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Monday, May 12, 2025

Danville home prices fall in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Danville fell by $1,500 while total sales decreased by 42.8%, according to BlockShopper.com.

From July through September of 2019, there were 83 homes sold, with a median sale price of $41,500 - a 3.5% decrease over the $43,000 median sale price for the same period of the previous year. There were 145 homes sold in Danville in the third quarter of 2018.

The median sales tax in Danville for the most recent year with available data, 2018, was $912, approximately 2.2% of the median home sale price for the third quarter of 2019.

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

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Bismarck12-50%$70,000$62,50012%
Westville524-79.2%$65,000$47,50036.8%
Fairmount10-$59,000$0-
Sidell15-80%$53,680$29,00085.1%
Hoopeston826-69.2%$50,500$36,70037.6%
Ridge Farm23-33.3%$47,500$73,000-34.9%
Georgetown11110%$44,000$34,00029.4%
Danville83145-42.8%$41,500$43,000-3.5%
Olivet21100%$36,064.29$15,000140.4%
Tilton34-25%$30,000$50,200-40.2%
Rankin12-50%$15,500$84,500-81.7%

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