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Wednesday, September 10, 2025

Danville home prices rise in the first half of 2018

Webp realestate4

The median sale price of a home sold in the first half of 2018 in Danville rose by $19,500 while total sales increased by 50%, according to BlockShopper.com.

From January through June of 2018, there were nine homes sold, with a median sale price of $68,500 - a 39.8% increase over the $49,000 median sale price for the same period of the previous year. There were six homes sold in Danville in the first half of 2017.

The median sales tax in Danville for 2018 was $989. In 2017, the median sales tax was $953. This marks an increase of 3.8%. 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 half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Centerburg171421.4%$159,000$64,000148.4%
Apple Valley96951.1%$151,000$158,000-4.4%
Gambier36-50%$135,000$244,500-44.8%
Fredericktown231735.3%$96,000$61,50056.1%
Mount Vernon1101054.8%$91,750$98,463-6.8%
Danville9650%$68,500$49,00039.8%

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