Danville, IL metro area Housing Market Brief
metro · as of May 2026
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.
Where is Danville, IL metro area in its market cycle?
Danville, IL metro area is classified as Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.
Danville, IL metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $126K | ▲ +26.2% |
| Median Days on Market | 31 days | ▲ +24% |
| Months of Supply | 2.4 | ▲ +50% |
| Homes for Sale | 130 | ▲ +18.2% |
| Homes Sold | 55 | ▼ -17.9% |
| Median Price / Sq Ft | $79 | ▲ +2.4% |
| Sale-to-List Ratio | 97.4% | ▲ +0.4% |
How has Danville, IL metro area’s Alpha Score moved?
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Frequently asked questions
Is Danville, IL metro area a buyer's or seller's market?
As of May 2026, Danville, IL metro area is classified as a Seller's Market, based on its Alpha Score of 64 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Danville, IL metro area?
The median sale price in Danville, IL metro area is $126K, having risen 26.2% 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 (46/100). The Alpha Score is a weighted blend of all five dimensions.
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.