Mortgage payment estimates, closing cost breakdowns, and homebuying data for Danville, Kentucky.
Pre-filled with Danville median home price and Kentucky tax/insurance rates. Adjust for your property.
Estimated closing costs based on Kentucky rates and fees applied to Danville prices.
The median home price in Danville is $195,000, 7% below the Kentucky state median of $210,000. With a population of 17,118, Danville is a smaller market where home prices tend to be more accessible than in many parts of Kentucky.
Property taxes in Kentucky average 0.83% annually. This moderate property tax rate means a $195,000 home in Danville would carry roughly $135/month in property taxes. Homeowners insurance in Kentucky runs approximately $2,400 per year. This is within the normal range nationally.
Average rent in Danville is $880/month. The price-to-rent ratio in Danville is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Danville offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Kentucky's KHC Regular DAP program.