Is Danville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Danville was a Buyer's Market.
Housing Prices in Danville, PA
How much do homes in Danville, PA cost?
Median Sold Price
$238,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Danville was $238,000 in March 2024, up 2.9% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $171.4K | - | N/A |
2 Bedrooms | $157.7K | $169.2K | +7.3% |
3 Bedrooms | $232K | $230.2K | -0.8% |
4 Bedrooms | $405.5K | $380K | -6.3% |
5+ Bedrooms | $399K | $375K | -6.0% |
Summary: Danville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.3%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 6%.
Median Sold Price Compared To Nearby Cities
Mahoning Township | $288K | $309K | +7.3% |
Danville | $231.4K | $238K | +2.9% |
Housing Supply in Danville, PA
How many homes are available in Danville, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
73 | 76 | +4.1% |
Summary: The Danville real estate market had 76 homes for sale in March 2024, a 4.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 10 | -23.1% |
3 Bedrooms | 33 | 35 | +6.1% |
4 Bedrooms | 17 | 20 | +17.6% |
5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Danville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 23.1%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 14 | +75.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Danville in March 2024, up by 75.0% month-over-month. Of the 14 sold homes, 71% were sold under asking, 21% were sold at asking, and 7% were sold over asking.
Days on Market for Danville, PA
We’re sorry, we don't have information for this market at the moment