The housing market in 46122 Danville, IN is quite robust. The median value of housing in this area is $295,500, which is significantly lower than the US median house value of $338,100. However, the appreciation rate for housing in this area is higher than the US average at 13.55%, compared to 8.27%. This indicates that demand for both existing and new homes is on the rise in Danville. With an attractive combination of a lower house value and higher appreciation rate, it could be a great time to either buy or sell a home in this area.
The median home cost in Danville (zip 46122) is $295,500. Home appreciation the last 10 years has been 95.7%. Home Appreciation in Danville (zip 46122) is up 17.9%.
Average Age of Homes
- The median age of Danville (zip 46122) real estate is 35 years old
The Rental Market in Danville (zip 46122)
- Renters make up 22.4% of the Danville (zip 46122) population
- 0.0% of houses and apartments in Danville (zip 46122), 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.