Zip 61832 (Danville, IL) Housing

Housing in 61832 Danville, IL is affordable and appreciating. The median value of a house in the area is $71,000 which is much lower than the US median value of $338,100. Although housing values have gone up overall by 8.27% throughout the US in the past year, Danville’s housing market has seen an even larger appreciation rate of 8.72%, making it a great place to invest in real estate.

The median home cost in Danville (zip 61832) is $71,000. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Danville (zip 61832) is up 14.5%.

Average Age of Homes

- The median age of Danville (zip 61832) real estate is 68 years old

The Rental Market in Danville (zip 61832)

- Renters make up 33.2% of the Danville (zip 61832) population
- 5.3% of houses and apartments in Danville (zip 61832), 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, Illinois	United States
	16,578.0	139,647,020.0
	70	42
	$71,000	$338,100
	14.5%	16.6%
	36.1%	57.0%
	46.3%	101.1%
	$18.61	$10.98
	$1,301	$2,690
	49.0%	57.4%
	18.0%	11.2%
	33.0%	31.4%
Vacant Housing
	5.3%	1.9%
	0.3%	0.4%
	0.6%	0.7%
	10.7%	0.4%
	0.1%	3.6%
	1.0%	4.1%
Value of Owner-Occupied Housing
	8.3%	2.6%
	16.0%	2.4%
	17.6%	2.8%
	15.9%	3.9%
	11.5%	4.5%
	14.9%	11.3%
	8.1%	13.0%
	4.9%	20.1%
	1.2%	13.6%
	0.7%	8.3%
	0.2%	9.7%
	0.0%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.1%	13.6%
	3.1%	13.6%
	5.2%	13.6%
	7.0%	13.2%
	10.2%	14.8%
	5.2%	13.6%
	14.1%	10.0%
	6.5%	4.7%
	41.6%	12.2%

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