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Wednesday, April 24, 2024

Danville home prices rise in 2019

Realestate5

The median sale price of a home sold in 2019 in Danville rose by $2,258 while total sales decreased by 23.1%, according to BlockShopper.com.

From January through December of 2019, there were 363 homes sold, with a median sale price of $35,000 - a 6.9% increase over the $32,743 median sale price for the previous year. There were 472 homes sold in Danville in 2018.

The median sales tax in Danville for the most recent year with available data, 2018, was $912, approximately 2.6% of the median home sale price for 2019.

The following table compares Danville to other Vermilion County cities with similar median sales prices in 2019:

CityJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Rossville1324-45.8%$53,000$42,50024.7%
Fairmount52150%$49,000$82,250-40.4%
Georgetown3334-2.9%$44,000$40,5008.6%
Tilton1934-44.1%$38,800$42,000-7.6%
Hoopeston49105-53.3%$36,000$44,500-19.1%
Danville363472-23.1%$35,000$32,742.506.9%
Sidell27-71.4%$34,930.50$29,00020.5%
Ridge Farm910-10%$34,000$60,500-43.8%
Potomac811-27.3%$30,775$32,000-3.8%
Oakwood79-22.2%$25,550$86,000-70.3%
Bismarck37-57.1%$20,000$57,000-64.9%

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