53Alpha

Owensboro, KY metro area Housing Market Brief

metro · KY · as of August 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%
-2.134
Inventory Health25%
+17.768
Affordability20%
-6.475
Economic Strength20%
23
Rental Yield15%
-8.164

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

EmergingGrowingMaturePeakingDecliningRecovering

Owensboro, KY metro area is classified as Mature holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Owensboro, KY metro area?

Our model forecasts Owensboro, KY metro area’s home prices to rise about 6.7% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Owensboro, KY metro area housing market data

MetricValueYoY
Median Sale Price$246K-1.5%
Median Days on Market44 days▲ +12.8%
Months of Supply1.60%
Homes for Sale215▲ +8.6%
Homes Sold136▲ +3.8%
Median Price / Sq Ft$152-0.9%

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

Now: 53
12-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 August 2026, Owensboro, KY metro area is classified as a Balanced Market, based on its Alpha Score of 53 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 $246K, having fallen 1.5% over the past year.

How affordable is Owensboro, KY metro area?

Owensboro, KY metro area scores 75 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 (75/100) and its weakest is Economic Strength (23/100). 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.