DANVILLE REAL ESTATE STATISTICS
According to data posted on Sperling’s Best Places (bestplaces.net), the two zip codes that comprise the city of Danville are among the most desirable places to live in the whole United States. Despite the ongoing economic slump, Danville’s real estate market is booming.
There are currently about a hundred single family homes for sale in Danville. The price range runs from a downtown ranch-style home for about $650,000, to a Blackhawk mansion for 22 million. Property taxes remain comfortably low at about $7.60 per $1,000 of home value.
The median age of a home in Danville is a relatively youthful 26 years. This is because Danville has more new homes than nearby cities like Walnut Creek, Livermore, and even San Ramon. Roughly one in five Danville homes was built after 1999.
That partly explains why the median home price for Danville is more than $775,000, and more than eighty percent of Danville homes are priced at over half a million dollars. The price of housing in the city of Danville is more than five times the national average, but most residents remain unburdened by the cost. About four out of five Danville homes are occupied by their owners, and roughly two-thirds of Danville’s residents earn more than $100,000 a year.