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Foreclosure Homes in Danville, VA 24540

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Danville, VA Foreclosures

Current Market Conditions in in Danville, VA As of March 2026?
Over the past month, Danville's real estate market has witnessed an uptick in buyer interest, particularly in the mid-range home sector. With inventory levels remaining low, some properties have seen price increases due to competitive bidding. Sellers are beginning to be more optimistic, and the market dynamics hint at a favorable environment for home investments.
How much do homes sell for in Danville, VA?
The average home price is currently $221,704.
In Danville, VA, how many homes are available?
There are currently 68 active home listings available in Danville.
What’s the average rental cost in Danville, VA?
The average rental price in Danville is $918.
What is the most expensive home in Danville?
The most expensive home sold in Danville had a price of $49,579,912.
What is currently the cheapest priced home in Danville, VA?
The cheapest home for sale in Danville is priced at $5,827.

Living in Danville, VA

Danville, VA, is a picturesque city known for its rich history and vibrant community atmosphere. Offering a variety of recreational options, local dining, and cultural attractions, it maintains a perfect balance of small-town charm and urban convenience. Outdoor enthusiasts will appreciate the beautiful parks and trails, while families benefit from good schooling options nearby.

Buyer vs Seller Market in Danville, VA

The real estate market in Danville has shown signs of stabilization over recent months. The median home prices are slightly rising as the demand for housing remains steady. Buyers are exploring various neighborhoods, leading to a diverse market landscape with options for all types of buyers, from first-time homebuyers to those looking for more spacious properties.

Home Value Estimator For Danville, VA

There are currently 24,716 real estate properties in Danville, VA, with a median automated valuation model (AVM) price of $163,928.00. 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, VA, 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, VA, is $221,704.00, with the most expensive house in Danville, VA, topping out at $49,579,912.00 and the cheapest home in Danville, VA, clocking in at $5,827.00. In other words, there’s something for every potential homebuyer or savvy investor in Danville, VA!

Rent Prices In Danville, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Danville, VA, is on a rollercoaster ride. The average rent price in Danville, VA, is $918.00. Indeed, when looking to rent in Danville, VA, you can expect to pay as little as $460.00 or as much as $2,080.00, with the average rent median estimated to be $810.00. The good news is that finding an affordable and desirable property to rent in Danville, VA -- 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, VA 24540 Foreclosures

Market Trend for Danville, VA

Total Listings Available: 68

Market Values:

Home Prices from $5,827 to $49,579,912

Average Sales Price: $221,704

Rental Values:

Rental from $460 to $2,080

Average Rent Value: $918 / month

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