Danville, IN 46122 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Danville, IN—46122

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$339,000

0.8% YoY Growth

Household Income

$94,300

21.2% YoY Growth

Days on Market

26.0% Longer YoY

Home Price Forecast

2.4%

Median Rent

$1,980

0.5% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,100

N/A

3-Bed Rent

$1,900

8.0% YoY Growth

Home Price Trends — Danville, IN

As of Dec '25, the median home price in Danville, IN is $339,000, with a year-over-year change of 0.8%. This indicates that home prices in Danville, IN are flat. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$339,000	0.8%
Single Family	$342,000	0.9%
Condos	$210,000	2.4%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Danville, IN

As of July '25, Rentcast reports the average rent in Danville, IN is $2,020, with a year-over-year rent change of 0.5%. Per bedroom, the median rent as of July '25 in Danville, IN is 2-bedrooms: $1,220, 3-bedrooms: $1,900, 4-bedrooms: $2,390. The most common rental property sizes in Danville, IN are 2-bedroom and 3-bedroom, accounting for 47.1% and 28.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,980	$2,020
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,100	$1,220
3 Bed Rent	$1,900	$1,900
4 Bed Rent	$2,500	$2,390

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% of Rental Stock

Studio

3.5%

1 Bedroom

20.7%

2 Bedrooms

47.1%

3 Bedrooms

28.7%

Property Listings — Danville, IN

As of Dec '25, Realtor.com reports that the median days on market for a home in Danville, IN is 51. This is a increase of 34.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$387,000	7.0%
Listing Count	59	-29.0%
Listings as % of Homes	0.6%	-29.0%
Days on Market	55	26.0%

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Demographics — Danville, IN

As of the latest ACS Survey released in 2023, Danville, IN has a population of 16,300, which has remained stable by -0.8% over the past 5 years. Danville, IN is a popular place for families, as children make up 25.3% of the population. The area has a moderately educated workforce, with 35.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	16,300	-0.8%
% Under 18	25.3%	-5.2%
% Seniors	18.3%	32.6%
% WFH	9.4%	147.4%
% w/ College Degree	35.1%	13.2%

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As of the latest ACS Survey released in 2023, Danville, IN is a predominantly white area, with 93.5% of the population identifying as white. The white population has shrunk by 0.2% in the last 5 years. The second most common race or ethnicity in Danville, IN is hispanic, making up 2.5% of the population. Foreign-born residents account for 1.1% of the population in Danville, IN, and this percentage has decreased by 54.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	93.5%	-0.2%
% Black	2.1%	10.5%
% Hispanic	2.5%	92.3%
% Asian	0.2%	-90.9%
% Foreign Born	1.1%	-54.2%

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Mortgage and Risk — Danville, IN

According to HUD data as of 2023, there were 574 mortgage originations in Danville, IN, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Danville, IN. Investor activity is low, as 2.0% 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	574
% Conventional Loans	68.0%
% Government Loans	32.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Danville, IN

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

Section 8 Market Size

Total Units under HUD	72
Total Units Section 8	72
% Rentals under Section 8	5.2%
% Occupied Section 8	93.2%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,050
2 Bedroom	$130	$1,100	$1,230
3 Bedroom	-$300	$1,900	$1,600
4 Bedroom	-$560	$2,500	$1,940

Danville, IN—46122

Key Metrics at a Glance

Home Price Trends — Danville, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Danville, IN

% of Rental Stock

Property Listings — Danville, IN

Demographics — Danville, IN

Race and Ethnicity

Mortgage and Risk — Danville, IN

Mortgages

Rentals and Section 8 — Danville, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Danville, IN

Home Price to Income Ratio

Danville, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Amo, IN

Clayton, IN

Lizton, IN

North Salem, IN

Pittsboro, IN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.4
Median Home Price	$339,000
Median Household Income	$94,300

Danville, IN—46122

Key Metrics at a Glance

Home Price Trends — Danville, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Danville, IN

% of Rental Stock

Property Listings — Danville, IN

Demographics — Danville, IN

Race and Ethnicity

Mortgage and Risk — Danville, IN

Mortgages

Rentals and Section 8 — Danville, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Danville, IN

Home Price to Income Ratio

Danville, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Amo, IN

Clayton, IN

Lizton, IN

North Salem, IN

Pittsboro, IN

Frequently Asked Questions

What is the average home price in Danville, IN 46122?

How have home prices in Danville, IN 46122 changed over the past year?

What is the home price projection for Danville, IN 46122?

What are the demographics of Danville, IN 46122?

How long does it take homes to sell in Danville, IN 46122?

What is the average rent price in Danville, IN 46122?