The story of this market
The typical home in ZIP 40422 sells for about $220,400, or $146 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 87 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $776 a month.
ZIP 40422 — Danville
The housing market in 40422 remains stable with moderate inventory levels and consistent pricing. Demand is supported by the local institutional presence, though the market is currently experiencing a balanced pace of sales.
This ZIP is well-suited for families and retirees seeking a stable, historic community with a lower cost of living compared to larger metropolitan areas.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 87 days on market with 5.2 months of supply — a balanced-paced market.
28% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 15.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 40422, Boyle County KY
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Danville serves as a regional hub for education and healthcare, anchored by Centre College and local medical facilities.
Property taxes are assessed by Boyle County; rates are determined by local taxing districts including the city, county, and school district.
The area is primarily car-dependent with access to US-127 and US-150 serving as the main corridors for regional travel.
Residents have access to Millennium Park, local golf courses, and the historic downtown district featuring various dining and shopping options.
The rental market is characterized by steady demand driven by the local college population and workforce, with limited new multi-family supply.
The economy is driven by education, healthcare, and manufacturing sectors within the Danville micropolitan area.
Transportation is primarily highway-based with limited public transit options available within the city limits.
Ongoing infrastructure improvements focus on local road maintenance and utility upgrades to support existing residential density.
The Boyle County Property Valuation Administrator (PVA) is responsible for the assessment of all real property in the county.
Parcels are subject to Danville Independent or Boyle County school district taxes, alongside local municipal and county levies.
Property insurance premiums are generally stable, though coverage is subject to standard regional risks including wind and storm damage.
Data retrieved from US Census Bureau and GreatData.com profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Large community park with sports fields and walking trails.
Private liberal arts college serving as a cultural anchor.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.