Is Danville, KY 40422 a buyer’s or seller’s market?
Danville is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 19% of U.S. ZIP codes, and #116 of 160 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Danville housing market right now
In the three months ending August 31, 2026, 10% of homes in Danville, KY 40422 sold above their list price, the typical home went under contract in 58 days and there were 4.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 93 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 13%, homes sold more slowly (55 days then) and the median sale price fell 7% to $247,393. Overall, Danville is less competitive than a year ago, which gives buyers more room.
On our competition score, Danville ranks #116 of 160 KY ZIP codes with enough sales (score 25 out of 100).
Nearby, buyers who want less competition could look at Perryville 40468 (0% sold over asking), while Parksville 40464 (100% sold over asking) and Junction City 40440 (22% sold over asking) are even more competitive.
Run the numbers for 40422
Nearby markets
Junction City 40440Seller’s market $199 /sq ftParksville 40464Seller’s market $144 /sq ftPerryville 40468Seller’s market $139 /sq ft Browse all markets →Towns like Danville nearby
Find towns like Danville in other states →Where Danville is
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Questions about Danville real estate
Is Danville a buyer’s or seller’s market?
A balanced market: there were 4.6 months of supply in Danville, KY 40422 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Danville?
The typical home went under contract in 58 days in the latest three months.
Do homes in Danville sell over asking?
10% of homes sold above their original list price, and the typical sale closed at 97.7% of the list price.
What are property taxes in Danville?
About 0.82% of a home’s value a year in Boyle County, or roughly $3,280 on a $400,000 home.
What is the median home price in Danville?
The median sale price was $247,393 in the three months ending August 31, 2026, about $154 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology