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Wednesday, September 10, 2025

Danville home prices fall in the first quarter of 2019

Webp realestate2

The median sale price of a home sold in the first quarter of 2019 in Danville fell by $17,550 while total sales increased by 100%, according to BlockShopper.com.

From January through March of 2019, there were four homes sold, with a median sale price of $69,450 - a 20.2% decrease over the $87,000 median sale price for the same period of the previous year. There were two homes sold in Danville in the first quarter of 2018.

The median sales tax in Danville for 2019 was $983. In 2018, the median sales tax was $989. This marks an decrease of 0.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.4%.

The following table compares Danville to other Knox County cities in the first quarter of 2019:

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Centerburg67-14.3%$179,375$200,000-10.3%
Apple Valley2529-13.8%$140,000$135,0003.7%
Fredericktown10911.1%$113,000$110,0002.7%
Mount Vernon3245-28.9%$97,500$85,00014.7%
Danville42100%$69,450$87,000-20.2%
Gambier00-$0$0-

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