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Featured local agent — Danville, KY
Sarah Mitchell
Compass Real Estate · Danville, KY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Danville, KY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$206,000median sale price
How is the Danville, KY housing market right now?
The median home sale price in Danville, KY is $206,000, down 5.1% year-over-year. Homes sell in an average of 50 days with 67 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Danville a buyer's or seller's market?
Danville, KY is currently a balanced market, based on 3.7 months of supply and homes selling in about 50 days. How we determine this →
Homes sold
18
Last 12 weeks
Days on market
50
Average pace
Active listings
67
3.7 months supply
Sale-to-list
98.2%
Below asking
What does the Danville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $206,000 |
| Median list price | $296,250 |
| Year-over-year price change | -5.1% |
| Average days on market | 50 days |
| Active inventory | 67 listings |
| Months of supply | 3.7 months |
| Sale-to-list price ratio | 98.2% |
| Median price per sq ft | $146/sq ft |
| Homes sold (latest month) | 18 |
| New listings (latest month) | 26 |
| Listings with a price cut | 23.9% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Danville by property type?
How the Danville, KY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $206,000 | $146/sq ft | 18 | 50 days |
| Condo / Co-op | $409,002 | $195/sq ft | 1 | 114 days |
| Townhouse | $208,000 | $148/sq ft | 1 | 183 days |
Source: Redfin · Updated monthly
The Danville housing market is currently classified as a balanced market with a median sale price of $206,000. Prices have fallen 5.1% compared to last year, with homes spending an average of 50 days on market, indicating 3.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.8x provides context for how home values compare to local earning capacity.
Homes for sale in Danville
There are currently 67 homes listed for sale in Danville, Kentucky. The median listing price is $296K.
Active listings
67
Homes on market
Median list price
$296K
Avg. days on market
50
Days until sale
New this week
26
Newly listed
Who lives in Danville?
Population
17,235
Median income
$53,370/yr
Median age
36 years
Owner-occupied
57.5%
College grads
26.5%
Avg commute
18.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Danville?
Zillow home value
$255,060
Zillow rent index
$1,134/mo
Price-to-rent ratio
18.7x
Price-to-income
4.8x
Source: Zillow Research
What is it like to live in Danville?
Danville is a community of approximately 17K residents with a median age of 36 years.The median household income is $53,370, which represents a working-class community with solid middle-income opportunities. 26.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 57.5%, showing a blend of owner and renter-occupied properties. The average commute time is 18.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Danville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Danville?
11 schools tracked · 4,084 students
The largest public schools serving Danville, KY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Boyle County High School
Grades 9-12 · 887 students
Woodlawn Elementary School
Grades PK-5 · 667 students
Boyle County Middle School
Grades 6-8 · 645 students
Edna L. Toliver Intermediate School
Grades 2-5 · 508 students
Danville High School
Grades 9-12 · 497 students
John W. Bate Middle School
Grades 6-8 · 386 students
Mary G. Hogsett Primary School
Grades PK-1 · 352 students
Kentucky School for the Deaf
Grades PK-12 · 77 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Danville, KY?
Want a head-to-head view? Compare Danville side-by-side with any other U.S. city using our market-comparison tool.
Is Danville a good real estate investment market?
For investors evaluating Danville, the price-to-rent ratio of 18.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 5.1% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Danville's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Danville's median home price.
Frequently asked questions
What is the average home price in Danville?
The median home sale price in Danville is $206,000, down 5.1% from last year.
How long do homes stay on market in Danville?
Homes typically spend 50 days on market before going under contract.
What is the median income in Danville?
The median household income is $53,370 per year.
Is Danville a buyer's or seller's market?
With 3.7 months of supply, Danville is currently a balanced market.
What is the Zillow home value estimate for Danville?
The Zillow Home Value Index (ZHVI) for Danville is $255,060, representing the typical home value in the area.
What is the median condo price in Danville?
The median condo/co-op sale price in Danville, KY is $409,002, compared to $206,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Danville?
The median single-family home price in Danville, KY is $206,000 (about $146 per square foot).
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