Madisonville Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Madisonville averaged 6.89% for the week of 2024-05-02, compared to the national average of 7.22% for the same period.

    The average rate for the prior week (2024-04-25) was 6.94% and one month ago for the week of 2024-03-28, the average rate was 6.86%.

    Madisonville's average rate one year ago was 6.5%.

    For refis of the same type during the week of 2024-05-02, the average rate was 7.22%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-05-02 7.22%
    Madisonville 30 Year Fixed Rate 2024-05-02 6.89%
    Madisonville 30 Year Fixed Rate Refi 2024-05-02 7.22%
    Madisonville 15 Year Fixed Rate 2024-05-02 6.27%
    Madisonville 15 Year Fixed Rate Refi 2024-05-02 6.37%
    Madisonville 30 Year FHA 2024-05-02 7.18%
    Madisonville 30 Year FHA Refi 2024-05-02 6.69%
    Madisonville 30 Year USDA 2024-05-02 6.99%
    Madisonville 30 Year USDA Refi 2024-05-02 7.09%
    Madisonville 30 Year VA 2024-05-02 7.12%
    Madisonville 30 Year VA Refi 2024-05-02 6.78%
    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
    2024-04-01 $218,650 (6.8%) $311,391 (30.6%) 0.00 91
    Madisonville's median listing price for 2024-04-01 was $218,650, a difference of $13,900 (6.8%) versus the prior year and $7,700 versus the prior month.

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

    Madisonville's average listing price for 2024-04-01 was $311,391, a difference of $72,947 (30.6%) versus the prior year and $-5,073 versus the prior month.

    For the 2024-04-01 period, Madisonville had 91 MLS listings, a difference of 25 listings (38%) versus the prior month and 28 listings (44%) 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
    2024-04-01 0 days 1,688 sqft
    Madisonville's median listing age (time on market) for 2024-04-01 was 0 days.

    Madisonville's median square footage for active listings during the 2024-04-01 period was 1,688 sqft. One year prior, the average listing was 1,659 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.