Madisonville Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Madisonville averaged 6.85% for the week of 2024-04-11, compared to the national average of 6.88% for the same period.

The average rate for the prior week (2024-04-04) was 6.69% and one month ago for the week of 2024-03-07, the average rate was 6.65%.

Madisonville's average rate one year ago was 6.15%.

For refis of the same type during the week of 2024-04-11, the average rate was 6.88%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-11 6.88%
Madisonville 30 Year Fixed Rate 2024-04-11 6.85%
Madisonville 30 Year Fixed Rate Refi 2024-04-11 6.88%
Madisonville 15 Year Fixed Rate 2024-04-11 6.16%
Madisonville 15 Year Fixed Rate Refi 2024-04-11 6.26%
Madisonville 30 Year FHA 2024-04-11 6.92%
Madisonville 30 Year FHA Refi 2024-04-11 6.94%
Madisonville 30 Year USDA 2024-04-11 6.91%
Madisonville 30 Year USDA Refi 2024-04-11 6.71%
Madisonville 30 Year VA 2024-04-11 6.72%
Madisonville 30 Year VA Refi 2024-04-11 6.57%
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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Independence Bank of Kentucky 43 6.39% $2,601
FIRST COMMUNITY MORTGAGE, INC. 14 6.21% $4,660
QUICKEN LOANS, LLC 14 6.77% $5,476
U.S. Bank 12 6.96% $3,705
EVANSVILLE TEACHERS 9 6.88% $2,946
Fifth Third Bank 8 6.29% $4,256
Old National Bank 6 7.42% $3,232
HOMESIDE FINANCIAL, LLC 5 6.55% $5,096
JPMorgan Chase Bank 5 7.20% $2,737
GUARANTY HOME MORTGAGE CORPORATION 4 6.38% $4,802
First Financial Bank 3 6.83% $3,213
Discover Bank 3 8.16% $0
UNITED WHOLESALE MORTGAGE, LLC 3 6.62% $4,424
Wells Fargo Bank 3 6.58% $6,341
21ST MORTGAGE CORPORATION 2 7.73% $6,597
Citizens Bank 2 6.56% $5,096
CROSSCOUNTRY MORTGAGE, LLC 2 7.00% $4,865
FirstBank 2 7.96% $5,011
First Federal Savings Bank 2 6.75% $2,647
GUARANTEED RATE AFFINITY, LLC 2 6.68% $5,151
Heritage Federal Credit Union 2 7.13% $3,792
Mr. Cooper ( Nationstar Mortgage ) 2 7.75% $5,761
GERSHMAN INVESTMENT CORP. 1 7.00% $2,782
AMERICAN FINANCIAL NETWORK, INC. 1 6.00% $5,821
Farm Credit Mid-America, ACA 1 7.25% $5,774
ALTRA 1 8.05% $2,878
COMMUNITY MORTGAGE CORPORATION 1 6.00% $4,326
CHURCHILL MORTGAGE CORPORATION 1 6.88% $4,207
CARDINAL FINANCIAL 1 6.99% $5,428
Magnolia Bank 1 6.38% $2,493
Mortgage Research Center, LLC 1 6.63% $3,138
ZILLOW HOME LOANS, LLC 1 8.00% $8,325
NEWREZ LLC 1 6.50% $5,376
NFM, INC. 1 7.13% $3,873
BROKER SOLUTIONS, INC. 1 6.99% $3,715
PENNYMAC LOAN SERVICES, LLC 1 6.88% $3,301
BETTER MORTGAGE CORPORATION 1 6.38% $1,719
ROYAL UNITED MORTGAGE LLC 1 6.63% $6,009
RUOFF MORTGAGE COMPANY, INC. 1 6.88% $2,068
THE MORTGAGE FIRM, INC. 1 5.63% $7,075
UNION HOME MORTGAGE CORP. 1 6.50% $6,473
AMERISAVE MORTGAGE CORPORATION 1 7.38% $6,468
First Merchants Bank 1 6.25% $3,111
FIRST MORTGAGE COMPANY, INC. 1 6.13% $7,545
GENERAL ELECTRIC CREDIT UNION 1 6.75% $3,498

Madisonville Average Closing Costs & Other Stats

Madisonville, KY's 45 lenders originated 832 loans during 2023. The total origination value was $109,740,000, with an average loan value of $131,899.

Madisonville's average closing costs are $4,304.

The top Madisonville lender as defined by loan originations is Independence Bank of Kentucky, with 43 loans originated. Their average total fees are $2,601, which is $2,059 lower than the next largest lender, FIRST COMMUNITY MORTGAGE, INC..

The lowest fee Madisonville lenders (with over 10 loans originated) are Independence Bank of Kentucky ($2,601), U.S. Bank ($3,705), FIRST COMMUNITY MORTGAGE, INC. ($4,660), QUICKEN LOANS, LLC ($5,476) and .

The lowest rate Madisonville lenders (with over 10 loans originated) are FIRST COMMUNITY MORTGAGE, INC. (6.21%), Independence Bank of Kentucky (6.39%), QUICKEN LOANS, LLC (6.77%), U.S. Bank (6.96%) and .

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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
Independence Bank of Kentucky $15,520,000 $16,035,000 3.3% 14.6%
QUICKEN LOANS, LLC $11,190,000 $8,460,000 -24.4% 7.7%
Mortgage Research Center, LLC $6,195,000 $6,955,000 12.3% 6.3%
U.S. Bank $5,865,000 $4,820,000 -17.8% 4.4%
FIRST COMMUNITY MORTGAGE, INC. $4,360,000 $4,665,000 7.0% 4.3%
Fifth Third Bank $7,460,000 $4,140,000 -44.5% 3.8%
EVANSVILLE TEACHERS $2,140,000 $3,575,000 67.1% 3.3%
Farmers Bank and Trust Company $7,170,000 $2,845,000 -60.3% 2.6%
The Sacramento Deposit Bank $4,075,000 $2,680,000 -34.2% 2.4%
RUOFF MORTGAGE COMPANY, INC. $6,115,000 $2,340,000 -61.7% 2.1%
UNITED WHOLESALE MORTGAGE, LLC $1,840,000 $2,340,000 27.2% 2.1%
First Financial Bank $1,905,000 $1,745,000 -8.4% 1.6%
Old National Bank $3,370,000 $1,665,000 -50.6% 1.5%
TOP FLITE FINANCIAL, INC. $1,350,000 $1,505,000 11.5% 1.4%
21ST MORTGAGE CORPORATION $1,690,000 $1,395,000 -17.5% 1.3%
FREEDOM MORTGAGE CORPORATION $1,395,000 $1,390,000 -0.4% 1.3%
PENNYMAC LOAN SERVICES, LLC $650,000 $1,325,000 103.8% 1.2%
STOCKTON MORTGAGE CORPORATION $940,000 $1,300,000 38.3% 1.2%
TRIAD FINANCIAL SERVICES, INC. $1,025,000 $1,250,000 22.0% 1.1%
JPMorgan Chase Bank $320,000 $1,240,000 287.5% 1.1%
MOVEMENT MORTGAGE, LLC $1,130,000 n/a 1.0%
BROKER SOLUTIONS, INC. $880,000 $1,075,000 22.2% 1.0%
NFM, INC. $135,000 $1,025,000 659.3% 0.9%
CROSSCOUNTRY MORTGAGE, LLC $75,000 $925,000 1,133.3% 0.8%
NAVY FEDERAL CREDIT UNION $1,625,000 $905,000 -44.3% 0.8%
HOMESIDE FINANCIAL, LLC $2,295,000 $860,000 -62.5% 0.8%
Mr. Cooper ( Nationstar Mortgage ) $355,000 $755,000 112.7% 0.7%
Equity Prime Mortgage LLC $740,000 n/a 0.7%
MORTGAGE MASTERS OF INDIANA, INC. $1,175,000 $720,000 -38.7% 0.7%
GUARANTY HOME MORTGAGE CORPORATION $4,405,000 $665,000 -84.9% 0.6%
Planters Bank, Inc. $1,085,000 $660,000 -39.2% 0.6%
Wells Fargo Bank $775,000 $625,000 -19.4% 0.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,435,000 $605,000 -57.8% 0.6%
CREDIT HUMAN FEDERAL CREDIT UNION $580,000 n/a 0.5%
Heritage Federal Credit Union $300,000 $560,000 86.7% 0.5%
Owensboro Federal Credit Union $540,000 n/a 0.5%
NEW DAY FINANCIAL, LLC $330,000 $520,000 57.6% 0.5%
GUARANTEED RATE AFFINITY, LLC $515,000 n/a 0.5%
EVERETT FINANCIAL, INC. $295,000 $500,000 69.5% 0.5%
GERSHMAN INVESTMENT CORP. $485,000 n/a 0.4%
ZILLOW HOME LOANS, LLC $165,000 $480,000 190.9% 0.4%
FIRST MORTGAGE COMPANY, INC. $425,000 n/a 0.4%
Citizens Bank $1,840,000 $420,000 -77.2% 0.4%
NEWREZ LLC $580,000 $420,000 -27.6% 0.4%
ROYAL UNITED MORTGAGE LLC $85,000 $415,000 388.2% 0.4%
First Southern National Bank $200,000 $375,000 87.5% 0.3%
Fortera Federal Credit Union $15,000 $370,000 2,366.7% 0.3%
RELIANCE FIRST CAPITAL, LLC $360,000 n/a 0.3%
LOANDEPOT.COM, LLC $800,000 $345,000 -56.9% 0.3%
FIELD & MAIN BANK, INC. $170,000 $320,000 88.2% 0.3%
Discover Bank $85,000 $310,000 264.7% 0.3%
Farm Credit Mid-America, ACA $1,130,000 $310,000 -72.6% 0.3%
UNION HOME MORTGAGE CORP. $295,000 n/a 0.3%
AMERISAVE MORTGAGE CORPORATION $1,995,000 $290,000 -85.5% 0.3%
FirstBank $190,000 $285,000 50.0% 0.3%
Bank of England $425,000 $280,000 -34.1% 0.3%
CARDINAL FINANCIAL $95,000 $255,000 168.4% 0.2%
Pinnacle Bank $245,000 n/a 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $400,000 $245,000 -38.8% 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $360,000 $235,000 -34.7% 0.2%
United Southern Bank $420,000 $230,000 -45.2% 0.2%
GUARANTEED RATE, INC. $1,080,000 $225,000 -79.2% 0.2%
GENERAL ELECTRIC CREDIT UNION $175,000 $220,000 25.7% 0.2%
AMERICAN PORTFOLIO MORTGAGE CORPORATION $205,000 n/a 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $400,000 $205,000 -48.8% 0.2%
Signature Federal Credit Union $205,000 n/a 0.2%
SWBC MORTGAGE CORPORATION $200,000 n/a 0.2%
AMERICAN FINANCIAL NETWORK, INC. $195,000 n/a 0.2%
Century Mortgage Company DBA Century Lending Company $125,000 $195,000 56.0% 0.2%
First Merchants Bank $195,000 n/a 0.2%
PLAZA HOME MORTGAGE, INC. $195,000 n/a 0.2%
THE MORTGAGE FIRM, INC. $195,000 n/a 0.2%
First Federal Savings Bank $190,000 n/a 0.2%
1ST SIGNATURE LENDING, LLC $165,000 $185,000 12.1% 0.2%
CHURCHILL MORTGAGE CORPORATION $360,000 $185,000 -48.6% 0.2%
ENDEAVOR CAPITAL, LLC. $185,000 n/a 0.2%
NBKC BANK $185,000 n/a 0.2%
Northpointe Bank $185,000 n/a 0.2%
Plains Commerce Bank $180,000 n/a 0.2%
THRIVE MORTGAGE, LLC $175,000 n/a 0.2%
PLANET HOME LENDING, LLC $165,000 n/a 0.2%
Lakeview Community Capital, LLC $155,000 n/a 0.1%
LIBERTY HOME MORTGAGE CORPORATION $155,000 n/a 0.1%
FirstTrust Home Loans, Inc. $145,000 n/a 0.1%
Honor Credit Union $115,000 $145,000 26.1% 0.1%
LONGBRIDGE FINANCIAL, LLC $145,000 n/a 0.1%
CRESCENT MORTGAGE COMPANY $135,000 n/a 0.1%
Magnolia Bank $830,000 $135,000 -83.7% 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $650,000 $130,000 -80.0% 0.1%
ALTRA $125,000 n/a 0.1%
BETTER MORTGAGE CORPORATION $115,000 $115,000 0.0% 0.1%
Renasant Bank $95,000 n/a 0.1%
AMERICAN FINANCING CORPORATION $165,000 $85,000 -48.5% 0.1%
Truist $480,000 $85,000 -82.3% 0.1%
Abound Federal Credit Union $75,000 n/a 0.1%
COMMONWEALTH $40,000 $75,000 87.5% 0.1%
CSL Financial, LLC $105,000 $75,000 -28.6% 0.1%
COMMUNITY MORTGAGE CORPORATION $65,000 n/a 0.1%
Prosperity Home Mortgage, LLC $65,000 n/a 0.1%
Truity Federal Credit Union $65,000 n/a 0.1%
UNIVERSITY CREDIT UNION $65,000 n/a 0.1%
SOUTH CENTRAL BANK, INC. $55,000 n/a 0.1%
SPRING EQ, LLC $105,000 $55,000 -47.6% 0.1%
Availa Bank $45,000 n/a 0.0%
Carrington Mortgage Services, LLC $1,580,000 $45,000 -97.2% 0.0%
Deere Employees Credit Union $65,000 $45,000 -30.8% 0.0%

Madisonville's top lender by overall market share is Independence Bank of Kentucky, with 14.6% market share. In second place, with 7.7%, is QUICKEN LOANS, LLC, having originated $8,460,000 in loans. In third place, with 6.3%, is Mortgage Research Center, LLC, having originated $6,955,000 in loans. In fourth place, with 4.4%, is U.S. Bank, having originated $4,820,000 in loans. In fifth place, with 4.3%, is FIRST COMMUNITY MORTGAGE, INC., having originated $4,665,000 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 (11.5%) $176,668 (7.5%) 0.00 157
2018-04-01 $147,450 (15.2%) $170,911 (7.2%) 0.00 155
2018-05-01 $144,950 (10.9%) $167,291 (4.2%) 0.00 160
2018-06-01 $142,250 (3.9%) $177,519 (-4.6%) 0.00 168
2018-07-01 $136,400 (-0.8%) $180,923 (-2.9%) 0.00 183
2018-08-01 $138,700 (2.3%) $184,886 (16.8%) 0.00 202
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 $134,186 (-10.5%) $170,013 (-3.8%) 0.00 150
2019-04-01 $139,900 (-5.1%) $176,771 (3.4%) 0.00 147
2019-05-01 $142,900 (-1.4%) $186,541 (11.5%) 0.00 149
2019-06-01 $148,900 (4.7%) $180,867 (1.9%) 0.00 157
2019-07-01 $138,650 (1.7%) $173,994 (-3.8%) 0.00 166
2019-08-01 $133,536 (-3.7%) $174,895 (-5.4%) 0.00 168
2019-09-01 $131,491 (-2.5%) $174,667 (2.8%) 0.00 175
2019-10-01 $129,900 (0.0%) $173,535 (7.8%) 0.00 182
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 (-3.2%) $160,533 (-5.6%) 0.00 138
2020-04-01 $129,900 (-7.2%) $165,347 (-6.5%) 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 (-4.5%) $185,644 (6.2%) 0.00 107
2020-09-01 $138,400 (5.3%) $196,665 (12.6%) 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
2023-05-01 $204,950 (10.0%) $242,181 (-14.4%) 0.00 60
2023-06-01 $206,050 (0.5%) $239,453 (-8.8%) 0.00 60
2023-07-01 $225,000 (12.6%) $235,332 (-4.9%) 0.00 72
2023-08-01 $220,425 (10.3%) $265,696 (5.4%) 0.00 73
2023-09-01 $188,700 (-7.3%) $255,740 (-1.4%) 0.00 72
2023-10-01 $208,450 (-3.0%) $283,756 (13.8%) 0.00 71
2023-11-01 $207,925 (8.1%) $291,018 (23.3%) 0.00 79
2023-12-01 $212,000 (11.6%) $301,853 (24.9%) 0.00 76
2024-01-01 $224,675 (24.8%) $308,430 (29.7%) 0.00 71
2024-02-01 $196,850 (6.5%) $295,007 (20.5%) 0.00 67
2024-03-01 $210,950 (12.5%) $316,464 (25.9%) 0.00 66
Madisonville's median listing price for 2024-03-01 was $210,950, a difference of $23,475 (12.5%) versus the prior year and $14,100 versus the prior month.

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

Madisonville's average listing price for 2024-03-01 was $316,464, a difference of $65,139 (25.9%) versus the prior year and $21,457 versus the prior month.

For the 2024-03-01 period, Madisonville had 66 MLS listings, a difference of -1 listings (-1%) versus the prior month and 13 listings (25%) 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 1,731 sqft
2018-04-01 0 days 1,700 sqft
2018-05-01 0 days 1,705 sqft
2018-06-01 0 days 1,656 sqft
2018-07-01 0 days 1,694 sqft
2018-08-01 0 days 1,734 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 1,703 sqft
2019-04-01 0 days 1,751 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 1,761 sqft
2019-09-01 0 days 1,735 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
2023-05-01 0 days 1,602 sqft
2023-06-01 0 days 1,624 sqft
2023-07-01 0 days 1,873 sqft
2023-08-01 0 days 1,850 sqft
2023-09-01 0 days 1,668 sqft
2023-10-01 0 days 1,696 sqft
2023-11-01 0 days 1,764 sqft
2023-12-01 0 days 1,779 sqft
2024-01-01 0 days 1,727 sqft
2024-02-01 0 days 1,535 sqft
2024-03-01 0 days 1,548 sqft
Madisonville's median listing age (time on market) for 2024-03-01 was 0 days.

Madisonville's median square footage for active listings during the 2024-03-01 period was 1,548 sqft. One year prior, the average listing was 1,751 sqft.

Madisonville, KY Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 469 $76,015,000 $162,079
Refi 120 $12,540,000 $104,500
Cash Out Refi 94 $11,800,000 $125,532
Other 89 $5,915,000 $66,461
Home Improvement 60 $3,470,000 $57,833

Madisonville's most frequently cited loan purpose was Home Purchase, with 469 originations. The 2nd most popular reason was Refi, with 120 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 265 $43,345,000 $163,566
7-8% 185 $23,665,000 $127,919
Over 8% 151 $10,005,000 $66,258
5-6% 79 $14,275,000 $180,696
3-4% 14 $160,000 $11,429
4-5% 3 $895,000 $298,333
<2.5% 1 $5,000 $5,000

During 2023, Madisonville's most frequently originated rate bucket was 6-7%, with 265 originations.

Loan Sizing (Madisonville, KY MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 368 $19,630,000 $53,342
$100k-200k 312 $46,240,000 $148,205
$200k-400k 136 $36,010,000 $264,779
$400k-600k 13 $5,935,000 $456,538
$600k-1000k 3 $1,925,000 $641,667

Madisonville's loan sizing saw the bucket of loans from $100,000 or less with 368 originations, totaling $19,630,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 300 $54,560,000 $181,867
60-80% 111 $17,095,000 $154,009
20-40% 95 $6,665,000 $70,158
Under 20% 76 $2,500,000 $32,895
40-60% 74 $8,010,000 $108,243
Over 100% 10 $2,420,000 $242,000

Madisonville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 300 originations, totaling $54,560,000 in origination value.