Danville Metro Area, VA Housing

The Danville, VA Metro Area has an average median housing value of $135,900, significantly lower than the US median house value of $338,100.This past year saw a 8.40% appreciation in the housing market in the Danville Metro area, slightly higher than the US 1 year house appreciation rate of 8.27%. This indicates that housing prices in the Danville Metro area may be on the rise and could be a great time to invest and purchase a home.

The median home cost in Danville Metro Area is $135,900. Home appreciation the last 10 years has been 60.8%. Home Appreciation in Danville Metro Area is up 17.8%.

Average Age of Homes

- The median age of Danville Metro Area real estate is 44 years old

The Rental Market in Danville Metro Area

- Renters make up 26.3% of the Danville Metro Area population
- 2.3% of houses and apartments in Danville Metro Area, 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, Virginia	United States
	51,920.0	139,647,020.0
	48	42
	$135,900	$338,100
	17.8%	16.6%
	51.2%	57.0%
	60.8%	101.1%
	$6.73	$10.98
	$762	$2,690
	54.6%	57.4%
	16.7%	11.2%
	28.7%	31.4%
Vacant Housing
	2.3%	1.9%
	0.3%	0.4%
	0.8%	0.7%
	0.6%	0.4%
	1.7%	3.6%
	11.0%	4.1%
Value of Owner-Occupied Housing
	5.8%	2.6%
	5.3%	2.4%
	6.4%	2.8%
	11.5%	3.9%
	13.1%	4.5%
	22.1%	11.3%
	15.4%	13.0%
	13.1%	20.1%
	3.0%	13.6%
	1.5%	8.3%
	1.7%	9.7%
	0.5%	3.9%
	0.3%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.1%	13.6%
	8.1%	13.6%
	13.5%	13.6%
	11.9%	13.2%
	17.9%	14.8%
	13.5%	13.6%
	13.3%	10.0%
	7.4%	4.7%
	11.5%	12.2%

Reviews for Danville

See all (0)

Write a Review

Start Your Review of Danville

Commute