Market Intelligence Report — KY-220

Danville, KY

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-KY-09
As of the latest 2026 data
Cooling

Median Listing

$320K
+7.0% YoY

Pending Ratio

0.32
-11.0% YoY

Active Inventory

215
+18.8% YoY

Median DOM

61 Days
+8.0% YoY

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The Danville market is exhibiting cooling trends, with the pending ratio registering 0.32, marking an 11.0% decline year-over-year. Active listings have expanded by 18.8% over the past year, indicating a shift in supply dynamics. This suggests a less competitive environment compared to previous periods.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Danville market right now.

The market is currently experiencing a deceleration in demand absorption, as evidenced by the pending ratio dropping 11.0% year-over-year to 0.32. Inventory levels have seen notable expansion, with active listings increasing by 18.8% and new listings up 10.8% over the past year. Despite a 7.0% year-over-year increase in the median listing price, month-over-month data shows a 3.2% decline, suggesting a potential moderation in pricing momentum. The share of price-reduced listings has also increased by 6.1% year-over-year, reaching 28.4%.

Historical Analysis

Market Trends

Median Price

$320K-3.2% MoM

Active Inventory

215+18.8% YoY

Days on Market

61+8.0% YoY

Sold Score™

38-11.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

38
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market dynamics suggest a deceleration in the pace of transactions, as evidenced by the low pending ratio. Increasing inventory levels are reducing pressure on buyers and offer more selection. This environment necessitates price discipline from sellers to align with prevailing demand and absorption rates, especially given the rising share of price reductions.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

215 active listings represent the current floor, with new supply arriving at roughly 82 per month.

Pricing Pressure
28.4%

of active listings carry a price reduction, +6.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.3% year-over-year.

Absorption
0.32

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Danville, KY? Homes here are taking 5 days longer to sell than last year.

Buyers have leverage in Danville, KY. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
32%
Median Days on Market
61 days
Inventory YoY
+19%

In a buyer's market, strategy beats timing. See how your home scores in Danville, KY and what moves the number.

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Metro Demographics

Metro Area
Danville, KY
CBSA Code
19220
State
KY

ZIPs in Danville, KY

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