The city of Danville, AR has a median housing value of $95,800, which is significantly lower than the national median value of $338,100. However, houses in Danville have seen an impressive appreciation rate of 15.07%, which is higher than the national 1-year house appreciation rate of 8.27%. This shows that Danville is a great place to invest in real estate and with its relatively low housing median values it can be a great bargain for prospective homeowners as well.
The median home cost in Danville is $95,800. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Danville is up 17.9%.
Average Age of Homes
- The median age of Danville real estate is 38 years old
The Rental Market in Danville
- Renters make up 36.2% of the Danville population
- 0.9% 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.