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Danville, KY Real Estate


According to census data in the year 2000 there were 6,734 housing units in Danville. This represents a 29.3% growth from 5,210 in 1990.

Of those housing units, 6,529 were located in either urbanized areas or urban clusters, and 205 were located in what is classified as a rural area.

Homeownership rate in Danville is about 61.5%. Danville's vacancy rate, including seasonal lodging, is about 7.1%. Average household size is 2.25 people.

The majority of houses, apartments or condos in Danville were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom9.20%
Two Bedrooms32.40%
Three Bedrooms39.70%
Four Bedrooms15.30%
Five Bedrooms or more2.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.38
Median year structure was built1969
Median Value of occupied units$91,700
Median Price asked for vacant units$66,200

Rented Homes, Apartments and Condos

Average Household Size2.03
Median year structure was built1972
Median Monthly Rent asked for vacant units$350

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.20%
Home Equity Loan8.10%
Simple Mortgage43.40%
Debt Free42.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.7%