The housing market in Danville, CA (94506) appears to be significantly higher than the national median value of $338,100. The median value of homes in this area is estimated at $1,967,600. While the US recorded a 1 year house appreciation rate of 8.27%, Danville was slightly lower with a 5.52% appreciation rate in the same period. This suggests that the local housing market is very competitive and may present a challenging environment for potential buyers.
The median home cost in Danville (zip 94506) is $1,967,600. Home appreciation the last 10 years has been 141.5%. Home Appreciation in Danville (zip 94506) is up 10.9%.
Average Age of Homes
- The median age of Danville (zip 94506) real estate is 25 years old
The Rental Market in Danville (zip 94506)
- Renters make up 10.8% of the Danville (zip 94506) population
- 0.1% of houses and apartments in Danville (zip 94506), 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.