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Condo Foreclosures in Danville, IL 61833

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Danville, IL Foreclosures

Current Market Conditions in in Danville, IL As of January 2026?
In the last month, Danville has seen a slight uptick in home sales, driven in part by lower inventory levels and increased buyer activity. The average time homes spent on the market has decreased, suggesting a more competitive landscape for buyers. Pricing trends indicate a moderate increase, with homes averaging around 5% higher compared to last month.
How much do homes sell for in Danville, IL?
The average home price is currently $126,178.
What’s the average rental cost in Danville, IL?
The average rental price in Danville is $904.
What is the most expensive home in Danville?
The most expensive home sold in Danville had a price of $29,833,742.
What is currently the cheapest priced home in Danville, IL?
The cheapest home for sale in Danville is priced at $9,462.

Living in Danville, IL

Danville, Illinois, offers a blend of historic charm and modern conveniences. With ample parks, excellent schools, and a friendly community atmosphere, Danville is an ideal place for families and individuals alike. The city features a wide range of housing options at various price points, catering to diverse needs.

Buyer vs Seller Market in Danville, IL

The current real estate market in Danville is showing signs of steady growth, with home prices gradually increasing over the past few months. The demand for houses in this area has remained stable, driven by a combination of affordability and quality living conditions.

Over the past year, Danville has experienced a notable rise in home values, thanks to increasing interest from potential buyers looking for affordable housing. The city has seen improvements in neighborhoods and community services, which have positively impacted property desirability.

Home Value Estimator For Danville, IL

There are currently 15,854 real estate properties in Danville, IL, with a median automated valuation model (AVM) price of $79,959.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Danville, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Danville, IL, is $126,178.00, with the most expensive house in Danville, IL, topping out at $29,833,742.00 and the cheapest home in Danville, IL, clocking in at $9,462.00. In other words, there’s something for every potential homebuyer or savvy investor in Danville, IL!

Rent Prices In Danville, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Danville, IL, is on a rollercoaster ride. The average rent price in Danville, IL, is $904.00. Indeed, when looking to rent in Danville, IL, you can expect to pay as little as $450.00 or as much as $2,020.00, with the average rent median estimated to be $830.00. The good news is that finding an affordable and desirable property to rent in Danville, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Danville, IL 61833 Condos


Market Trend for Danville, IL

Total Listings Available: 0

Market Values:

Home Prices from $9,462 to $29,833,742

Average Sales Price: $126,178

Rental Values:

Rental from $450 to $2,020

Average Rent Value: $904 / month

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