Danville, IL, Real Estate
Danville, Illinois, is a vibrant city in Vermilion County, known for its rich history and community spirit. Located in the eastern part of the state, it serves as a hub for the surrounding agricultural region, with a population of around 30,000. The city boasts a mix of historic architecture, like the Fischer Theatre, and natural attractions, including the scenic Vermilion River and nearby Kickapoo State Park. Danville has a strong industrial past, once home to major manufacturing, and today it continues to grow with local businesses, cultural events, and a welcoming atmosphere, making it a quintessential Midwestern community.
Danville currently has 21 single family homes for sale with an average list price of $109,561.91 and 4 lots for sale with an average list price of $196,875. The average annual property tax for Danville is $2,156.22.
Browse Danville
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Danville, i.e. what's hot and what's not.
See What's Hot & What's Not in Danville
Market Trends
Danville home sales for the month of August decreased in volume by 60% when compared to last year, while the median sale price decreased by 44.4% from $42,000 to $23,350.50. House sales decreased by 60%, while the median sale price decreased by 44.4% from $42,000 to $23,350.50.
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65
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55
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47
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71
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| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
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$63,000
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$79,900
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$71,000
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$69,500
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| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
Median Sale Price for Danville
Number of Sales for Danville
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