24540 Danville, VA is experiencing a higher than average appreciation in its housing market. It has a median value of $119,300, which is significantly lower than the national median of $338,100. However, it has seen a 14.49% increase in housing values over the past year while the national appreciation rate was 8.27%. This trend demonstrates that Danville is an attractive option for those looking to purchase or invest in real estate.
The median home cost in Danville (zip 24540) is $119,300. Home appreciation the last 10 years has been 60.7%. Home Appreciation in Danville (zip 24540) is up 17.9%.
Average Age of Homes
- The median age of Danville (zip 24540) real estate is 45 years old
The Rental Market in Danville (zip 24540)
- Renters make up 30.0% of the Danville (zip 24540) population
- 4.0% of houses and apartments in Danville (zip 24540), 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.