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Wednesday, September 10, 2025

Danville home prices fall in the second half of 2019

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The median sale price of a home sold in the second half of 2019 in Danville fell by $4,500 while total sales increased by 125%, according to BlockShopper.com.

From July through December of 2019, there were nine homes sold, with a median sale price of $75,500 - a 5.6% decrease over the $80,000 median sale price for the same period of the previous year. There were four homes sold in Danville in the second half 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 1.3%.

The following table compares Danville to other Knox County cities in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Gambier35-40%$273,000$245,00011.4%
Apple Valley84101-16.8%$180,000$165,0009.1%
Centerburg10666.7%$157,450$199,250-21%
Mount Vernon1291290%$125,000$103,50020.8%
Fredericktown372176.2%$123,000$118,0004.2%
Danville94125%$75,500$80,000-5.6%

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