$2,611 Closing Credit*
$219,900
1,325 SqFt
3 Beds
•2 Full Baths
Listing Office: Redstone Realty Solutions-Dec
Is Danville, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$320,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$70,200(+28.1%)
Key Takeaway
Homes in Danville have sold for 28.1% more than they did a year ago.
Summary: The median home sold price in Danville was $320,000 in October 2024, up 28.1% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $215K | N/A |
| 2 Bedrooms | - | $249.9K | N/A |
| 3 Bedrooms | $247K | $249.7K | +1.1% |
| 4 Bedrooms | $259K | $399.5K | +54.2% |
| 5+ Bedrooms | $639.9K | $787.5K | +23.1% |
Summary: Danville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 54.2%, and 5+ bedroom homes increased by 23.1%.
Median Sold Price Compared To Nearby Cities
| Danville | $249.8K | $320K | +28.1% |
| Hartselle | $255.2K | $257.2K | +0.8% |
Housing Supply in Danville, AL
How many homes are available in Danville, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 22 | +29.4% |
Summary: The Danville real estate market had 22 homes for sale in October 2024, a 29.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 10 | 13 | +30.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Danville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Danville, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Danville in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Danville, AL
We’re sorry, we don't have information for this market at the moment
