Zip 24541 (Danville, VA) Housing

Housing in Danville, VA is a great investment. The median value of housing in the city is $125,000, which is significantly lower than the US house median value of $338,100. Furthermore, over the last year, house appreciation in Danville was 14.49%, significantly higher than the US 1 year house appreciation of 8.27%. This makes investing in Danville's housing an attractive option for potential buyers and investors.

The median home cost in Danville (zip 24541) is $125,000. Home appreciation the last 10 years has been 60.7%. Home Appreciation in Danville (zip 24541) is up 17.9%.

Average Age of Homes

- The median age of Danville (zip 24541) real estate is 55 years old

The Rental Market in Danville (zip 24541)

- Renters make up 37.1% of the Danville (zip 24541) population
- 2.7% of houses and apartments in Danville (zip 24541), 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
	14,483.0	139,647,020.0
	58	42
	$125,000	$338,100
	17.9%	16.6%
	51.2%	57.0%
	60.7%	101.1%
	$7.20	$10.98
	$819	$2,690
	47.9%	57.4%
	14.7%	11.2%
	37.4%	31.4%
Vacant Housing
	2.7%	1.9%
	0.2%	0.4%
	1.0%	0.7%
	0.3%	0.4%
	1.3%	3.6%
	9.2%	4.1%
Value of Owner-Occupied Housing
	5.6%	2.6%
	5.8%	2.4%
	8.1%	2.8%
	12.7%	3.9%
	12.1%	4.5%
	16.9%	11.3%
	12.5%	13.0%
	14.5%	20.1%
	4.5%	13.6%
	2.4%	8.3%
	3.9%	9.7%
	0.9%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.2%	13.6%
	4.2%	13.6%
	7.9%	13.6%
	8.1%	13.2%
	17.4%	14.8%
	7.9%	13.6%
	14.6%	10.0%
	11.2%	4.7%
	20.1%	12.2%

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