ZIP Code Market Report
40422 โ Danville, KY
Data through February 2026 ยท Updated monthly
Avg Home Value
$244,733
โฒ 2.1% year-over-year
Month-over-Month
-0.6%
โผ 0.6%
Single Family
$242,548
Condo / Co-op
--
The average home value in the 40422 ZIP code (Danville, Kentucky) is $244,733 as of February 2026. Home prices are rising, up 2.1% compared to last year.
A 3-bedroom home in 40422 is valued at $241,129.
The market in 40422 has a $217,046 spread between bottom-tier homes at $163,197 and top-tier homes at $380,244. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 40422 ZIP code will increase 1.0% over the next 12 months, bringing the projected average to approximately $247,180. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Boyle County market area in Kentucky. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Boyle County report.
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Market Snapshot
40422 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $247,398 | $246,203 | $244,733 | โผ 1.1% |
| Single Family Value | $241,494 | $241,906 | $242,548 | โฒ 0.4% |
Home Values
40422 Home Value Trend
Historical home values for ZIP code 40422. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI ยท Updated monthly
By Bedroom
What Homes Cost in 40422
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 2 Bedrooms | $162,610 |
| 3 Bedrooms | $241,129 |
| 4 Bedrooms | $340,145 |
Property Types
Home Values by Property Type in 40422
How different property types compare in this ZIP code.
All Homes
$244,733
Single Family
$242,548
Bottom Tier
$163,197
Top Tier
$380,244
Forecast
12-Month Home Value Forecast for 40422
Zillow projects home values in 40422 will increase 1.0% over the next year, reaching approximately $247,180.
Current Value
$244,733
Projected Change
+1.0%
โฒ 1.0%
Projected Value
$247,180
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 40422 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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