Metro area index
Home appreciation in the Owensboro, KY metro area
FHFA HPI® data shows the Owensboro, KY metro area's all-transactions index changed +13.0% over the year to Q2 2026, versus +4.7% for Kentucky and +3.0% for the U.S. That ranks 2nd of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +13.0%
- 5-year change
- +48.6%
- Since Q1 1995
- +230%
- Metro rank (1 year)
- 2nd
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Owensboro, KY vs Kentucky and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Owensboro, KY: 329.7
- Kentucky: 338.8
- United States: 391.6
Appreciation by time window
| Window | Metro | KY | U.S. | Gap vs KY | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +13.0% | +4.7% | +3.0% | +8.3 pts | +10.0 pts |
| 3 years | +20.7% | +16.2% | +12.9% | +4.4 pts | +7.8 pts |
| 5 years | +48.6% | +45.9% | +41.3% | +2.8 pts | +7.4 pts |
| 10 years | +91.7% | +91.2% | +93.3% | +0.5 pts | −1.6 pts |
| Since Q1 1995 | +230% | +239% | +292% | −9.1 pts | −61.9 pts |
3-digit ZIP regions in the Owensboro, KY area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 423 · Owensboro, KY area | KY | +13.1% | +50.8% | +234% | 62% |
Boom, bust, and recovery in Owensboro, KY area
Owensboro, KY area's index peaked in Q1 2009, fell 3.2% to its low in Q1 2010, and regained its peak in Q3 2010, about 1.5 years after the top. Today it sits +117% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q1 2009 | Q1 2010 | -3.2% | Q3 2010 (1.5 yrs) | +117% |
| KY | Q1 2008 | Q2 2011 | -4.4% | Q1 2015 (7 yrs) | +102% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Owensboro, KY area's index has changed +48.9% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | KY after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | +8.8% | +0.8% | -0.8% |
| 3 years | +9.8% | +9.9% | +5.8% | +2.8% |
| 5 years | +24.0% | +19.8% | +17.6% | +13.9% |
| 10 years | +39.1% | +37.8% | +37.5% | +39.0% |
| Since Q1 1995 | +121% | +48.9% | +53.0% | +76.8% |
If you bought in the Owensboro, KY area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +218% | $954,453 |
| Q2 2000 | +168% | $803,624 |
| Q2 2005 | +133% | $699,653 |
| Q2 2010 | +121% | $664,004 |
| Q2 2015 | +101% | $604,326 |
| Q2 2020 | +60.3% | $480,823 |
| Q2 2021 | +48.6% | $445,922 |
| Q2 2023 | +20.7% | $361,989 |
| Q2 2025 | +13.0% | $338,965 |
Frequently asked questions
- How much have home prices risen in the Owensboro, KY area?
- FHFA HPI® data for the Owensboro, KY metro area shows changes of +13.0% over one year, +48.6% over five years, and +91.7% over ten years to Q2 2026, and +230% since Q1 1995.
- Is the Owensboro, KY area beating the national average?
- Over the past year the metro's index moved +10.0 pts versus the U.S.; over five years the gap is +7.4 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.