Danville, AL35619

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$232,000
1.2% YoY Growth
Median Household Income
$64,300
28.5% 5-Year Growth
Days on Market
58
44.0% Longer than last year
Home Price Forecast
1.3%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Danville, AL

As of Oct '25, Realtor.com reports that the median days on market for a home in Danville, AL is 58. This is a increase of 44.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$250,00011.0%
Listing Count
1333.0%
Listings as % of Homes0.1%33.0%
Days on Market
5844.0%
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Demographics — Danville, AL

As of the latest ACS Survey released in 2023, Danville, AL has a population of 5,100, which has increased by 15.1% over the past 5 years. Danville, AL is a moderately popular place for families, as children make up 22.2% of the population. The area has a poorly educated workforce, with 12.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
5,10015.1%
% Under 18
22.2%14.4%
% Seniors
15.0%-9.6%
% WFH
4.8%200.0%
% w/ College Degree
12.5%76.1%
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As of the latest ACS Survey released in 2023, Danville, AL is a predominantly white area, with 89.2% of the population identifying as white. The white population has grown by 3.6% in the last 5 years. The second most common race or ethnicity in Danville, AL is black, making up 3.7% of the population. Foreign-born residents account for 0.7% of the population in Danville, AL, and this percentage has increased by 40.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
89.2%3.6%
% Black
3.7%-47.9%
% Hispanic
2.6%420.0%
% Asian
0.0%-100.0%
% Foreign Born
0.7%40.0%
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Mortgage and Risk — Danville, AL

According to HUD data as of 2023, there were 69 mortgage originations in Danville, AL, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Danville, AL. Investor activity is low, as 6.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
69
% Conventional Loans
77.0%
% Government Loans
23.0%
% Investor Loans
6.0%
% Second Loans
1.0%
% Cash Out Refinance
13.0%

Loan Activity

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Rentals and Section 8 — Danville, AL

Danville, AL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$880
2 BedroomN/AN/A$1,070
3 BedroomN/AN/A$1,410
4 BedroomN/AN/A$1,690

Affordability — Danville, AL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.4
Median Home Price$232,000
Median Household Income$64,300

Danville, AL — ZIP Code Boundary Map

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Frequently Asked Questions