Owensboro, KY housing market
The typical Owensboro home is worth about $214,000, up 4.1% in a year, 8% below the Kentucky typical home. Homes typically sell in 27 days, below asking.
Home values, sales, trends and how Owensboro compares with the towns next door — updated as new data is published.
Owensboro at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Owensboro | Kentucky |
|---|---|---|
| 2017 | $109,000 | $131,000 |
| 2018 | $121,000 | $138,000 |
| 2019 | $129,000 | $146,000 |
| 2020 | $136,000 | $155,000 |
| 2021 | $150,000 | $173,000 |
| 2022 | $167,000 | $191,000 |
| 2023 | $183,000 | $207,000 |
| 2024 | $192,000 | $216,000 |
| 2025 | $202,000 | $229,000 |
| 2026 | $208,000 | $233,000 |
| August 2026 | $214,000 | $233,000 |
253 new homes permitted in 2025
Builders were permitted 253 new homes in Owensboro in 2025: 183 single-family houses and 70 in buildings with two or more homes, worth about $27.2 million to build. That's 4.2 per 1,000 residents, slower than across Kentucky (6.5). Over the past 10 years, Owensboro has permitted 2,916 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Owensboro gained 2,918 residents while 3,123 new homes were permitted: about 0.9 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Kentucky: 1.6 new residents per new home.
How Owensboro ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 132 | 124 | 8 | $13 million |
| 2025 | 253 | 183 | 70 | $27.2 million |
| 2024 | 226 | 198 | 28 | $18.7 million |
| 2023 | 282 | 185 | 97 | $31.3 million |
| 2022 | 238 | 212 | 26 | $25 million |
| 2021 | 388 | 388 | 0 | $36.1 million |
| 2020 | 338 | 302 | 36 | $31.7 million |
| 2019 | 320 | 277 | 43 | $29.2 million |
| 2018 | 247 | 222 | 25 | $24.1 million |
| 2017 | 260 | 246 | 14 | $22.8 million |
| 2016 | 364 | 233 | 131 | $32.7 million |
| 2015 | 241 | 231 | 10 | $32.9 million |
| 2014 | 320 | 254 | 66 | $26.7 million |
| 2013 | 514 | 236 | 278 | $50.4 million |
| 2012 | 256 | 248 | 8 | $26.4 million |
| 2011 | 269 | 211 | 58 | $19.9 million |
| 2010 | 332 | 270 | 62 | $28.5 million |
| 2009 | 240 | 236 | 4 | $20.9 million |
| 2008 | 302 | 210 | 92 | $25.6 million |
| 2007 | 417 | 287 | 130 | $34.1 million |
| 2006 | 336 | 310 | 26 | $29.9 million |
| 2005 | 442 | 396 | 46 | $41.8 million |
| 2004 | 410 | 388 | 22 | $37.4 million |
| 2003 | 561 | 490 | 71 | $44 million |
| 2002 | 538 | 517 | 21 | $43.1 million |
| 2001 | 488 | 448 | 40 | $37.4 million |
| 2000 | 594 | 466 | 128 | $40.1 million |
How Owensboro ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Owensboro and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Owensboro | $214K | +4.1% | $1,170 | 253 | $56,357 |
| Ohio | — | −8.5%† | $990 | — | $76,125 |
† FHFA price index change, where Zillow has no home value for the town.
3.8 years of income
The typical Owensboro home costs about 3.8 years of the town's median household income, about the same as across Kentucky (3.7).
How Owensboro ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,170
HUD's Fair Market Rent for a two-bedroom in Owensboro is $1,170 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Owensboro pay a median of $905, so moving in tends to cost more than staying put. A two-bedroom takes about 25% of the town's median household income.
Studio $890 · 4 bedrooms $1,550
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (42301, 42303; Owensboro, KY MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Owensboro
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.