Danville Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Danville averaged 6.75% for the week of 2023-03-23, compared to the national average of 6.42% for the same period.

    The average rate for the prior week (2023-03-16) was 6.83% and one month ago for the week of 2023-02-16, the average rate was 6.75%.

    Danville's average rate one year ago was 3.75%.

    For refis of the same type during the week of 2023-03-23, the average rate was 6.69%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-23 6.42%
    Danville 30 Year Fixed Rate 2023-03-23 6.75%
    Danville 30 Year Fixed Rate Refi 2023-03-23 6.69%
    Danville 15 Year Fixed Rate 2023-03-23 6.06%
    Danville 15 Year Fixed Rate Refi 2023-03-23 6.41%
    Danville 30 Year FHA 2023-03-23 6.47%
    Danville 30 Year FHA Refi 2023-03-23 6.01%
    Danville 30 Year USDA 2023-03-23 6.18%
    Danville 30 Year USDA Refi 2023-03-23 6.12%
    Danville 30 Year VA 2023-03-23 6.26%
    Danville 30 Year VA Refi 2023-03-23 5.69%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Danville, KY.

    Danville Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Danville, KY market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    GENEVA FINANCIAL, LLC 30 5.16% $4,844
    QUICKEN LOANS, LLC 22 4.97% $5,349
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 17 4.16% $4,976
    JPMorgan Chase Bank 17 5.44% $4,141
    Abound Federal Credit Union 16 4.55% $2,196
    Republic State Mortgage Co. 15 5.11% $3,948
    Community Trust Bank, Inc. 13 4.84% $1,819
    Bank of England 8 5.61% $4,484
    STOCKTON MORTGAGE CORPORATION 8 4.72% $3,816
    UNITED WHOLESALE MORTGAGE, LLC 8 5.27% $3,989
    HOMESIDE FINANCIAL, LLC 7 5.73% $6,453
    Central Bank & Trust Company 7 4.30% $2,125
    PNC Bank 7 5.16% $3,721
    U.S. Bank 6 5.10% $3,293
    GoPrime Mortgage, Inc. 6 5.16% $4,531
    Fifth Third Bank 5 4.75% $4,128
    The Citizens National Bank of Somerset 5 4.63% $2,582
    CHURCHILL MORTGAGE CORPORATION 5 4.88% $4,020
    MORTGAGE INVESTORS GROUP, INC. 5 5.83% $4,602
    Hometown Lenders, Inc. 4 4.06% $2,793
    Republic Bank & Trust Company 4 5.75% $2,660
    Farm Credit Mid-America, ACA 4 5.21% $6,429
    Northpointe Bank 4 5.59% $3,434
    LOANDEPOT.COM, LLC 4 4.72% $4,567
    VANDERBILT MORTGAGE AND FINANCE, INC. 3 6.42% $6,067
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 5.08% $4,399
    L & N Federal Credit Union 3 5.04% $1,789
    HOME POINT FINANCIAL CORPORATION 3 5.13% $4,368
    FREEDOM MORTGAGE CORPORATION 3 3.38% $3,857
    MOVEMENT MORTGAGE, LLC 3 4.58% $3,629
    Whitaker Bank 2 5.44% $2,323
    Academy Bank 2 4.19% $2,782
    AgFirst Farm Credit Bank 2 4.25% $4,121
    BROKER SOLUTIONS, INC. 2 5.63% $5,227
    CALIBER HOME LOANS, INC. 2 4.16% $4,070
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 4.13% $4,693
    Carrington Mortgage Services, LLC 2 4.25% $4,076
    Central Kentucky Agricultural Credit Association 2 6.11% $2,048
    COMMONWEALTH 2 4.88% $2,706
    ENVOY MORTGAGE, LTD 2 5.00% $4,824
    First Southern National Bank 2 5.88% $1,157
    Guardian Savings Bank, A Federal Savings Bank 2 4.13% $550
    HAMILTON HOME LOANS, INC. 2 4.06% $3,997
    NEWREZ LLC 2 6.18% $3,730
    PARK COMMUNITY CREDIT UNION, INC. 2 4.13% $2,456
    Prosperity Home Mortgage, LLC 2 5.19% $4,740
    PROVIDENT FUNDING ASSOCIATES, L.P. 2 5.75% $2,659
    Stock Yards Bank & Trust Company 2 5.38% $3,714
    EVERETT FINANCIAL, INC. 1 6.88% $2,479
    KELLER MORTGAGE, LLC 1 3.88% $2,081
    LAKEVIEW LOAN SERVICING, LLC 1 4.99% $3,930
    EVANSVILLE TEACHERS 1 3.13% $3,103
    ENDEAVOR CAPITAL, LLC. 1 5.88% $4,189
    MEMBERS HERITAGE Credit Union 1 4.00% $3,431
    MORTGAGE ACCESS CORP. 1 4.13% $2,923
    Edmonton State Bank 1 5.25% $3,096
    CROSSCOUNTRY MORTGAGE, LLC 1 5.83% $4,759
    Mr. Cooper ( Nationstar Mortgage ) 1 6.00% $6,416
    M&T Bank 1 5.75% $5,064
    Ally Bank 1 3.50% $4,385
    North American Savings Bank, F.S.B. 1 3.88% $495
    Citizens Bank 1 3.63% $2,783
    ADVANCIAL 1 5.38% $4,376
    PENNYMAC LOAN SERVICES, LLC 1 5.50% $8,802
    PENTAGON FEDERAL CREDIT UNION 1 4.13% $2,696
    Century Mortgage Company DBA Century Lending Company 1 3.38% $5,602
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.13% $6,659
    Watermark Capital, Inc. 1 5.00% $5,209
    Wells Fargo Bank 1 6.75% $4,882
    PULTE MORTGAGE LLC 1 4.13% $1,319
    BAY EQUITY LLC 1 3.50% $3,410
    Barrington Bank & Trust Company, N.A. 1 6.63% $3,832
    Arvest Bank 1 5.38% $3,804
    SOUTH CENTRAL BANK, INC. 1 5.50% $2,752
    Stifel Bank and Trust 1 2.25% $2,387
    AMERISAVE MORTGAGE CORPORATION 1 3.99% $2,187
    ACADEMY MORTGAGE CORPORATION 1 5.88% $2,720
    AmeriHome Mortgage Company, LLC 1 3.99% $5,847
    The Monticello Banking Company 1 4.00% $2,372
    Traditional Bank, Inc. 1 5.50% $2,435
    GUARANTEED RATE, INC. 1 4.95% $4,827
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.38% $3,124
    USAA Federal Savings Bank 1 3.38% $4,301
    GUARANTEED RATE AFFINITY, LLC 1 5.40% $3,662
    First Savings Bank 1 5.50% $2,442
    FINANCE OF AMERICA MORTGAGE LLC 1 3.88% $2,939
    INTERLINC MORTGAGE SERVICES, LLC 1 7.50% $4,254

    Danville Average Closing Costs & Other Stats

    Danville, KY's 87 lenders originated 1,072 loans during 2022. The total origination value was $176,550,000, with an average loan value of $164,692.

    Danville's average closing costs are $4,175.

    The top Danville lender as defined by loan originations is GENEVA FINANCIAL, LLC, with 30 loans originated. Their average total fees are $4,844, which is $506 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Danville lenders (with over 10 loans originated) are Community Trust Bank, Inc. ($1,819), Abound Federal Credit Union ($2,196), Republic State Mortgage Co. ($3,948), JPMorgan Chase Bank ($4,141) and GENEVA FINANCIAL, LLC ($4,844).

    The lowest rate Danville lenders (with over 10 loans originated) are FAIRWAY INDEPENDENT MORTGAGE CORPORATION (4.16%), Abound Federal Credit Union (4.55%), Community Trust Bank, Inc. (4.84%), QUICKEN LOANS, LLC (4.97%) and Republic State Mortgage Co. (5.11%).

    Danville, KY Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    GENEVA FINANCIAL, LLC $6,025,000 $10,955,000 81.8% 6.2%
    Whitaker Bank $3,240,000 $9,480,000 192.6% 5.4%
    First Southern National Bank $7,900,000 $9,185,000 16.3% 5.2%
    QUICKEN LOANS, LLC $24,430,000 $8,355,000 -65.8% 4.7%
    Republic State Mortgage Co. $12,305,000 $7,905,000 -35.8% 4.5%
    Abound Federal Credit Union $12,675,000 $7,310,000 -42.3% 4.1%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $15,740,000 $6,705,000 -57.4% 3.8%
    STOCKTON MORTGAGE CORPORATION $12,980,000 $5,600,000 -56.9% 3.2%
    Community Trust Bank, Inc. $9,155,000 $5,250,000 -42.7% 3.0%
    JPMorgan Chase Bank $5,955,000 $4,830,000 -18.9% 2.7%
    UNITED WHOLESALE MORTGAGE, LLC $2,995,000 $4,250,000 41.9% 2.4%
    HOMESIDE FINANCIAL, LLC $145,000 $4,040,000 2,686.2% 2.3%
    Mortgage Research Center, LLC $5,280,000 $3,745,000 -29.1% 2.1%
    Fifth Third Bank $1,615,000 $3,720,000 130.3% 2.1%
    PNC Bank $4,585,000 $3,040,000 -33.7% 1.7%
    PARK COMMUNITY CREDIT UNION, INC. $765,000 $2,910,000 280.4% 1.6%
    VANDERBILT MORTGAGE AND FINANCE, INC. $1,870,000 $2,715,000 45.2% 1.5%
    USAA Federal Savings Bank $2,360,000 $2,490,000 5.5% 1.4%
    U.S. Bank $2,995,000 $2,470,000 -17.5% 1.4%
    Farm Credit Mid-America, ACA $1,535,000 $2,360,000 53.7% 1.3%
    Cumberland Valley National Bank & Trust Company $760,000 $2,345,000 208.6% 1.3%
    COMMONWEALTH $4,240,000 $2,065,000 -51.3% 1.2%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $4,145,000 $2,050,000 -50.5% 1.2%
    Traditional Bank, Inc. $975,000 $2,005,000 105.6% 1.1%
    Bank of England $860,000 $1,995,000 132.0% 1.1%
    Central Bank & Trust Company $1,825,000 $1,850,000 1.4% 1.0%
    NAVY FEDERAL CREDIT UNION $2,045,000 $1,790,000 -12.5% 1.0%
    Hometown Lenders, Inc. $2,710,000 $1,710,000 -36.9% 1.0%
    LOANDEPOT.COM, LLC $1,660,000 $1,700,000 2.4% 1.0%
    GoPrime Mortgage, Inc. $3,980,000 $1,680,000 -57.8% 1.0%
    UNIVERSITY OF KENTUCKY $1,610,000 $1,655,000 2.8% 0.9%
    AMERISAVE MORTGAGE CORPORATION $2,705,000 $1,610,000 -40.5% 0.9%
    CHURCHILL MORTGAGE CORPORATION $525,000 $1,600,000 204.8% 0.9%
    The Citizens National Bank of Somerset $1,285,000 $1,565,000 21.8% 0.9%
    PENNYMAC LOAN SERVICES, LLC $2,735,000 $1,530,000 -44.1% 0.9%
    Peoples Exchange Bank $850,000 $1,495,000 75.9% 0.8%
    EVERETT FINANCIAL, INC. $330,000 $1,340,000 306.1% 0.8%
    MORTGAGE INVESTORS GROUP, INC. $1,245,000 n/a 0.7%
    Old National Bank $175,000 $1,205,000 588.6% 0.7%
    BROKER SOLUTIONS, INC. $2,010,000 $1,195,000 -40.5% 0.7%
    HOME POINT FINANCIAL CORPORATION $935,000 $1,120,000 19.8% 0.6%
    GUARANTEED RATE, INC. $540,000 $1,030,000 90.7% 0.6%
    Carrington Mortgage Services, LLC $415,000 $1,010,000 143.4% 0.6%
    The Monticello Banking Company $2,845,000 $945,000 -66.8% 0.5%
    LAKEVIEW LOAN SERVICING, LLC $2,120,000 $940,000 -55.7% 0.5%
    Mr. Cooper ( Nationstar Mortgage ) $2,385,000 $940,000 -60.6% 0.5%
    Guardian Savings Bank, A Federal Savings Bank $4,460,000 $825,000 -81.5% 0.5%
    The Farmers Bank $750,000 $825,000 10.0% 0.5%
    First State Bank of the Southeast, Inc. $245,000 $805,000 228.6% 0.5%
    SOUTH CENTRAL BANK, INC. $240,000 $760,000 216.7% 0.4%
    MID AMERICA MORTGAGE, INC. $2,655,000 $730,000 -72.5% 0.4%
    AgFirst Farm Credit Bank $1,150,000 $725,000 -37.0% 0.4%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,030,000 $720,000 -30.1% 0.4%
    Wells Fargo Bank $2,260,000 $705,000 -68.8% 0.4%
    FREEDOM MORTGAGE CORPORATION $4,860,000 $665,000 -86.3% 0.4%
    MUTUAL OF OMAHA MORTGAGE, INC. $910,000 $655,000 -28.0% 0.4%
    Home Federal Bank Corporation $650,000 n/a 0.4%
    Central Kentucky Agricultural Credit Association $375,000 $615,000 64.0% 0.3%
    CMG MORTGAGE, INC. $615,000 n/a 0.3%
    RUOFF MORTGAGE COMPANY, INC. $630,000 $615,000 -2.4% 0.3%
    Northpointe Bank $1,350,000 $610,000 -54.8% 0.3%
    Republic Bank & Trust Company $1,600,000 $610,000 -61.9% 0.3%
    Equity Prime Mortgage LLC $605,000 n/a 0.3%
    Barrington Bank & Trust Company, N.A. $345,000 $595,000 72.5% 0.3%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $255,000 $590,000 131.4% 0.3%
    NEWREZ LLC $1,020,000 $585,000 -42.6% 0.3%
    Stifel Bank and Trust $565,000 n/a 0.3%
    Stock Yards Bank & Trust Company $570,000 $560,000 -1.8% 0.3%
    MOVEMENT MORTGAGE, LLC $1,165,000 $535,000 -54.1% 0.3%
    Citizens Bank $355,000 $510,000 43.7% 0.3%
    AMERICAN FINANCING CORPORATION $745,000 $465,000 -37.6% 0.3%
    Prosperity Home Mortgage, LLC $470,000 $460,000 -2.1% 0.3%
    FINANCE OF AMERICA MORTGAGE LLC $2,105,000 $455,000 -78.4% 0.3%
    GUARANTY HOME MORTGAGE CORPORATION $2,455,000 $435,000 -82.3% 0.2%
    MORTGAGE SUPPLIERS, INC. $615,000 $430,000 -30.1% 0.2%
    ENVOY MORTGAGE, LTD $300,000 $420,000 40.0% 0.2%
    CROSSCOUNTRY MORTGAGE, LLC $545,000 $380,000 -30.3% 0.2%
    Arvest Bank $580,000 $345,000 -40.5% 0.2%
    AmeriHome Mortgage Company, LLC $145,000 $330,000 127.6% 0.2%
    EVANSVILLE TEACHERS $195,000 $325,000 66.7% 0.2%
    MORTGAGE ACCESS CORP. $325,000 n/a 0.2%
    Academy Bank $310,000 n/a 0.2%
    PLANET HOME LENDING, LLC $310,000 n/a 0.2%
    Citizens Commerce Bank $120,000 $300,000 150.0% 0.2%
    First Option Mortgage, LLC $155,000 $300,000 93.5% 0.2%
    Bank of Lexington, Inc. $280,000 n/a 0.2%
    KELLER MORTGAGE, LLC $275,000 n/a 0.2%
    Watermark Capital, Inc. $275,000 n/a 0.2%
    Century Mortgage Company DBA Century Lending Company $890,000 $270,000 -69.7% 0.2%
    INTERLINC MORTGAGE SERVICES, LLC $905,000 $255,000 -71.8% 0.1%
    L & N Federal Credit Union $430,000 $255,000 -40.7% 0.1%
    PROVIDENT FUNDING ASSOCIATES, L.P. $495,000 $250,000 -49.5% 0.1%
    AMERICAN FINANCIAL RESOURCES, INC. $240,000 n/a 0.1%
    MEMBERS HERITAGE Credit Union $490,000 $235,000 -52.0% 0.1%
    21ST MORTGAGE CORPORATION $460,000 $230,000 -50.0% 0.1%
    ADVANCIAL $225,000 n/a 0.1%
    Ally Bank $225,000 n/a 0.1%
    PULTE MORTGAGE LLC $225,000 n/a 0.1%
    CALIBER HOME LOANS, INC. $1,380,000 $220,000 -84.1% 0.1%
    HAMILTON HOME LOANS, INC. $615,000 $220,000 -64.2% 0.1%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $1,230,000 $205,000 -83.3% 0.1%
    The Cecilian Bank $205,000 n/a 0.1%
    Nations Lending Corporation $200,000 n/a 0.1%
    ACADEMY MORTGAGE CORPORATION $195,000 n/a 0.1%
    GUARANTEED RATE AFFINITY, LLC $195,000 n/a 0.1%
    HANCOCK MORTGAGE PARTNERS, LLC $175,000 $185,000 5.7% 0.1%
    North American Savings Bank, F.S.B. $185,000 n/a 0.1%
    ZILLOW HOME LOANS, LLC $185,000 n/a 0.1%
    Assurance Financial Group, L.L.C. $175,000 n/a 0.1%
    United Cumberland Bank $165,000 n/a 0.1%
    SPRING EQ, LLC $45,000 $160,000 255.6% 0.1%
    NEW DAY FINANCIAL, LLC $1,245,000 $155,000 -87.6% 0.1%
    Paramount Residential Mortgage Group, Inc. $155,000 $155,000 0.0% 0.1%
    First Savings Bank $165,000 $145,000 -12.1% 0.1%
    Forcht Bank $300,000 $145,000 -51.7% 0.1%
    Magnolia Bank $440,000 $145,000 -67.0% 0.1%
    PENTAGON FEDERAL CREDIT UNION $310,000 $145,000 -53.2% 0.1%
    SUCCESS MORTGAGE PARTNERS, INC. $140,000 n/a 0.1%
    ENDEAVOR CAPITAL, LLC. $135,000 n/a 0.1%
    HOMESTAR FINANCIAL CORPORATION $135,000 n/a 0.1%
    M&T Bank $135,000 n/a 0.1%
    BAY EQUITY LLC $260,000 $125,000 -51.9% 0.1%
    Edmonton State Bank $125,000 n/a 0.1%
    DAS Acquisition Company, LLC $700,000 $105,000 -85.0% 0.1%
    SUN WEST MORTGAGE COMPANY, INC. $105,000 n/a 0.1%
    WesBanco Bank, Inc. $355,000 $105,000 -70.4% 0.1%
    NOVA FINANCIAL & INVESTMENT CORPORATION $95,000 n/a 0.1%
    The Huntington National Bank $1,485,000 $75,000 -94.9% 0.0%
    CSL Financial, LLC $175,000 $65,000 -62.9% 0.0%
    Transportation Federal Credit Union $55,000 n/a 0.0%
    UNION HOME MORTGAGE CORP. $105,000 $55,000 -47.6% 0.0%
    Flagstar Bank, FSB $1,055,000 $45,000 -95.7% 0.0%
    REVERSE MORTGAGE FUNDING LLC $45,000 n/a 0.0%
    First Financial Bank $720,000 $35,000 -95.1% 0.0%
    Truist $1,125,000 $25,000 -97.8% 0.0%

    Danville's top lender by overall market share is GENEVA FINANCIAL, LLC, with 6.2% market share. In second place, with 5.4%, is Whitaker Bank, having originated $9,480,000 in loans. In third place, with 5.2%, is First Southern National Bank, having originated $9,185,000 in loans. In fourth place, with 4.7%, is QUICKEN LOANS, LLC, having originated $8,355,000 in loans. In fifth place, with 4.5%, is Republic State Mortgage Co., having originated $7,905,000 in loans.

    Danville Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Danville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $165,000 (24.2%) $239,920 (25.3%) 0.00 202
    2018-02-01 $167,450 (28.9%) $242,047 (25.1%) 0.00 205
    2018-03-01 $166,750 (28.3%) $234,894 (21.0%) 0.00 210
    2018-04-01 $185,800 (38.1%) $241,559 (22.1%) 0.00 208
    2018-05-01 $189,950 (19.2%) $246,182 (16.3%) 0.00 230
    2018-06-01 $184,500 (15.4%) $237,007 (9.2%) 0.00 244
    2018-07-01 $179,900 (12.5%) $238,793 (3.0%) 0.00 244
    2018-08-01 $179,450 (12.2%) $246,224 (8.6%) 0.00 229
    2018-09-01 $174,450 (10.1%) $241,817 (6.8%) 0.00 226
    2018-10-01 $166,325 (0.2%) $230,661 (-3.7%) 0.00 231
    2018-11-01 $172,200 (1.8%) $228,824 (-8.0%) 0.00 226
    2018-12-01 $159,900 (-3.1%) $224,662 (-8.2%) 0.00 218
    2019-01-01 $159,900 (-3.1%) $215,364 (-10.2%) 0.00 204
    2019-02-01 $159,800 (-4.6%) $216,769 (-10.4%) 0.00 211
    2019-03-01 $164,071 (-1.6%) $224,003 (-4.6%) 0.00 216
    2019-04-01 $171,175 (-7.9%) $236,195 (-2.2%) 0.00 216
    2019-05-01 $179,900 (-5.3%) $245,555 (-0.3%) 0.00 207
    2019-06-01 $185,000 (0.3%) $241,306 (1.8%) 0.00 212
    2019-07-01 $185,700 (3.2%) $242,329 (1.5%) 0.00 214
    2019-08-01 $177,041 (-1.3%) $243,501 (-1.1%) 0.00 215
    2019-09-01 $173,052 (-0.8%) $243,304 (0.6%) 0.00 209
    2019-10-01 $172,118 (3.5%) $243,192 (5.4%) 0.00 204
    2019-11-01 $169,000 (-1.9%) $240,226 (5.0%) 0.00 188
    2019-12-01 $167,175 (4.6%) $238,391 (6.1%) 0.00 174
    2020-01-01 $159,600 (-0.2%) $228,036 (5.9%) 0.00 165
    2020-02-01 $175,200 (9.6%) $245,615 (13.3%) 0.00 162
    2020-03-01 $191,000 (16.4%) $261,585 (16.8%) 0.00 153
    2020-04-01 $199,500 (16.6%) $263,841 (11.7%) 0.00 138
    2020-05-01 $196,750 (9.4%) $254,559 (3.7%) 0.00 140
    2020-06-01 $194,000 (4.9%) $254,090 (5.3%) 0.00 125
    2020-07-01 $189,750 (2.2%) $257,460 (6.2%) 0.00 123
    2020-08-01 $182,400 (3.0%) $265,253 (8.9%) 0.00 118
    2020-09-01 $174,950 (1.1%) $258,776 (6.4%) 0.00 135
    2020-10-01 $174,900 (1.6%) $253,924 (4.4%) 0.00 139
    2020-11-01 $179,200 (6.0%) $258,146 (7.5%) 0.00 129
    2020-12-01 $173,375 (3.7%) $250,857 (5.2%) 0.00 115
    2021-01-01 $179,900 (12.7%) $253,988 (11.4%) 0.00 100
    2021-02-01 $199,000 (13.6%) $276,516 (12.6%) 0.00 87
    2021-03-01 $237,075 (24.1%) $300,125 (14.7%) 0.00 80
    2021-04-01 $237,250 (18.9%) $293,114 (11.1%) 0.00 80
    2021-05-01 $262,250 (33.3%) $264,937 (4.1%) 0.00 81
    2021-06-01 $238,675 (23.0%) $273,442 (7.6%) 0.00 82
    2021-07-01 $249,000 (31.2%) $296,060 (15.0%) 0.00 106
    2021-08-01 $244,125 (33.8%) $281,215 (6.0%) 0.00 119
    2021-09-01 $228,475 (30.6%) $294,333 (13.7%) 0.00 128
    2021-10-01 $215,000 (22.9%) $277,411 (9.3%) 0.00 123
    2021-11-01 $199,900 (11.6%) $262,289 (1.6%) 0.00 116
    2021-12-01 $207,250 (19.5%) $277,629 (10.7%) 0.00 100
    2022-01-01 $199,000 (10.6%) $274,458 (8.1%) 0.00 88
    2022-02-01 $199,725 (0.4%) $290,712 (5.1%) 0.00 73
    2022-03-01 $227,400 (-4.1%) $324,369 (8.1%) 0.00 74
    2022-04-01 $229,500 (-3.3%) $324,253 (10.6%) 0.00 76
    2022-05-01 $251,175 (-4.2%) $327,560 (23.6%) 0.00 86
    2022-06-01 $251,200 (5.3%) $335,415 (22.7%) 0.00 117
    2022-07-01 $238,500 (-4.2%) $319,396 (7.9%) 0.00 128
    2022-08-01 $245,575 (0.6%) $323,985 (15.2%) 0.00 135
    2022-09-01 $257,875 (12.9%) $323,392 (9.9%) 0.00 138
    2022-10-01 $272,450 (26.7%) $328,492 (18.4%) 0.00 131
    2022-11-01 $264,900 (32.5%) $317,525 (21.1%) 0.00 129
    2022-12-01 $259,000 (25.0%) $319,446 (15.1%) 0.00 115
    2023-01-01 $247,425 (24.3%) $312,019 (13.7%) 0.00 108
    2023-02-01 $239,950 (20.1%) $303,402 (4.4%) 0.00 104
    Danville's median listing price for 2023-02-01 was $239,950, a difference of $40,225 (20.1%) versus the prior year and $-7,475 versus the prior month.

    Danville's median listing price comes in at 0% of the national average.

    Danville's average listing price for 2023-02-01 was $303,402, a difference of $12,690 (4.4%) versus the prior year and $-8,617 versus the prior month.

    For the 2023-02-01 period, Danville had 104 MLS listings, a difference of -4 listings (-4%) versus the prior month and 31 listings (42%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Danville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,928 sqft
    2018-02-01 0 days 1,904 sqft
    2018-03-01 0 days 1,907 sqft
    2018-04-01 0 days 2,048 sqft
    2018-05-01 0 days 2,147 sqft
    2018-06-01 0 days 2,000 sqft
    2018-07-01 0 days 1,975 sqft
    2018-08-01 0 days 1,926 sqft
    2018-09-01 0 days 1,915 sqft
    2018-10-01 0 days 1,864 sqft
    2018-11-01 0 days 1,914 sqft
    2018-12-01 0 days 1,890 sqft
    2019-01-01 0 days 1,816 sqft
    2019-02-01 0 days 1,835 sqft
    2019-03-01 0 days 1,837 sqft
    2019-04-01 0 days 1,848 sqft
    2019-05-01 0 days 1,873 sqft
    2019-06-01 0 days 1,900 sqft
    2019-07-01 0 days 1,921 sqft
    2019-08-01 0 days 1,962 sqft
    2019-09-01 0 days 1,904 sqft
    2019-10-01 0 days 1,853 sqft
    2019-11-01 0 days 1,788 sqft
    2019-12-01 0 days 1,723 sqft
    2020-01-01 0 days 1,730 sqft
    2020-02-01 0 days 1,834 sqft
    2020-03-01 0 days 1,908 sqft
    2020-04-01 0 days 1,912 sqft
    2020-05-01 0 days 1,900 sqft
    2020-06-01 0 days 1,881 sqft
    2020-07-01 0 days 1,869 sqft
    2020-08-01 0 days 1,829 sqft
    2020-09-01 0 days 1,697 sqft
    2020-10-01 0 days 1,700 sqft
    2020-11-01 0 days 1,742 sqft
    2020-12-01 0 days 1,700 sqft
    2021-01-01 0 days 1,700 sqft
    2021-02-01 0 days 1,796 sqft
    2021-03-01 0 days 1,875 sqft
    2021-04-01 0 days 1,935 sqft
    2021-05-01 0 days 1,871 sqft
    2021-06-01 0 days 1,845 sqft
    2021-07-01 0 days 1,892 sqft
    2021-08-01 0 days 1,839 sqft
    2021-09-01 0 days 1,809 sqft
    2021-10-01 0 days 1,756 sqft
    2021-11-01 0 days 1,639 sqft
    2021-12-01 0 days 1,647 sqft
    2022-01-01 0 days 1,597 sqft
    2022-02-01 0 days 1,642 sqft
    2022-03-01 0 days 1,634 sqft
    2022-04-01 0 days 1,700 sqft
    2022-05-01 0 days 1,808 sqft
    2022-06-01 0 days 1,773 sqft
    2022-07-01 0 days 1,800 sqft
    2022-08-01 0 days 1,700 sqft
    2022-09-01 0 days 1,760 sqft
    2022-10-01 0 days 1,719 sqft
    2022-11-01 0 days 1,735 sqft
    2022-12-01 0 days 1,730 sqft
    2023-01-01 0 days 1,665 sqft
    2023-02-01 0 days 1,670 sqft
    Danville's median listing age (time on market) for 2023-02-01 was 0 days.

    Danville's median square footage for active listings during the 2023-02-01 period was 1,670 sqft. One year prior, the average listing was 1,642 sqft.

    Danville, KY Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 602 $119,590,000 $198,654
    Cash Out Refi 156 $23,660,000 $151,667
    Refi 143 $22,305,000 $155,979
    Home Improvement 95 $6,305,000 $66,368
    Other 76 $4,690,000 $61,711

    Danville's most frequently cited loan purpose was Home Purchase, with 602 originations. The 2nd most popular reason was Cash Out Refi, with 156 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    4-5% 286 $49,760,000 $173,986
    5-6% 272 $44,860,000 $164,926
    3-4% 222 $40,900,000 $184,234
    6-7% 113 $16,835,000 $148,982
    2.5-3% 46 $6,540,000 $142,174
    7-8% 38 $5,100,000 $134,211
    Over 8% 34 $2,720,000 $80,000
    <2.5% 22 $2,700,000 $122,727

    During 2022, Danville's most frequently originated rate bucket was 4-5%, with 286 originations.

    Loan Sizing (Danville, KY MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 494 $72,360,000 $146,478
    $100,000 or less 309 $17,775,000 $57,524
    $200k-400k 227 $59,425,000 $261,784
    $400k-600k 30 $14,580,000 $486,000
    $600k-1000k 6 $4,620,000 $770,000
    $Over $1MM 6 $7,790,000 $1,298,333

    Danville's loan sizing saw the bucket of loans from $100k-200k with 494 originations, totaling $72,360,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 433 $86,775,000 $200,404
    60-80% 245 $44,985,000 $183,612
    40-60% 127 $17,345,000 $136,575
    20-40% 111 $9,705,000 $87,432
    Under 20% 91 $5,025,000 $55,220
    Over 100% 22 $5,310,000 $241,364

    Danville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 433 originations, totaling $86,775,000 in origination value.