$800,000
1.93 Acres
Land
Douglas A Kriebel, Listing Office: Coldwell Banker Hearthside
Is Danville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 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, PA
How much do homes in Danville, PA cost?
Median Sold Price
$250,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$7,500(+3.1%)
Key Takeaway
Homes in Danville have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Danville was $250,000 in December 2024, up 3.1% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $240K | +118.2% |
| 2 Bedrooms | $169K | $167.4K | -0.9% |
| 3 Bedrooms | $235K | $240K | +2.1% |
| 4 Bedrooms | $415K | $311K | -25.1% |
| 5+ Bedrooms | $481.4K | $470K | -2.4% |
Summary: Danville housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 118.2%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 25.1%, and 5+ bedroom homes decreased by 2.4%.
Median Sold Price Compared To Nearby Cities
| Danville | $242.5K | $250K | +3.1% |
| Mahoning Township | $312.1K | $290K | -7.1% |
Housing Supply in Danville, PA
How many homes are available in Danville, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 62 | 53 | -14.5% |
Summary: The Danville real estate market had 53 homes for sale in December 2024, a 14.5% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 33 | 24 | -27.3% |
| 4 Bedrooms | 15 | 17 | +13.3% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Danville housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 27.3%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Danville, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Danville in December 2024, up by 11.1% month-over-month. Of the 10 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Danville, PA
We’re sorry, we don't have information for this market at the moment
