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Danville, VA Real Estate


According to census data in the year 2000 there were 23,108 housing units in Danville. This represents a 0.8% decline from 23,297 in 1990.

Of those housing units, 21,736 were located in either urbanized areas or urban clusters, and 1,372 were located in what is classified as a rural area.

Homeownership rate in Danville is about 58%. Danville's vacancy rate, including seasonal lodging, is about 10.8%. Average household size is 2.27 people.

The majority of houses, apartments or condos in Danville were built after 1960.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom11.10%
Two Bedrooms39.30%
Three Bedrooms34.80%
Four Bedrooms10.80%
Five Bedrooms or more2.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.3
Median year structure was built1960
Median Value of occupied units$71,900
Median Price asked for vacant units$51,300

Rented Homes, Apartments and Condos

Average Household Size2.22
Median year structure was built1960
Median Monthly Rent asked for vacant units$297

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage5.40%
Home Equity Loan6.60%
Simple Mortgage42.70%
Debt Free45%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.1%