Danville, IA—52623
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Danville, IA
As of Oct '25, the median home price in Danville, IA is $224,000, with a year-over-year change of 7.3%. This indicates that home prices in Danville, IA are increasing. According to Zillow, the 1-year price projection is -1.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $224,000 | 7.3% |
| Single Family | $224,000 | 8.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $179,000 | 6.5% |
3 Bed | $222,000 | 6.7% |
4 Bed | $285,000 | 6.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Danville, IA
Danville, IA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio 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 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Danville, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Danville, IA is 75. This is a increase of 2.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $371,000 | 66.0% |
Listing Count | 5 | 19.0% |
| Listings as % of Homes | 1.1% | 19.0% |
Days on Market | 75 | 2.0% |
Demographics — Danville, IA
As of the latest ACS Survey released in 2023, Danville, IA has a population of 1,910, which has decreased by -5.7% over the past 5 years. Danville, IA is a moderately popular place for families, as children make up 23.5% of the population. The area has a moderately educated workforce, with 29.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,910 | -5.7% |
% Under 18 | 23.5% | -20.9% |
% Seniors | 15.8% | -16.0% |
% WFH | 3.4% | -58.5% |
% w/ College Degree | 29.2% | 7.0% |
As of the latest ACS Survey released in 2023, Danville, IA is a predominantly white area, with 96.2% of the population identifying as white. The white population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in Danville, IA is hispanic, making up 1.4% of the population. Foreign-born residents account for 3.3% of the population in Danville, IA, and this percentage has increased by 1000.0% 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 | 96.2% | -0.8% |
% Black | 0.2% | -81.8% |
% Hispanic | 1.4% | -26.3% |
% Asian | 1.1% | 1,000.0% |
% Foreign Born | 3.3% | 1,000.0% |
Mortgage and Risk — Danville, IA
According to HUD data as of 2023, there were 44 mortgage originations in Danville, IA, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Danville, IA. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 44 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Danville, IA
Danville, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $760 |
| 2 Bedroom | N/A | N/A | $1,000 |
| 3 Bedroom | N/A | N/A | $1,250 |
| 4 Bedroom | N/A | N/A | $1,350 |
Affordability — Danville, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $224,000 |
| Median Household Income | $85,800 |