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Monday, November 25, 2024

Q2 real estate sales report: Danville

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Median prices declined in Danville over last year, and are down 54.9 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 133 homes sold in Danville for a median price of $27,333. That's 36.2 percent lower than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Danville.

Median property tax for homeowners in Danville was $1,576.90 in 2016 according to tax data from that year. That means homeowners pay 3 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Danville real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
60
$60,548
-
2010
58
$86,925
43.6%
2011
48
$71,190
-18.1%
2012
54
$56,135
-21.1%
2013
63
$70,092
24.9%
2014
72
$63,070
-10%
2015
47
$80,560
27.7%
2016
122
$53,025
-34.2%
2017
118
$42,840
-19.2%
2018
133
$27,333
-36.2%

Median property tax
Median sale price
Effective property tax rate
2014
$1,777.98
$63,070
2.8%
2015
$1,711.26
$80,560
2.1%
2016
$1,576.90
$53,025
3%

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