Danville Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Danville averaged 6.81% for the week of 2024-06-06, compared to the national average of 6.99% for the same period.

The average rate for the prior week (2024-05-30) was 6.85% and one month ago for the week of 2024-05-02, the average rate was 7.14%.

Danville's average rate one year ago was 6.81%.

For refis of the same type during the week of 2024-06-06, the average rate was 7.19%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-06-06 6.99%
Danville 30 Year Fixed Rate 2024-06-06 6.81%
Danville 30 Year Fixed Rate Refi 2024-06-06 7.19%
Danville 15 Year Fixed Rate 2024-06-06 6.29%
Danville 15 Year Fixed Rate Refi 2024-06-06 6.79%
Danville 30 Year FHA 2024-06-06 6.61%
Danville 30 Year FHA Refi 2024-06-06 6.69%
Danville 30 Year USDA 2024-06-06 6.9%
Danville 30 Year USDA Refi 2024-06-06 6.5%
Danville 30 Year VA 2024-06-06 6.19%
Danville 30 Year VA Refi 2024-06-06 6.39%
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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
GENEVA FINANCIAL, LLC 24 6.47% $4,700
Whitaker Bank 21 6.01% $2,311
HOMESIDE FINANCIAL, LLC 18 6.51% $7,181
Abound Federal Credit Union 17 6.07% $2,449
QUICKEN LOANS, LLC 16 6.89% $6,311
JPMorgan Chase Bank 12 6.90% $3,541
MORTGAGE INVESTORS GROUP, INC. 10 5.60% $4,819
STOCKTON MORTGAGE CORPORATION 10 6.91% $5,902
PNC Bank 6 6.67% $3,127
Community Trust Bank, Inc. 5 5.48% $2,165
BROKER SOLUTIONS, INC. 5 6.87% $6,383
Republic State Mortgage Co. 5 6.80% $4,892
UNITED WHOLESALE MORTGAGE, LLC 4 6.87% $5,897
Bank of England 4 6.88% $7,023
Northpointe Bank 4 6.84% $5,234
CHURCHILL MORTGAGE CORPORATION 4 6.22% $4,627
ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 6.47% $5,915
GUARANTEED RATE, INC. 3 6.77% $4,290
U.S. Bank 3 6.75% $3,569
VANDERBILT MORTGAGE AND FINANCE, INC. 3 7.83% $6,721
UNION HOME MORTGAGE CORP. 3 6.96% $4,575
Renasant Bank 3 7.25% $3,001
Guardian Savings Bank, A Federal Savings Bank 3 6.17% $1,105
Wells Fargo Bank 3 6.71% $5,035
Fifth Third Bank 3 6.77% $3,146
NAVY FEDERAL CREDIT UNION 3 7.00% $3,288
GoPrime Mortgage, Inc. 2 7.38% $5,569
Central Kentucky Agricultural Credit Association 2 7.73% $3,274
EVERETT FINANCIAL, INC. 2 6.75% $3,667
Farm Credit Mid-America, ACA 2 7.63% $3,665
First Financial Bank 2 6.31% $3,578
PENNYMAC LOAN SERVICES, LLC 2 7.25% $6,407
PROVIDENT FUNDING ASSOCIATES, L.P. 2 5.94% $3,747
RUOFF MORTGAGE COMPANY, INC. 2 6.63% $3,648
The Citizens National Bank of Somerset 2 7.76% $2,427
THRIVE MORTGAGE, LLC 2 6.63% $4,733
Magnolia Bank 1 6.88% $3,605
Merchants Bank of Indiana 1 7.00% $2,884
Morgan Stanley Private Bank 1 6.60% $2,377
First Savings Bank 1 6.63% $3,113
Mortgage Research Center, LLC 1 6.88% $1,156
MOVEMENT MORTGAGE, LLC 1 6.50% $4,018
Mr. Cooper ( Nationstar Mortgage ) 1 7.63% $6,307
M&T Bank 1 6.50% $3,990
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.75% $5,288
First National Bank of America 1 11.75% $6,678
First Horizon Bank 1 6.88% $5,829
Carrington Mortgage Services, LLC 1 6.88% $5,462
PENTAGON FEDERAL CREDIT UNION 1 6.63% $3,192
Peoples Exchange Bank 1 6.13% $2,414
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.99% $5,317
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.38% $4,147
Beeline Loans, Inc. 1 6.50% $4,142
EVANSVILLE TEACHERS 1 6.75% $3,728
Connexus Credit Union 1 6.99% $2,326
Republic Bank & Trust Company 1 7.50% $3,221
COMMONWEALTH 1 6.50% $3,068
ROYAL UNITED MORTGAGE LLC 1 8.13% $7,889
Waterstone Mortgage Corporation 1 7.99% $6,638
SeaTrust Mortgage Company 1 6.13% $6,468
SOUTHWEST STAGE FUNDING, LLC 1 8.24% $5,720
CMG MORTGAGE, INC. 1 4.75% $16,262
SUN WEST MORTGAGE COMPANY, INC. 1 6.88% $5,124
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 6.88% $5,083
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.50% $11,558
Traditional Bank, Inc. 1 7.13% $2,454
Truist 1 6.75% $4,189
CITIZENS EQUITY FIRST 1 5.63% $4,759
Union Savings Bank 1 6.50% $6,237
Century Mortgage Company DBA Century Lending Company 1 7.88% $9,038
Forcht Bank 1 6.75% $1,951
INTERLINC MORTGAGE SERVICES, LLC 1 6.99% $975
Flagstar Bank, FSB 1 7.38% $2,570
L & N Federal Credit Union 1 6.75% $2,251
LOANDEPOT.COM, LLC 1 7.38% $3,769

Danville Average Closing Costs & Other Stats

Danville, KY's 75 lenders originated 858 loans during 2023. The total origination value was $137,470,000, with an average loan value of $160,221.

Danville's average closing costs are $4,451.

The top Danville lender as defined by loan originations is GENEVA FINANCIAL, LLC, with 24 loans originated. Their average total fees are $4,700, which is $2,388 higher than the next largest lender, Whitaker Bank.

The lowest fee Danville lenders (with over 10 loans originated) are Whitaker Bank ($2,311), Abound Federal Credit Union ($2,449), JPMorgan Chase Bank ($3,541), GENEVA FINANCIAL, LLC ($4,700) and MORTGAGE INVESTORS GROUP, INC. ($4,819).

The lowest rate Danville lenders (with over 10 loans originated) are MORTGAGE INVESTORS GROUP, INC. (5.60%), Whitaker Bank (6.01%), Abound Federal Credit Union (6.07%), GENEVA FINANCIAL, LLC (6.47%) and HOMESIDE FINANCIAL, LLC (6.51%).

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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
GENEVA FINANCIAL, LLC $10,955,000 $10,760,000 -1.8% 7.8%
QUICKEN LOANS, LLC $8,355,000 $8,140,000 -2.6% 5.9%
Whitaker Bank $9,480,000 $7,325,000 -22.7% 5.3%
Abound Federal Credit Union $7,310,000 $7,190,000 -1.6% 5.2%
HOMESIDE FINANCIAL, LLC $4,040,000 $7,075,000 75.1% 5.1%
First Southern National Bank $9,185,000 $6,775,000 -26.2% 4.9%
Republic State Mortgage Co. $7,905,000 $5,010,000 -36.6% 3.6%
STOCKTON MORTGAGE CORPORATION $5,600,000 $4,560,000 -18.6% 3.3%
Mortgage Research Center, LLC $3,745,000 $4,230,000 13.0% 3.1%
PNC Bank $3,040,000 $3,075,000 1.2% 2.2%
21ST MORTGAGE CORPORATION $230,000 $2,925,000 1,171.7% 2.1%
Community Trust Bank, Inc. $5,250,000 $2,790,000 -46.9% 2.0%
UNITED WHOLESALE MORTGAGE, LLC $4,250,000 $2,460,000 -42.1% 1.8%
Bank of England $1,995,000 $2,425,000 21.6% 1.8%
JPMorgan Chase Bank $4,830,000 $2,410,000 -50.1% 1.8%
MORTGAGE INVESTORS GROUP, INC. $1,245,000 $2,160,000 73.5% 1.6%
GoPrime Mortgage, Inc. $1,680,000 $2,120,000 26.2% 1.5%
Northpointe Bank $610,000 $1,995,000 227.0% 1.5%
BROKER SOLUTIONS, INC. $1,195,000 $1,870,000 56.5% 1.4%
Fifth Third Bank $3,720,000 $1,835,000 -50.7% 1.3%
UNIVERSITY OF KENTUCKY $1,655,000 $1,765,000 6.6% 1.3%
LIMA ONE CAPITAL, LLC $1,730,000 n/a 1.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $2,715,000 $1,715,000 -36.8% 1.2%
U.S. Bank $2,470,000 $1,655,000 -33.0% 1.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $2,050,000 $1,635,000 -20.2% 1.2%
COMMONWEALTH $2,065,000 $1,495,000 -27.6% 1.1%
INTERLINC MORTGAGE SERVICES, LLC $255,000 $1,375,000 439.2% 1.0%
UNION HOME MORTGAGE CORP. $55,000 $1,315,000 2,290.9% 1.0%
Bank of the Bluegrass & Trust Co. $1,145,000 n/a 0.8%
The Monticello Banking Company $945,000 $1,130,000 19.6% 0.8%
USAA Federal Savings Bank $2,490,000 $965,000 -61.2% 0.7%
Renasant Bank $925,000 n/a 0.7%
Century Mortgage Company DBA Century Lending Company $270,000 $920,000 240.7% 0.7%
Guardian Savings Bank, A Federal Savings Bank $825,000 $905,000 9.7% 0.7%
CMG MORTGAGE, INC. $615,000 $840,000 36.6% 0.6%
RUOFF MORTGAGE COMPANY, INC. $615,000 $815,000 32.5% 0.6%
First Financial Bank $35,000 $800,000 2,185.7% 0.6%
Bank of Lexington, Inc. $280,000 $775,000 176.8% 0.6%
Traditional Bank, Inc. $2,005,000 $765,000 -61.8% 0.6%
Citizens Commerce Bank $300,000 $755,000 151.7% 0.5%
NAVY FEDERAL CREDIT UNION $1,790,000 $730,000 -59.2% 0.5%
Union Savings Bank $730,000 n/a 0.5%
Wells Fargo Bank $705,000 $695,000 -1.4% 0.5%
FREEDOM MORTGAGE CORPORATION $665,000 $660,000 -0.8% 0.5%
CHURCHILL MORTGAGE CORPORATION $1,600,000 $625,000 -60.9% 0.5%
EVERETT FINANCIAL, INC. $1,340,000 $610,000 -54.5% 0.4%
NEWREZ LLC $585,000 $610,000 4.3% 0.4%
CITIZENS EQUITY FIRST $585,000 n/a 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $655,000 $580,000 -11.5% 0.4%
LAKEVIEW LOAN SERVICING, LLC $940,000 $570,000 -39.4% 0.4%
Central Kentucky Agricultural Credit Association $615,000 $560,000 -8.9% 0.4%
MOVEMENT MORTGAGE, LLC $535,000 $540,000 0.9% 0.4%
Peoples Exchange Bank $1,495,000 $530,000 -64.5% 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $6,705,000 $510,000 -92.4% 0.4%
AMERICAN PACIFIC MORTGAGE CORPORATION $485,000 n/a 0.4%
LENDINGHOME FUNDING CORPORATION $475,000 n/a 0.3%
Truist $25,000 $465,000 1,760.0% 0.3%
GUARANTEED RATE, INC. $1,030,000 $455,000 -55.8% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $940,000 $445,000 -52.7% 0.3%
PENNYMAC LOAN SERVICES, LLC $1,530,000 $440,000 -71.2% 0.3%
PROVIDENT FUNDING ASSOCIATES, L.P. $250,000 $440,000 76.0% 0.3%
EVANSVILLE TEACHERS $325,000 $425,000 30.8% 0.3%
LOANDEPOT.COM, LLC $1,700,000 $415,000 -75.6% 0.3%
Nations Lending Corporation $200,000 $410,000 105.0% 0.3%
The Citizens National Bank of Somerset $1,565,000 $385,000 -75.4% 0.3%
Farm Credit Mid-America, ACA $2,360,000 $365,000 -84.5% 0.3%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $360,000 n/a 0.3%
The Federal Savings Bank $355,000 n/a 0.3%
Magnolia Bank $145,000 $350,000 141.4% 0.3%
Service Federal Credit Union $345,000 n/a 0.3%
THRIVE MORTGAGE, LLC $340,000 n/a 0.2%
Carrington Mortgage Services, LLC $1,010,000 $335,000 -66.8% 0.2%
PHH Mortgage Corporation $330,000 n/a 0.2%
ROYAL UNITED MORTGAGE LLC $330,000 n/a 0.2%
Prosperity Home Mortgage, LLC $460,000 $325,000 -29.3% 0.2%
PARK COMMUNITY CREDIT UNION, INC. $2,910,000 $315,000 -89.2% 0.2%
BETTER MORTGAGE CORPORATION $305,000 n/a 0.2%
Citizens Bank $510,000 $305,000 -40.2% 0.2%
AMERISAVE MORTGAGE CORPORATION $1,610,000 $290,000 -82.0% 0.2%
NEW DAY FINANCIAL, LLC $155,000 $285,000 83.9% 0.2%
FIRST COMMUNITY MORTGAGE, INC. $270,000 n/a 0.2%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $205,000 $265,000 29.3% 0.2%
First Volunteer Bank $245,000 n/a 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $245,000 n/a 0.2%
PREMIA MORTGAGE, LLC $245,000 n/a 0.2%
MID AMERICA MORTGAGE, INC. $730,000 $235,000 -67.8% 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $240,000 $215,000 -10.4% 0.2%
ENDEAVOR CAPITAL, LLC. $135,000 $215,000 59.3% 0.2%
GUARANTY HOME MORTGAGE CORPORATION $435,000 $215,000 -50.6% 0.2%
The Huntington National Bank $75,000 $210,000 180.0% 0.2%
Coastal Community Bank $205,000 n/a 0.1%
Morgan Stanley Private Bank $205,000 n/a 0.1%
The Cecilian Bank $205,000 $205,000 0.0% 0.1%
Waterstone Mortgage Corporation $205,000 n/a 0.1%
SWBC MORTGAGE CORPORATION $200,000 n/a 0.1%
Republic Bank & Trust Company $610,000 $195,000 -68.0% 0.1%
SOUTH CENTRAL BANK, INC. $760,000 $195,000 -74.3% 0.1%
PENTAGON FEDERAL CREDIT UNION $145,000 $190,000 31.0% 0.1%
Stock Yards Bank & Trust Company $560,000 $185,000 -67.0% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $380,000 $170,000 -55.3% 0.1%
L & N Federal Credit Union $255,000 $170,000 -33.3% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $170,000 n/a 0.1%
LIBERTY HOME MORTGAGE CORPORATION $165,000 n/a 0.1%
Merchants Bank of Indiana $165,000 n/a 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $165,000 n/a 0.1%
SeaTrust Mortgage Company $165,000 n/a 0.1%
AXIA FINANCIAL, LLC $155,000 n/a 0.1%
EMERY FEDERAL CREDIT UNION $155,000 n/a 0.1%
LONGBRIDGE FINANCIAL, LLC $145,000 n/a 0.1%
SOUTHWEST STAGE FUNDING, LLC $145,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $105,000 $145,000 38.1% 0.1%
Paramount Residential Mortgage Group, Inc. $155,000 $140,000 -9.7% 0.1%
Flagstar Bank, FSB $45,000 $135,000 200.0% 0.1%
VILLAGE CAPITAL MORTGAGE $135,000 n/a 0.1%
FINANCE OF AMERICA REVERSE LLC $130,000 n/a 0.1%
AMERICAN FINANCIAL NETWORK, INC. $125,000 n/a 0.1%
Beeline Loans, Inc. $125,000 n/a 0.1%
MEMBERS HERITAGE Credit Union $235,000 $120,000 -48.9% 0.1%
AMWEST FUNDING CORP. $105,000 n/a 0.1%
Central Bank $1,850,000 $105,000 -94.3% 0.1%
First Horizon Bank $105,000 n/a 0.1%
First National Bank of America $105,000 n/a 0.1%
NEXERA HOLDING LLC $105,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $595,000 $95,000 -84.0% 0.1%
WesBanco $105,000 $95,000 -9.5% 0.1%
First Savings Bank $145,000 $85,000 -41.4% 0.1%
The Farmers Bank $825,000 $85,000 -89.7% 0.1%
Centier Bank $75,000 n/a 0.1%
Connexus Credit Union $75,000 n/a 0.1%
Signature Federal Credit Union $75,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $75,000 n/a 0.1%
M&T Bank $135,000 $65,000 -51.9% 0.0%
Third Federal Savings and Loan Association of Cleveland $65,000 n/a 0.0%
Bank of America $55,000 n/a 0.0%
Discover Bank $55,000 n/a 0.0%
Forcht Bank $145,000 $55,000 -62.1% 0.0%
Peoples Bank $55,000 n/a 0.0%
Regions Bank $55,000 n/a 0.0%
City National Bank of West Virginia $45,000 n/a 0.0%

Danville's top lender by overall market share is GENEVA FINANCIAL, LLC, with 7.8% market share. In second place, with 5.9%, is QUICKEN LOANS, LLC, having originated $8,140,000 in loans. In third place, with 5.3%, is Whitaker Bank, having originated $7,325,000 in loans. In fourth place, with 5.2%, is Abound Federal Credit Union, having originated $7,190,000 in loans. In fifth place, with 5.1%, is HOMESIDE FINANCIAL, LLC, having originated $7,075,000 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%) $223,283 (-4.9%) 0.00 216
2019-04-01 $172,425 (-7.2%) $236,284 (-2.2%) 0.00 215
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 (17.2%) 0.00 153
2020-04-01 $199,500 (15.7%) $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%) $324,064 (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
2023-03-01 $255,500 (12.4%) $323,842 (-0.2%) 0.00 90
2023-04-01 $274,999 (19.8%) $345,312 (6.5%) 0.00 87
2023-05-01 $289,700 (15.3%) $348,498 (6.4%) 0.00 97
2023-06-01 $290,425 (15.6%) $334,246 (-0.4%) 0.00 98
2023-07-01 $283,000 (18.7%) $323,281 (1.2%) 0.00 101
2023-08-01 $265,225 (8.0%) $308,695 (-4.7%) 0.00 115
2023-09-01 $272,000 (5.5%) $314,971 (-2.6%) 0.00 129
2023-10-01 $269,000 (-1.3%) $331,035 (0.8%) 0.00 128
2023-11-01 $269,975 (1.9%) $332,972 (4.9%) 0.00 132
2023-12-01 $269,000 (3.9%) $332,005 (3.9%) 0.00 147
2024-01-01 $249,250 (0.7%) $309,798 (-0.7%) 0.00 140
2024-02-01 $259,975 (8.4%) $327,185 (7.8%) 0.00 110
2024-03-01 $284,900 (11.5%) $347,509 (7.3%) 0.00 100
2024-04-01 $283,650 (3.2%) $330,054 (-4.4%) 0.00 115
2024-05-01 $284,800 (-1.7%) $356,270 (2.2%) 0.00 136
Danville's median listing price for 2024-05-01 was $284,800, a difference of $-4,900 (-1.7%) versus the prior year and $1,150 versus the prior month.

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

Danville's average listing price for 2024-05-01 was $356,270, a difference of $7,772 (2.2%) versus the prior year and $26,216 versus the prior month.

For the 2024-05-01 period, Danville had 136 MLS listings, a difference of 21 listings (18%) versus the prior month and 39 listings (40%) 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 1,834 sqft
2019-04-01 0 days 1,846 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 1,710 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
2023-03-01 0 days 1,725 sqft
2023-04-01 0 days 1,839 sqft
2023-05-01 0 days 2,005 sqft
2023-06-01 0 days 1,882 sqft
2023-07-01 0 days 1,804 sqft
2023-08-01 0 days 1,687 sqft
2023-09-01 0 days 1,740 sqft
2023-10-01 0 days 1,763 sqft
2023-11-01 0 days 1,774 sqft
2023-12-01 0 days 1,704 sqft
2024-01-01 0 days 1,738 sqft
2024-02-01 0 days 1,729 sqft
2024-03-01 0 days 1,665 sqft
2024-04-01 0 days 1,735 sqft
2024-05-01 0 days 1,889 sqft
Danville's median listing age (time on market) for 2024-05-01 was 0 days.

Danville's median square footage for active listings during the 2024-05-01 period was 1,889 sqft. One year prior, the average listing was 2,005 sqft.

Danville, KY Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 528 $98,850,000 $187,216
Cash Out Refi 102 $15,170,000 $148,725
Refi 85 $13,155,000 $154,765
Home Improvement 75 $4,545,000 $60,600
Other 68 $5,750,000 $84,559

Danville's most frequently cited loan purpose was Home Purchase, with 528 originations. The 2nd most popular reason was Cash Out Refi, with 102 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 351 $64,315,000 $183,234
7-8% 187 $28,285,000 $151,257
Over 8% 158 $15,890,000 $100,570
5-6% 106 $21,900,000 $206,604
3-4% 23 $555,000 $24,130
4-5% 3 $625,000 $208,333
<2.5% 2 $830,000 $415,000

During 2023, Danville's most frequently originated rate bucket was 6-7%, with 351 originations.

Loan Sizing (Danville, KY MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 349 $51,665,000 $148,037
$100,000 or less 278 $15,190,000 $54,640
$200k-400k 199 $52,415,000 $263,392
$400k-600k 25 $11,885,000 $475,400
$600k-1000k 5 $3,505,000 $701,000
$Over $1MM 2 $2,810,000 $1,405,000

Danville's loan sizing saw the bucket of loans from $100k-200k with 349 originations, totaling $51,665,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 373 $73,855,000 $198,003
60-80% 164 $29,930,000 $182,500
20-40% 110 $8,610,000 $78,273
Under 20% 97 $4,055,000 $41,804
40-60% 71 $10,925,000 $153,873
Over 100% 10 $2,540,000 $254,000

Danville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 373 originations, totaling $73,855,000 in origination value.