The median sale price of a home sold in the third quarter of 2020 in Danville rose by $28,000 while total sales decreased by 43.2%, according to BlockShopper.com.
From July through September of 2020, there were 84 homes sold, with a median sale price of $68,750 - a 68.7% increase over the $40,750 median sale price for the same period of the previous year. There were 148 homes sold in Danville in the third quarter of 2019.
The median sales tax in Danville for the most recent year with available data, 2018, was $912, approximately 1.3% of the median home sale price for the third quarter of 2020.
The following table compares Danville to other Vermilion County cities with similar median sales prices in the third quarter of 2020:
| City | July - Sept. 2020 Home Sales | July - Sept. 2019 Home Sales | % change (Total Home Sales) | July - Sept. 2020 Median Sales Price | July - Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Olivet | 1 | 3 | -66.7% | $126,000 | $19,128.57 | 558.7% |
| Catlin | 3 | 14 | -78.6% | $114,000 | $107,100 | 6.4% |
| Belgium | 1 | 0 | - | $92,900 | $0 | - |
| Westville | 12 | 10 | 20% | $77,500 | $61,500 | 26% |
| Rankin | 1 | 2 | -50% | $69,000 | $19,750 | 249.4% |
| Danville | 84 | 148 | -43.2% | $68,750 | $40,750 | 68.7% |
| Rossville | 5 | 5 | 0% | $64,000 | $56,000 | 14.3% |
| Hoopeston | 10 | 25 | -60% | $59,500 | $55,000 | 8.2% |
| Oakwood | 4 | 3 | 33.3% | $48,056.50 | $79,000 | -39.2% |
| Ridge Farm | 1 | 8 | -87.5% | $36,000 | $70,500 | -48.9% |
| Fairmount | 1 | 1 | 0% | $34,000 | $59,000 | -42.4% |
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