The housing market in Danville, KY (40422) is just slightly lower than that of the overall US median value which stands at $338,100. However, the median house value in Danville is still quite high at $208,100 and it has seen a similar appreciation rate to that of the US with 8.08%. This indicates that despite being a bit lower than the national average, Danville’s housing market is still doing relatively well and should remain stable.
The median home cost in Danville (zip 40422) is $208,100. Home appreciation the last 10 years has been 69.9%. Home Appreciation in Danville (zip 40422) is up 15.5%.
Average Age of Homes
- The median age of Danville (zip 40422) real estate is 40 years old
The Rental Market in Danville (zip 40422)
- Renters make up 32.0% of the Danville (zip 40422) population
- 1.8% of houses and apartments in Danville (zip 40422), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.