51Alpha

Danville, IL metro area Housing Market Brief

metro · IL · score computed September 2026

Balanced

What is Danville, IL metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum—No data
—
Inventory Health31%
●4

Population band 3 of 5 (population 58,778–112,360) · comparable within its band

Affordability25%
●99
Economic Strength25%
●25
Rental Yield19%
●99

Where is Danville, IL metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Danville, IL metro area is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Danville, IL metro area housing market data

MetricValueYoY
Median Sale Price$148K▼ -1.8%
Median Days on Market53 days▲ +20.5%
Months of Supply3.0▼ -6.2%
Homes for Sale164▲ +20.6%
Homes Sold56▲ +27.3%
Median Price / Sq Ft$95▲ +4.4%

Markets like Danville, IL metro area

Frequently asked questions

Is Danville, IL metro area a buyer's or seller's market?

In the scores computed September 2026, Danville, IL metro area is classified as a Balanced Market, based on its Alpha Score of 51 out of 100. It is based on the 4 of five dimensions we can measure for this market — building, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.

Are home prices rising or falling in Danville, IL metro area?

The median sale price in Danville, IL metro area is $148K, having fallen 1.8% over the past year.

How affordable is Danville, IL metro area?

Danville, IL metro area scores 99 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Danville, IL metro area's Alpha Score?

Danville, IL metro area's strongest dimension is Affordability (99/100) and its weakest is Inventory Health (4/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.

Want the live, interactive view of Danville, IL metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.