Danville, IL
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
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Will your home sell in today's cooling Danville market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Danville, IL.
The Danville market is exhibiting cooling conditions, evidenced by a pending ratio of 0.40, indicating demand absorption is moderate relative to available inventory. Active listings have expanded by 23.2% over the past year, further contributing to a less constrained supply environment.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
Job Market
Unemployment rate · Dec 2024
Shows whether local employment conditions are supporting buyer demand.
U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).
Population & Migration
Resident population · Jan 2022
Shows whether the area is gaining or losing potential housing demand.
U.S. Census Bureau via FRED (St. Louis Fed).
Future Housing Supply
Data not yet available.
Shows whether future inventory pressure may increase.
What's moving the Danville market right now.
The pending ratio currently stands at 0.40, reflecting a slight year-over-year decline of 2.5%. Inventory levels have significantly expanded, with active listings up 23.2% compared to the prior year, while new listings decreased by 25.6% over the same period. Median listing prices have increased by 10.0% year-over-year, and median days on market have lengthened by 11.6%, suggesting a slower pace of transaction. The share of price-reduced listings has also risen by 6.1% over the past year.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
With a pending ratio of 0.40 and an increasing inventory of active listings, buyers may encounter a more deliberate pace in negotiations. The expanding supply reduces immediate pressure, potentially allowing for more price discipline. The lengthened median days on market further suggests a less urgent environment for transactions.
No distinct luxury-segment signal in this dataset.
125 active listings represent the current floor, with new supply arriving at roughly 64 per month.
of active listings carry a price reduction, +6.1% from prior period.
Median price per square foot has moved +6.8% year-over-year.
Pending-to-active ratio — Cooling.
Recommended For This Market
CoolingSelling in Danville, IL? Homes here are taking 4 days longer to sell than last year.
Danville, IL is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.
- Buyer Demand Index
- 40%
- Median Days on Market
- 41 days
- Inventory YoY
- +23%
Danville, IL is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.
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Metro Demographics
ZIPs in Danville, IL
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