How much house does $500,000 buy you in Owensboro?

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October 2, 2025
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This story was produced by Redfin Real Estate and reviewed and distributed by Stacker Media.

How much house does $500,000 buy you in Owensboro?

Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000. 

These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.

While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Owensboro?

To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Owensboro right now. Listings below $500,000 were included if necessary.

4118 Goose Lake Cv, Owensboro, KY 42303
- Price: $430,000
- 5 bedrooms, 4 bathrooms
- Square feet: 3,717
- See 4118 Goose Lake Cv, Owensboro, KY 42303 on Redfin.com

290 Gilbert Morris Rd, Reynolds Station, KY 42368
- Price: $410,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,940
- See 290 Gilbert Morris Rd, Reynolds Station, KY 42368 on Redfin.com

4119 Hunting Creek Dr, Owensboro, KY 42303
- Price: $410,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 5,000
- See 4119 Hunting Creek Dr, Owensboro, KY 42303 on Redfin.com

6208 State Route 144, Owensboro, KY 42303
- Price: $449,000
- 4 bedrooms, 3 bathrooms
- Square feet: 4,046
- See 6208 State Route 144, Owensboro, KY 42303 on Redfin.com

2065 Northwood Dr, Owensboro, KY 42301
- Price: $469,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,416
- See 2065 Northwood Dr, Owensboro, KY 42301 on Redfin.com

12150 Red Hill Maxwell Rd, Utica, KY 42376
- Price: $444,500
- 4 bedrooms, 3 bathrooms
- Square feet: 2,447
- See 12150 Red Hill Maxwell Rd, Utica, KY 42376 on Redfin.com

3905 Brookfield Dr, Owensboro, KY 42303
- Price: $449,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,871
- See 3905 Brookfield Dr, Owensboro, KY 42303 on Redfin.com

2250 Deer Valley Blvd, Utica, KY 42376
- Price: $453,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,677
- See 2250 Deer Valley Blvd, Utica, KY 42376 on Redfin.com

2128 Pebble Wood Dr, Owensboro, KY 42303
- Price: $435,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,646
- See 2128 Pebble Wood Dr, Owensboro, KY 42303 on Redfin.com

5538 Mulberry Pl, Owensboro, KY 42301
- Price: $394,500
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,620
- See 5538 Mulberry Pl, Owensboro, KY 42301 on Redfin.com

6233 Jessica Ln, Owensboro, KY 42303
- Price: $426,800
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,611
- See 6233 Jessica Ln, Owensboro, KY 42303 on Redfin.com

6531 Jessica Ln, Owensboro, KY 42303
- Price: $417,800
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,562
- See 6531 Jessica Ln, Owensboro, KY 42303 on Redfin.com

2016 Pebblewood Dr, Owensboro, KY 42303
- Price: $422,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,562
- See 2016 Pebblewood Dr, Owensboro, KY 42303 on Redfin.com

3845 Little Bluestem Dr, Owensboro, KY 42303
- Price: $399,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,495
- See 3845 Little Bluestem Dr, Owensboro, KY 42303 on Redfin.com

943 Onyx Ln, Owensboro, KY 42301
- Price: $394,800
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,150
- See 943 Onyx Ln, Owensboro, KY 42301 on Redfin.com

2123 Fieldcrest Dr, Owensboro, KY 42301
- Price: $479,500
- 4 bedrooms, 2 bathrooms
- Square feet: 3,000
- See 2123 Fieldcrest Dr, Owensboro, KY 42301 on Redfin.com

3312 Calumet Trce, Owensboro, KY 42303
- Price: $399,900
- 4 bedrooms, 2 bathrooms
- Square feet: 2,286
- See 3312 Calumet Trce, Owensboro, KY 42303 on Redfin.com

6648 Spring Haven Trce, Owensboro, KY 42301
- Price: $424,900
- 4 bedrooms, 2 bathrooms
- Square feet: 2,271
- See 6648 Spring Haven Trce, Owensboro, KY 42301 on Redfin.com

6310 Ridge Brook Cv, Owensboro, KY 42301
- Price: $459,900
- 4 bedrooms, 2 bathrooms
- Square feet: 2,250
- See 6310 Ridge Brook Cv, Owensboro, KY 42301 on Redfin.com

4446 Stonegate Dr, Owensboro, KY 42303
- Price: $405,000
- 4 bedrooms, 2 bathrooms
- Square feet: 2,111
- See 4446 Stonegate Dr, Owensboro, KY 42303 on Redfin.com

2616 Kentucky 1389, Hawesville, KY 42348
- Price: $399,900
- 3 bedrooms, 4 bathrooms
- Square feet: 2,700
- See 2616 Kentucky 1389, Hawesville, KY 42348 on Redfin.com

4883 Oak Meadow Ct, Owensboro, KY 42303
- Price: $499,900
- 3 bedrooms, 3.5 bathrooms
- Square feet: 3,382
- See 4883 Oak Meadow Ct, Owensboro, KY 42303 on Redfin.com

999 W 1St St, Owensboro, KY 42301
- Price: $449,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,880
- See 999 W 1St St, Owensboro, KY 42301 on Redfin.com

1913 Celebration Cir, Owensboro, KY 42303
- Price: $469,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,357
- See 1913 Celebration Cir, Owensboro, KY 42303 on Redfin.com

5188 Free Silver Rd, Philpot, KY 42366
- Price: $398,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,432
- See 5188 Free Silver Rd, Philpot, KY 42366 on Redfin.com

4883 Pleasant Grove Rd, Owensboro, KY 42303
- Price: $399,500
- 3 bedrooms, 2 bathrooms
- Square feet: 2,201
- See 4883 Pleasant Grove Rd, Owensboro, KY 42303 on Redfin.com

652 Stableford Cir, Owensboro, KY 42303
- Price: $399,900
- 3 bedrooms, 2 bathrooms
- Square feet: 2,100
- See 652 Stableford Cir, Owensboro, KY 42303 on Redfin.com

1787 Celebration Cir, Owensboro, KY 42303
- Price: $410,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,924
- See 1787 Celebration Cir, Owensboro, KY 42303 on Redfin.com

937 Griffith Ave, Owensboro, KY 42301
- Price: $437,500
- 2 bedrooms, 2.5 bathrooms
- Square feet: 2,200
- See 937 Griffith Ave, Owensboro, KY 42301 on Redfin.com

8504 State Route 81, Owensboro, KY 42301
- Price: $429,900
- 2 bedrooms, 2 bathrooms
- Square feet: 2,562
- See 8504 State Route 81, Owensboro, KY 42301 on Redfin.com

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