Danville, VA
Housing market overview · Updated weekly
$156,500median sale price
Homes sold
18
Last 12 weeks
Days on market
87
Average pace
Active listings
171
9.5 months supply
Sale-to-list
95.0%
Below asking
The Danville housing market is currently classified as a buyer's market with a median sale price of $156,500. Prices have fallen 3.7% compared to last year, with homes spending an average of 87 days on market, indicating 9.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Danville
There are currently 171 homes listed for sale in Danville, Virginia. The median listing price is $190K.
Active listings
171
Homes on market
Median list price
$190K
Avg. days on market
87
Days until sale
New this week
35
Newly listed
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Frequently asked questions
What is the average home price in Danville?
The median home sale price in Danville is $156,500, down 3.7% from last year.
How long do homes stay on market in Danville?
Homes typically spend 87 days on market before going under contract.
Is Danville a buyer's or seller's market?
With 9.5 months of supply, Danville is currently a buyer's market.
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