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DANVILLE, VA 24541

Real Estate Market Report
Buyer's Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The DANVILLE, VA real estate market (24541) currently shows 166 active listings, with 28 pending sales. Homes are averaging 61 days on the market before going under contract.

Inventory has increased compared to last year, with 44 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 61 days on market compared to 53 days last year.

The median listing price has fallen 6.4% year-over-year, from $267,000 to $249,900.

Whether you are buying or selling in DANVILLE, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 28,428  ·  Density: 146.0/mi²  ·  Median household income: $47,587

Typical home value: $125,635  ·  Homeownership: 54.7%

Market Overview

Active Listings
166
⇧ 36.1% vs 122 last year
Pending
28
17% pending ratio
Median Price
$249,900
⇩ 6.4% vs $267,000 last year
Average Price
$332,208
⇩ 1.8% vs $338,280 last year
Days on Market
61
⇧ 15.1% vs 53 days last year

Price Per Square Foot

Median $/sqft
$135
vs $135/sqft last year
Median Home Size
1,524 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 166 this year vs 122 last year
  • Days on market: 61 now vs 53 last year

Median & Average Pricing

Year over Year
  • Median: $249,900 (-6.4% YoY)
  • Average: $332,208 (-1.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.7 miles — 314 listings ($120,737,158 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24541Danville, VA 245410.0 mi97$30,708,454$248,950$316,582
24069Cascade, VA 240696.8 mi9$2,327,535$237,250$258,615
24549Dry Fork, VA 245498.7 mi13$4,907,032$330,000$377,464
27326Ruffin, NC 273269.6 mi9$2,899,557$289,975$322,173
24586Ringgold, VA 2458613.0 mi9$2,899,467$311,675$322,163
27288Eden, NC 2728814.3 mi97$24,523,346$199,450$252,818
27305Milton, NC 2730516.8 mi5$3,323,715$299,950$664,743
27379Yanceyville, NC 2737917.5 mi11$3,822,280$269,575$347,480
24594Sutherlin, VA 2459418.7 mi3$2,122,500$707,500$707,500
24148Ridgeway, VA 2414819.8 mi25$6,968,775$234,250$278,751
27048Stoneville, NC 2704823.5 mi14$4,178,776$283,675$298,484
24137Penhook, VA 2413724.4 mi21$31,705,821$1,118,500$1,509,801
24565Java, VA 2456525.7 mi1$349,900$349,900$349,900

Frequently Asked Questions

How many homes are for sale in DANVILLE, VA 24541?

As of June 2026, there are 166 active listings in DANVILLE, VA (zip code 24541), compared to 122 the prior year.

What is the median home price in DANVILLE, VA 24541?

The median listing price in DANVILLE, VA 24541 is $249,900 as of June 2026, a 6.4% decrease from $267,000 the prior year.

How long do homes stay on the market in DANVILLE, VA?

Homes in DANVILLE, VA 24541 spend an average of 61 days on the market before going under contract, compared to 53 days the prior year.

Is it a seller's or buyer's market in DANVILLE, VA 24541?

Based on current inventory and days-on-market data as of June 2026, DANVILLE, VA 24541 is currently a Buyer's Market. Inventory has increased compared to last year, with 44 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 61 days on market compared to 53 days last year.

How much can I save on real estate commission in DANVILLE, VA?

With SELL123.com's maximum 3% commission, sellers in DANVILLE, VA 24541 save an estimated $4,998 compared to a typical 5% commission on the median listing price of $249,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.