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Danville, IL housing market

Housing market indicators

Indicator 2022202320242025* Change202220232024YTD
Median Listing Price per Square Feet $68 $73 $75 $79 9.7% 7.4% 2.7% 5.3%
Active Listing Count 116 115 112 118 38.1% -0.9% -2.6% 5.4%
Median Days on Market 60 65 58 60 3.4% 8.3% -10.8% 3.4%
Share of listings with price increase 0% 0% 0.1% 0.1%
Share of listings with price decrease 12.9% 11.3% 13.1% 15%

* last available value

Home prices

Short term housing supply drivers

Long term housing demand drivers

Long term housing supply drivers




Note: 12M MA - 12 months moving average, Permits - New Private Housing Structures Authorized by Building Permits. Source: FRED


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