Danville, IN Real Estate
According to census data in the year 2000 there were 2,435 housing units in Danville.
This represents a 41.7% growth from 1,719 in 1990.
Of those housing units, 2,422 were located in either urbanized areas or urban clusters, and 13 were located in what is classified as a rural area.
Homeownership rate in Danville is about 73.5%.
Danville's vacancy rate, including seasonal lodging, is about 6.4%.
Average household size is 2.64 people.
The majority of houses, apartments or condos in Danville were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 10.40% |
| Two Bedrooms | 19% |
| Three Bedrooms | 55.70% |
| Four Bedrooms | 10.60% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.73 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $125,500 |
| Median Price asked for vacant units | $126,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $621 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.40% |
| Home Equity Loan | 5.80% |
| Simple Mortgage | 63% |
| Debt Free | 21.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18% |
