48Alpha

Owensboro, KY metro area Housing Market Brief

metro · as of May 2026

Balanced

What is Owensboro, KY metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-1.836
Inventory Health25%
+2.750
Affordability20%
65
Economic Strength20%
No data
50
Rental Yield15%
36

Where is Owensboro, KY metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Owensboro, KY metro area is classified as Decliningcooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Owensboro, KY metro area housing market data

MetricValueYoY
Median Sale Price$225K▲ +5.8%
Median Days on Market28 days0%
Months of Supply1.7-5.6%
Homes for Sale203▲ +6.8%
Homes Sold119▲ +12.3%
Median Price / Sq Ft$157▲ +8.1%
Sale-to-List Ratio97.6%▲ +0.6%

How has Owensboro, KY metro area’s Alpha Score moved?

Now: 48
4-period trend
Median sale price · 12 mo

Markets like Owensboro, KY metro area

Frequently asked questions

Is Owensboro, KY metro area a buyer's or seller's market?

As of May 2026, Owensboro, KY metro area is classified as a Balanced Market, based on its Alpha Score of 48 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Owensboro, KY metro area?

The median sale price in Owensboro, KY metro area is $225K, having risen 5.8% over the past year.

How affordable is Owensboro, KY metro area?

Owensboro, KY metro area scores 65 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Owensboro, KY metro area's Alpha Score?

Owensboro, KY metro area's strongest dimension is Affordability (65/100) and its weakest is Price Momentum (36/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Owensboro, KY metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.