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Preforeclosure Homes in Danville, VA

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Danville, VA Foreclosures

How much do homes sell for in Danville, VA?
The average home price is currently $218,209.
In Danville, VA, how many homes are available?
There are currently 28 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 $20,725,986.
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, Virginia, is a charming city located in the southern part of the state, along the Dan River. Known for its rich history, Danville offers a blend of contemporary living and historic charm, making it an attractive place for families and retirees alike. The city provides easy access to outdoor recreational activities, well-rated schools, and a friendly community atmosphere.

Current Market Conditions in Danville, VA

The Danville real estate market is currently experiencing increased interest from buyers and investors, particularly due to its affordable home prices compared to surrounding metropolitan areas. This has resulted in a steady appreciation of property values over the past year, with a consistent demand for single-family homes and rental properties.

Many young professionals and families are moving to Danville, attracted by its lower cost of living and quality of life. Local developments and infrastructure projects are expected to boost market conditions further, making it a desirable location for homebuyers and renters.

Home Value Estimator For Danville, VA

There are currently 24,429 real estate properties in Danville, VA, with a median automated valuation model (AVM) price of $164,943.00. 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 $218,209.00, with the most expensive house in Danville, VA, topping out at $20,725,986.00 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 Preforeclosure Homes


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