Owensboro KY housing market

The Owensboro KY housing market is showing important shifts as of August 2025. With changing mortgage rates, seasonal buyer demand, and local inventory trends, both buyers and sellers are asking: Is now the right time to move in Owensboro? At The Harris Group, we track the Owensboro real estate market closely to provide our clients with the most accurate insights. In this update, we’ll break down the latest numbers, what they mean for buyers and sellers, and why Owensboro continues to be one of Kentucky’s most attractive places to live.

The Owensboro KY housing market is showing important shifts as of August 2025. With changing mortgage rates, seasonal buyer demand, and local inventory trends, both buyers and sellers are asking: Is now the right time to move in Owensboro? At The Harris Group, we track the Owensboro real estate market closely to provide our clients with the most accurate insights. In this update, we’ll break down the latest numbers, what they mean for buyers and sellers, and why Owensboro continues to be one of Kentucky’s most attractive places to live.

Owensboro KY Housing Market Overview – August 2025

• Median home price: $225,000 (steady compared to July)

• Average days on market: 34 days (slightly faster than last quarter)

• Inventory: 5% higher than June, giving buyers more choices

• Mortgage rates: Averaging around 6.5%, influencing affordability

What this means:

The Owensboro KY real estate market is stable with steady home values. Buyers now have more listings to choose from, but competition remains strong for well-priced homes.

What Buyers Should Know in Owensboro

If you’re planning to buy, now is a good time to explore. With slightly higher inventory, buyers have more leverage to negotiate closing costs or repairs. Popular areas like Lake Forest and East Owensboro continue to move quickly, while homes priced above $300,000 are seeing longer days on market.

Browse the latest homes for sale in Owensboro KY to see current listings.

What Sellers Should Expect in Owensboro

Sellers can still take advantage of high buyer demand in Owensboro. Properly staged homes in the $150K–$250K range are receiving multiple offers. To maximize your sale price:

• Price competitively with recent comps

• Stage your home for curb appeal

• Highlight upgrades (kitchen, flooring, energy-efficient features)

 Need to sell? Get your Owensboro KY home valuation today with The Harris Group.

Living in Owensboro, Kentucky

Beyond the numbers, Owensboro offers a unique lifestyle. Families enjoy the Owensboro Public Schools, the scenic Smothers Park, and annual events like the International Bar-B-Q Festival. With its blend of affordability, community spirit, and job opportunities, Owensboro remains one of Western Kentucky’s most sought-after cities.

The Owensboro KY housing market in August 2025 shows stability with opportunities for both buyers and sellers. Whether you’re looking to purchase your first home, upgrade, or sell, The Harris Group is here to guide you every step of the way.

Contact us today to learn more about Owensboro KY real estate or explore the latest homes for sale in Owensboro KY with our expert team.