Danville, KY Home Values & Market Trends

Real estate market trends reflect that there have been 299 transactions over the past year in Danville. The median value for residential home transactions that occurred over the previous year is $180,446.26. The number of current listings in Danville is 60, and the percentage of properties for sale in the city is 60.00%. Danville, KY currently has 2 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 60 properties for sale.

Danville, KY Real Estate Market Overview

ZipMedian Est. Value
40422

$ 242,000

$ 122/sqft

Housing Market Summary for Danville, KY

Apr 2023March 2024Change
Median Listing Price$299K$209.9K-29.80%
Median Sold Price$200.5K$209.9K4.69%
Homes For Sale6363-
Homes Sold133118-11.28%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Danville, KY

Danville home values range from $18,152 to $2,165,995. The median estimated value of a home in Danville is $180,446.26. The median list price of a home is 289,950, and the total count of properties in the city is 7,464.

Foreclosure
There is 1 zips within Danville, KY; within this zips, the median estimated home value for homes in foreclosure ranges from $102,729 in 40422 to the lowest value of $96,980 in 40422. Foreclosure homes account for 0.00% of properties in Danville, KY with 40422 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Danville, KY with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Danville, KY; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Danville, KY ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Danville, KY. There is 1 zips within Danville, KY; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    40422 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Danville, KY. Auction homes and other auction properties account for 0.03% of all properties in Danville, KY. There is 1 zips within Danville, KY; of that zips, the median estimated home value for homes going to auction ranges from $102,729 in 40422 to the lowest value of $96,980 in 40422.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.80% of residential properties in Danville, KY with 40422 containing 60 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Danville, KY; homes for sale in that zips, have a range of median values from $998,000 in 40422 to the lowest value of $55,599 in 40422.
    Sold Homes
    The median value for recently sold homes ranges from $674,656 in 40422 to the lowest price of $18,868 in 40422. There is 1 zips within Danville, KY. 40422 has 131 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.76% of properties in Danville, KY.

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      Guide for Danville, KY

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      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
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      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
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      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Market Reports|posted 20 March 2024

      This blog post analyzes the rising trends in the Lexington, KY real estate market from March 2023 to February 2024, and compares them with surrounding cities.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Recently Listed Homes Danville, KY

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