Danville, WV—25053
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Danville, WV
As of Oct '25, the median home price in Danville, WV is $120,000, with a year-over-year change of -2.4%. This indicates that home prices in Danville, WV are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $120,000 | -2.4% |
| Single Family | $120,000 | -2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $80,000 | -10.1% |
3 Bed | $139,000 | 0.0% |
4 Bed | $190,000 | 1.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Danville, WV
Danville, WV 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, WV
As of Oct '25, Realtor.com reports that the median days on market for a home in Danville, WV is 84. This is a increase of 12.0% 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 | $223,000 | 2.0% |
Listing Count | 7 | 162.0% |
| Listings as % of Homes | 0.2% | 162.0% |
Days on Market | 84 | 12.0% |
Demographics — Danville, WV
As of the latest ACS Survey released in 2023, Danville, WV has a population of 3,830, which has decreased by -17.7% over the past 5 years. Danville, WV is a moderately popular place for families, as children make up 20.1% of the population. The area has a poorly educated workforce, with 11.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,830 | -17.7% |
% Under 18 | 20.1% | -16.9% |
% Seniors | 22.9% | 59.0% |
% WFH | 2.3% | 76.9% |
% w/ College Degree | 11.9% | 36.8% |
As of the latest ACS Survey released in 2023, Danville, WV is a predominantly white area, with 96.9% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Danville, WV is hispanic, making up 1.5% of the population. Foreign-born residents account for 1.0% of the population in Danville, WV, and this percentage has increased by Inf% 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 | 96.9% | -1.9% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.5% | ∞% |
% Asian | 0.1% | -85.7% |
% Foreign Born | 1.0% | ∞% |
Mortgage and Risk — Danville, WV
According to HUD data as of 2023, there were 52 mortgage originations in Danville, WV, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Danville, WV. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 52 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Danville, WV
Danville, WV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 169 |
Total Units Section 8 | 94 |
% Rentals under Section 8 | 23.9% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $840 |
| 2 Bedroom | N/A | N/A | $1,010 |
| 3 Bedroom | N/A | N/A | $1,390 |
| 4 Bedroom | N/A | N/A | $1,700 |
Affordability — Danville, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $120,000 |
| Median Household Income | $59,900 |