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DANVILLE, IL 61834

Real Estate Market Report  ·  Vermilion County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
6
⇩ 40% vs 10 last year
Pending
2
33% pending ratio
Median Price
$176,750
⇧ 28.9% vs $137,175 last year
Average Price
$186,850
⇧ 21.7% vs $153,483 last year
Days on Market
60
⇩ 34.1% vs 91 days last year

Market Context

Population: 8,281  ·  Density: 29.9/mi²  ·  Median household income: $81,250

Typical home value: $145,353  ·  Homeownership: 85.0%

Market Analysis

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

The DANVILLE, IL real estate market (61834) currently shows 6 active listings, with 2 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 60 days on market compared to 91 days last year.

The median listing price has risen 28.9% year-over-year, from $137,175 to $176,750.

Whether you are buying or selling in DANVILLE, IL, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 10 last year
  • Days on market: 60 now vs 91 last year

Median & Average Pricing

Year over Year
  • Median: $176,750 (+28.9% YoY)
  • Average: $186,850 (+21.7% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.8 miles — 46 listings ($6,951,118 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61834Danville, IL 618340.0 mi6$1,121,100$176,750$186,850
61833Tilton, IL 618334.5 mi6$551,760$59,900$91,960
61858Oakwood, IL 618586.9 mi5$733,665$151,250$146,733
61817Catlin, IL 6181710.1 mi4$675,532$177,500$168,883
61844Fithian, IL 6184412.3 mi2$609,800$304,900$304,900
61865Potomac, IL 6186512.8 mi1$86,425$86,425$86,425
61846Georgetown, IL 6184613.1 mi10$1,122,120$83,500$112,212
60963Rossville, IL 6096314.1 mi3$493,350$164,450$164,450
47993Williamsport, IN 4799315.6 mi5$1,135,900$242,000$227,180
61850Indianola, IL 6185017.1 mi1$39,900$39,900$39,900
61870Ridge Farm, IL 6187018.1 mi2$226,666$120,000$113,333
61862Penfield, IL 6186219.0 mi0$0$32,000$32,000
61876Sidell, IL 6187620.8 mi1$154,900$154,900$154,900

Frequently Asked Questions

How many homes are for sale in DANVILLE, IL 61834?

As of January 2026, there are 6 active listings in DANVILLE, IL (zip code 61834), compared to 10 the prior year.

What is the median home price in DANVILLE, IL 61834?

The median listing price in DANVILLE, IL 61834 is $176,750 as of January 2026, a 28.9% increase from $137,175 the prior year.

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

Homes in DANVILLE, IL 61834 spend an average of 60 days on the market before going under contract, compared to 91 days the prior year.

Is it a seller's or buyer's market in DANVILLE, IL 61834?

Based on current inventory and days-on-market data as of January 2026, DANVILLE, IL 61834 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 60 days on market compared to 91 days last year.

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

With SELL123.com's maximum 3% commission, sellers in DANVILLE, IL 61834 save an estimated $3,535 compared to a typical 5% commission on the median listing price of $176,750. 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.