Falling home prices in Danville in January 2021

Medium re 4

The median sale price of a home sold in January 2021 in Danville fell by $4,000 while total sales decreased by 48%, according to BlockShopper.com.

In January 2021, there were 13 homes sold, with a median sale price of $31,000 - a 11.4% decrease over the $35,000 median sale price for the same period of the previous year. There were 25 homes sold in Danville in January 2020.

The median sales tax in Danville for the most recent year with available data, 2018, was $912, approximately 2.9% of the median home sale price for January 2021.

The following table compares Danville to other Vermilion County cities in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Catlin220%$144,500$79,045.8182.8%
Oakwood10-$90,000$0-
Westville3250%$69,000$70,750-2.5%
Rossville110%$67,500$52,00029.8%
Bismarck12-50%$62,000$56,5009.7%
Danville1325-48%$31,000$35,000-11.4%
Georgetown31200%$20,162$78,000-74.2%
Belgium110%$15,000$16,000-6.3%
Hoopeston440%$10,750$30,170.50-64.4%
Fairmount10-$2,000$0-
Rankin01-100%$0$40,000-100%
Tilton02-100%$0$58,500-100%
Sidell00-$0$0-
Fithian01-100%$0$285,000-100%
Potomac01-100%$0$10,000-100%
Ridge Farm01-100%$0$61,000-100%
Allerton00-$0$0-
Olivet00-$0$0-
Henning00-$0$0-

Blockshopper green logo