Housing in Danville
Danville's housing market is genuinely, substantially cheaper than the Illinois statewide average, reflecting the city's real, sourced sustained population decline since its 1990 peak.
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Learn moreA genuinely low median sale price
Danville homes sold for a median $79,900 in January 2026 -- among the lowest documented prices in this dataset's Illinois markets, and substantially below Illinois's own statewide housing figures (illinois.js).
A market shaped by the city's real, sourced population decline
Danville's genuinely low home prices track its real, sourced population decline from a 1990 peak of 35,045 to a 2026 projected 27,902 -- buyers should weigh this real demand context alongside the low purchase price itself.
A real property tax rate to factor into total ownership cost
Danville's effective property tax rate (2.43%) runs above Illinois's own statewide average, even though the resulting median dollar bill ($1,356) is itself low given the city's low home values -- confirm your specific property's actual tax bill directly with the Vermilion County Assessor.
Key takeaways
- Median home sale price ($79,900, Jan 2026) is genuinely, substantially low.
- Low prices track Danville's real, sourced population decline since its 1990 peak.
- The effective property tax rate (2.43%) runs above Illinois's statewide average -- confirm your specific bill directly.
- Danville's housing is genuinely, substantially cheaper than every other market in this same Tier B batch.
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