Housing in Danville, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$116,500
Median List Price
$79,000
Price Per Sq Ft
$84
Days on Market
32
Active Inventory
51
Months of Supply
3.2
Seller's market
Zillow Home Value
$73,284
ZHVI — January 2026
Zillow Rent Index
$857
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
31.3%
Off Market in 2 Weeks
54.8%
Sale-to-List Ratio
92.1%
Buyer's market
Market Activity
Source: RedfinHomes Sold
16
New Listings
27
Pending Sales
31
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$84
Median List $/SF
$64
Danville vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Danville is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$76,800
Median Rent
$809
Total Housing Units
13,725
Vacancy Rate
15.5%
Owner Occupied
56.8%
Renter Occupied
43.2%
Median Property Tax
$1,548
per year
Monthly Cost (w/ Mortgage)
$614
Housing Types
The current median sale price in Danville, IL is $116,500 according to Redfin data. Homes spend a median of 32 days on the market. 31.3% of homes sold above asking price. The market has 3.2 months of supply. The median price per square foot is $84. Zillow's observed rent index is $857/month. About 56.8% of housing units are owner-occupied. The median year homes were built is 1950. There are 13,725 total housing units.