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Wednesday, September 10, 2025

Danville home prices rise in 2018

Webp realestate077

The median sale price of a home sold in 2018 in Danville rose by $24,500 while total sales increased by 30%, according to BlockShopper.com.

From January through December of 2018, there were 13 homes sold, with a median sale price of $73,500 - a 50% increase over the $49,000 median sale price for the previous year. There were 10 homes sold in Danville in 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 1.3%.

The following table compares Danville to other Knox County cities in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Gambier89-11.1%$196,500$142,50037.9%
Centerburg2328-17.9%$159,000$102,109.5055.7%
Apple Valley1971941.5%$159,000$150,0006%
Fredericktown44417.3%$107,415$90,50018.7%
Mount Vernon239256-6.6%$100,000$98,456.501.6%
Danville131030%$73,500$49,00050%

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