$8,299 Closing Credit*
$698,831
2,866 SqFt
4 Beds
•3 Full Baths, 1 Partial
Listing Office: Parker Real Estate Res.LLC
Is Danville, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Danville was a Buyer's Market.
Key Takeaway
Danville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Danville, AL
How much do homes in Danville, AL cost?
Median Sold Price
$311,250
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$52,250(+20.2%)
Key Takeaway
Homes in Danville have sold for 20.2% more than they did a year ago.
Summary: The median home sold price in Danville was $311,250 in September 2024, up 20.2% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $215K | N/A |
| 2 Bedrooms | $191.5K | $250K | +30.5% |
| 3 Bedrooms | $247K | $249.7K | +1.1% |
| 4 Bedrooms | $309.9K | $409K | +32.0% |
| 5+ Bedrooms | $680K | $675K | -0.7% |
Summary: Danville housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.5%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 32%, and 5+ bedroom homes decreased by 0.7%.
Median Sold Price Compared To Nearby Cities
| Danville | $259K | $311.2K | +20.2% |
| Hartselle | $255.8K | $250K | -2.3% |
Housing Supply in Danville, AL
How many homes are available in Danville, AL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 21 | 20 | -4.8% |
Summary: The Danville real estate market had 20 homes for sale in September 2024, a 4.8% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Danville housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Danville, expect to pay close to the asking price. 80% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Danville in September 2024, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 80% were sold at asking, and 0% were sold over asking.
Days on Market for Danville, AL
We’re sorry, we don't have information for this market at the moment
