The housing market in Danville, PA is thriving, with the median house value currently at $231,500. This is significantly lower than the national median house value of $338,100. Additionally, the 1 year appreciation rate for houses in Danville was 10.35%, which was much higher than the US average of 8.27%. This suggests that Danville is a desirable market for potential homeowners who are looking for an affordable and appreciating market.
The median home cost in Danville is $231,500. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Danville is up 14.3%.
Average Age of Homes
- The median age of Danville real estate is 70 years old
The Rental Market in Danville
- Renters make up 44.5% of the Danville population
- 2.6% 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.