Danville City County, VA Housing

The housing market in Danville city, VA County is relatively affordable compared to the national average. The median home value of $99,900 is much lower than the US house median value of $338,100. Additionally, while the US house appreciation rate was 8.27% over the past year, Danville's rate was only 3.59%, suggesting that the local housing market is not seeing as much growth as other areas in the country. Despite this slower appreciation rate, it remains a desirable area for potential buyers looking for an affordable option.

The median home cost in Danville City County is $99,900. Home appreciation the last 10 years has been 60.7%. Home Appreciation in Danville City County is up 17.9%.

Average Age of Homes

- The median age of Danville City County real estate is 55 years old

The Rental Market in Danville City County

- Renters make up 37.9% of the Danville City County population
- 3.8% of houses and apartments in Danville City County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Danville City, Virginia	United States
	22,264.0	139,647,020.0
	60	42
	$99,900	$338,100
	17.9%	16.6%
	51.2%	57.0%
	60.7%	101.1%
	$7.51	$10.98
	$689	$2,690
	42.6%	57.4%
	16.5%	11.2%
	40.9%	31.4%
Vacant Housing
	3.8%	1.9%
	0.3%	0.4%
	1.0%	0.7%
	0.3%	0.4%
	0.9%	3.6%
	10.3%	4.1%
Value of Owner-Occupied Housing
	6.7%	2.6%
	8.0%	2.4%
	10.3%	2.8%
	15.8%	3.9%
	14.3%	4.5%
	18.8%	11.3%
	10.8%	13.0%
	7.7%	20.1%
	2.4%	13.6%
	1.6%	8.3%
	2.7%	9.7%
	0.7%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	2.4%	13.6%
	2.4%	13.6%
	7.2%	13.6%
	6.6%	13.2%
	18.0%	14.8%
	7.2%	13.6%
	19.5%	10.0%
	11.7%	4.7%
	17.0%	12.2%

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