Danville, PA—17821
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Danville, PA
As of Oct '25, the median home price in Danville, PA is $267,000, with a year-over-year change of 4.1%. This indicates that home prices in Danville, PA are increasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $267,000 | 4.1% |
| Single Family | $270,000 | 4.7% |
| Condos | $180,000 | 3.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $181,000 | 5.2% |
3 Bed | $258,000 | 5.3% |
4 Bed | $399,000 | 6.1% |
| 5 Bed | $490,000 | 7.0% |
% of Housing Stock
Rental Trends — Danville, PA
As of July '25, Rentcast reports the average rent in Danville, PA is $1,620, with a year-over-year rent change of 10.2%. Per bedroom, the median rent as of July '25 in Danville, PA is 1-bedrooms: $1,100, 2-bedrooms: $1,460, 3-bedrooms: $1,910, 4-bedrooms: $1,850. The most common rental property sizes in Danville, PA are 2-bedroom and 3-bedroom, accounting for 35.2% and 27.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,620 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $950 | $1,100 |
| 2 Bed Rent | $1,480 | $1,460 |
| 3 Bed Rent | $1,900 | $1,910 |
| 4 Bed Rent | $1,700 | $1,850 |
% of Rental Stock
Property Listings — Danville, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Danville, PA is 83. This is a increase of 20.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $338,000 | 8.0% |
Listing Count | 57 | 7.0% |
| Listings as % of Homes | 0.3% | 7.0% |
Days on Market | 83 | 20.0% |
Demographics — Danville, PA
As of the latest ACS Survey released in 2023, Danville, PA has a population of 18,800, which has increased by 2.3% over the past 5 years. Danville, PA is a moderately popular place for families, as children make up 20.2% of the population. The area has a moderately educated workforce, with 37.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,800 | 2.3% |
% Under 18 | 20.2% | -2.4% |
% Seniors | 21.9% | 6.8% |
% WFH | 11.6% | 163.6% |
% w/ College Degree | 37.6% | 8.7% |
As of the latest ACS Survey released in 2023, Danville, PA is a predominantly white area, with 89.2% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Danville, PA is asian, making up 3.4% of the population. Foreign-born residents account for 5.4% of the population in Danville, PA, and this percentage has increased by 14.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.2% | -2.1% |
% Black | 2.5% | 38.9% |
% Hispanic | 3.4% | 209.1% |
% Asian | 3.4% | -32.0% |
% Foreign Born | 5.4% | 14.9% |
Mortgage and Risk — Danville, PA
According to HUD data as of 2023, there were 301 mortgage originations in Danville, PA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Danville, PA. Investor activity is low, as 4.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 301 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Danville, PA
As of 2024, the percent of homes in Danville, PA under the Section 8 program is 8.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Danville, PA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 341 |
Total Units Section 8 | 226 |
% Rentals under Section 8 | 8.8% |
% Occupied Section 8 | 73.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $950 | $1,010 |
| 2 Bedroom | -$240 | $1,480 | $1,240 |
| 3 Bedroom | -$190 | $1,900 | $1,710 |
| 4 Bedroom | $290 | $1,700 | $1,990 |
Affordability — Danville, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $267,000 |
| Median Household Income | $73,100 |