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Monday, May 12, 2025

Danville home prices fall in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in Danville fell by $5,500 while total sales increased by 9.8%, according to BlockShopper.com.

From July through September of 2018, there were 145 homes sold, with a median sale price of $43,000 - a 11.3% decrease over the $48,500 median sale price for the same period of the previous year. There were 132 homes sold in Danville in the third quarter of 2017.

The median sales tax in Danville for the most recent year with available data, 2016, was $954, approximately 2.2% of the median home sale price for the third quarter of 2018.

The following table compares Danville to other Vermilion County cities with similar median sales prices in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Ridge Farm3250%$73,000$21,000247.6%
Belgium10-$66,400$0-
Bismarck26-66.7%$62,500$113,550-45%
Tilton414-71.4%$50,200$39,10028.4%
Westville242020%$47,500$52,750-10%
Danville1451329.8%$43,000$48,500-11.3%
Hoopeston261844.4%$36,700$52,500-30.1%
Rossville94125%$36,000$66,500-45.9%
Georgetown1121-47.6%$34,000$46,500-26.9%
Potomac93200%$30,000$35,000-14.3%
Sidell5366.7%$29,000$40,000-27.5%

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