Danville, VA housing market
Typical home value
$156K
▼ 0.2% 1 yr
Typical rent
$1,143/mo
▲ 5.7% 1 yr
Gross rent yield
8.8%
U.S. 6.3%
5-year home value change
+38%
U.S. +20%
Key takeaways
- 1The typical home in Danville is worth $155,634, down 0.2% over the past year and up 38% over five years.
- 2Typical rent is $1,143 a month (+5.7% YoY), a gross rent yield of 8.8% (above the Danville, VA metro's 8.1%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $855/mo, $288 less than typical rent.
- 4Zillow forecasts the Danville, VA metro's home values to change +2.1% over the next 12 months.
Market temperature (Danville, VA metro)
Seller's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 64/100, #18 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Danville compares
| Measure | Danville | Danville, VA metro | United States |
|---|---|---|---|
| Typical home value | $155,634 | $165,829 | $366,157 |
| Home value, 1-yr change | −0.2% | +1.1% | +1.2% |
| Typical rent | $1,143 | $1,120 | $1,932 |
| Rent, 1-yr change | +5.7% | +5.9% | +2.7% |
| Gross rent yield | 8.8% | 8.1% | 6.3% |
| Price-to-rent ratio | 11.3 | 12.3 | 15.8 |
| Mortgage P&I, typical home | $855 | $911 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Danville rental, pre-filled.
Rent vs buy in Danville
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $156K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.