April: Home prices in Danville increased

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The median sale price of a home sold in April in Danville rose by $55,500 while total sales increased by 50 percent, according to BlockShopper.com.

In April, there were three homes sold, with a median sale price of $115,000 - a 93.3 percent increase over the $59,500 median sale price for the same period of the previous year. There were two homes sold in Danville in April 2021.

The median sales tax in Danville for the most recent year with available data, 2019, was $983, approximately 0.9 percent of the median home sale price for April.

The following table compares Danville to other Knox County cities in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Apple Valley1120-45$230,000$152,00051.3
Mount Vernon825-68$170,000$125,00036

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