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Danville, IA Real Estate


According to census data in the year 2000 there were 375 housing units in Danville. This represents a 9% growth from 344 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 375 were located in what is classified as a rural area.

Homeownership rate in Danville is about 81%. Danville's vacancy rate, including seasonal lodging, is about 6.1%. Average household size is 2.53 people.

The majority of houses, apartments or condos in Danville were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom10.70%
Two Bedrooms30.90%
Three Bedrooms41.90%
Four Bedrooms14.40%
Five Bedrooms or more2.10%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.65
Median year structure was built1963
Median Value of occupied units$78,300
Median Price asked for vacant units$80,000

Rented Homes, Apartments and Condos

Average Household Size2.03
Median year structure was built1972
Median Monthly Rent asked for vacant units$200

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.20%
Home Equity Loan3.80%
Simple Mortgage45.10%
Debt Free46.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.4%