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Danville, IL Real Estate


According to census data in the year 2000 there were 14,868 housing units in Danville. This represents a 3% decline from 15,326 in 1990.

Of those housing units, 14,720 were located in either urbanized areas or urban clusters, and 148 were located in what is classified as a rural area.

Homeownership rate in Danville is about 62%. Danville's vacancy rate, including seasonal lodging, is about 10.5%. Average household size is 2.35 people.

The majority of houses, apartments or condos in Danville were built after 1951.

Statistics

Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom14.70%
Two Bedrooms35.50%
Three Bedrooms36%
Four Bedrooms10.30%
Five Bedrooms or more1.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.41
Median year structure was built1950
Median Value of occupied units$52,500
Median Price asked for vacant units$35,900

Rented Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1954
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage3.90%
Home Equity Loan2.60%
Simple Mortgage50%
Debt Free43.50%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15%