The housing in Danville, IA is quite a bargain compared to the US average. The median house value in Danville is $196,700, which pales in comparison to the US median house value of $338,100. Additionally, the appreciation rate of houses over the past year has been 11.61%, which is higher than the national average of 8.27%. This makes Danville an attractive place for people looking to buy a home and make investments that will yield good returns.
The median home cost in Danville is $196,700. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Danville is up 15.1%.
Average Age of Homes
- The median age of Danville real estate is 54 years old
The Rental Market in Danville
- Renters make up 19.1% of the Danville population
- 2.2% of houses and apartments in Danville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.