Is Danville, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Danville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Danville has remained a Seller'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, AR

How much do homes in Danville, AR cost?

Median Sold Price

$77,000

$74/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$93,000(-54.7%)

Key Takeaway

Homes in Danville have sold for 54.7% less than they did a month ago.

Summary: The median home sold price in Danville was $77,000 in November 2024, down 54.7% from last month, and the median price per square foot was $74.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$77K
N/A
3 --
N/A
4 $170K-
N/A
5+ --
N/A

Summary: Danville housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Danville
-54.7%
Danville Township
-54.7%

Housing Supply in Danville, AR

How many homes are available in Danville, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
32-33.3%

Summary: The Danville real estate market had 2 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 00
0.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Danville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Danville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Danville in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Danville, AR

How long does it take to sell a home in Danville, AR?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Danville has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Danville; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Danville, AR

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