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Featured local agent — Danvers, IL
Sarah Mitchell
Compass Real Estate · Danvers, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Danvers, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$235,000median sale price
How is the Danvers, IL housing market right now?
The median home sale price in Danvers, IL is $235,000, up 22.1% year-over-year. Homes sell in an average of 29 days with 1 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Danvers a buyer's or seller's market?
Danvers, IL is currently a strong seller's market, based on 0.3 months of supply and homes selling in about 29 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
29
Average pace
Active listings
1
0.3 months supply
Sale-to-list
104.8%
Above asking
What does the Danvers housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $235,000 |
| Median list price | $122,400 |
| Year-over-year price change | +22.1% |
| Average days on market | 29 days |
| Active inventory | 1 listings |
| Months of supply | 0.3 months |
| Sale-to-list price ratio | 104.8% |
| Median price per sq ft | $143/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 2 |
| Listings with a price cut | 100.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Danvers by property type?
How the Danvers, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $235,000 | $143/sq ft | 3 | 29 days |
Source: Redfin · Updated monthly
The Danvers housing market is currently classified as a strong seller's market with a median sale price of $235,000. Prices have risen 22.1% compared to last year, with homes spending an average of 29 days on market, indicating 0.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.7x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Danvers
There are currently 1 homes listed for sale in Danvers, Illinois. The median listing price is $122K.
Active listings
1
Homes on market
Median list price
$122K
Avg. days on market
29
Days until sale
New this week
2
Newly listed
Who lives in Danvers?
Population
951
Median income
$66,964/yr
Median age
35.9 years
Owner-occupied
82.2%
College grads
37.1%
Avg commute
28.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Danvers?
Zillow home value
$246,139
Price-to-income
3.7x
Source: Zillow Research
What is it like to live in Danvers?
Danvers is a community of approximately 1K residents with a median age of 35.9 years.The median household income is $66,964, which represents a working-class community with solid middle-income opportunities. 37.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 82.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Danvers offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Danvers?
1 schools tracked · 289 students
The largest public schools serving Danvers, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Olympia North Elem Sch
Grades PK-5 · 289 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Danvers, IL?
Want a head-to-head view? Compare Danvers side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Danvers?
The median home sale price in Danvers is $235,000, up 22.1% from last year.
How long do homes stay on market in Danvers?
Homes typically spend 29 days on market before going under contract.
What is the median income in Danvers?
The median household income is $66,964 per year.
Is Danvers a buyer's or seller's market?
With 0.3 months of supply, Danvers is currently a strong seller's market.
What is the Zillow home value estimate for Danvers?
The Zillow Home Value Index (ZHVI) for Danvers is $246,139, representing the typical home value in the area.
How much does a single-family home cost in Danvers?
The median single-family home price in Danvers, IL is $235,000 (about $143 per square foot).
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