 $46,324

    Madisonville's most frequently cited loan purpose was Home Purchase, with 548 originations. The 2nd most popular reason was Refi, with 273 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 221 $30,765,000 $139,208
    3-4% 203 $26,995,000 $132,980
    4-5% 188 $28,780,000 $153,085
    6-7% 99 $10,895,000 $110,051
    2.5-3% 52 $5,890,000 $113,269
    Over 8% 49 $2,415,000 $49,286
    7-8% 47 $4,025,000 $85,638
    <2.5% 18 $2,720,000 $151,111

    During 2022, Madisonville's most frequently originated rate bucket was 5-6%, with 221 originations.

    Loan Sizing (Madisonville, KY MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 496 $28,770,000 $58,004
    $100k-200k 426 $60,290,000 $141,526
    $200k-400k 151 $38,415,000 $254,404
    $400k-600k 15 $6,995,000 $466,333
    $600k-1000k 3 $2,305,000 $768,333
    $Over $1MM 2 $4,600,000 $2,300,000

    Madisonville's loan sizing saw the bucket of loans from $100,000 or less with 496 originations, totaling $28,770,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 359 $58,955,000 $164,220
    60-80% 202 $29,870,000 $147,871
    40-60% 107 $11,375,000 $106,308
    20-40% 101 $6,535,000 $64,703
    Under 20% 64 $1,970,000 $30,781
    Over 100% 9 $1,665,000 $185,000

    Madisonville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 359 originations, totaling $58,955,000 in origination value.