Danville, IL — Momentum Score, Home Values & Best-For

All states·Illinois·Danville

Vermilion County · Danville · population 27,981

AffordabilityShrinking
Danville, IL
Image: Wikipedia · Danville, Illinois
OverviewCost of livingMoving guide
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46
Cooling
Momentum score · 0–100

Where Danville stands

Home values down 4.1% in the last year. population shrinking 1.1% per year. rents up 5.2% in the last year.

Median home $78,099
1-year -4.1%
5-yr CAGR +2.4%
vs 5-yr peak -5.4%
Population -1.1%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2025-02$78k$55k$65k$75k$86k201620182020202220242026

Lifestyle scores

🚶
Walkability
32/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
15/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
56/100
Workable for remote workers
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$854/mo$600$753$905202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent103134100120202220242026

Rent vs buy

Price-to-rent ratio: 7.6
Buy

At a 7.6 price-to-rent ratio, buying generally beats renting in Danville on a long-enough horizon. The headline math is that one year of mortgage payments approximates 7.6 years of rent — well below the 15+ threshold where ownership starts to dominate.

How the momentum score breaks down

methodology →
Home YoY
30 · w22%
Home 5-yr CAGR
49 · w22%
Distance from peak
59 · w18%
Population growth
29 · w16%
Rent YoY
80 · w12%
Home 10-yr CAGR
39 · w10%
Long thesis

Danville has held up across the cycle: home values at $78,099 with +2.4% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Danville is down 4.1% over the last 12 months and the trend isn't flattening. Falling knife rule applies: you don't catch one with your hands, you wait for it to hit the floor and stop moving.

About Danville

Danville is a city in Vermilion County, Illinois, with an estimated population of 27,981. The population has contracted 1.1% per year on average since 2020. The median home value in Danville is $78,099 as of 2026-04, down 4.1% over the last 12 months. Over the last five years, home values have averaged +2.4% annual growth (-5.4% from the 5-year peak). Rents in Danville average $854 per month, up 5.2% year-over-year. The composite momentum score is 46 of 100 (Cooling). Buyers may find more room to negotiate; sellers should price realistically.

▲ Bull case

●Cheap entry point: $78,099 median home is well below the US median of $355k — room to grow without overpaying.
●Hot rental market: rents up 5.2% YoY — landlords have pricing power, supports new investment math.

▼ Bear case

●Net out-migration: population shrinking 1.1% per year — services, schools, and tax base will follow.
●Cooling: -4.1% over the trailing year — momentum has stalled.
●Stagnant long-run trend: +1.9% 10-year CAGR plus flat population — appreciation case is weak.

About Danville (Wikipedia)

Danville is a city in Vermilion County, Illinois, United States, and its county seat. The population was 29,204 as of the 2020 census. It is the principal city of the Danville micropolitan area.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

Playbook

Buyer

You have leverage. Negotiate price, ask for closing-cost credits, and don't waive inspection. Walk-away power is real in a Cooling market — use it.

Seller

Price aggressively (at or below recent sold comps) or be prepared to wait. Concessions — rate buydowns, closing costs, repair credits — are how deals close right now.

Investor

Cap rates are more attractive than they were 12 months ago but the appreciation tailwind is gone. Confirm tenant demand, vacancy rates, and exit liquidity before committing capital.

Local safety & alerts

No active National Weather Service alerts for Vermilion County right now.

NWS active alerts (IL)Illinois Emergency ManagementHow to prepare (NWS)

Public-safety links are official .gov sources, not curated by us. Vermilion County routes NWS alerts; check the state EM portal for non-weather emergencies.

Neighborhoods of Danville

7 tracked · ranked by median home value
1Meadowlawn Area$95,603+3.4%
2Holiday Hills$74,472+16.1%
3Lincoln Park$72,061-4.9%
4Vermilipn Heights$57,027-18.7%
5Center City$41,648-0.7%
6Rabbittown$40,839-4.7%
7Oaklawn Fairweight$25,955-26.2%

Cities like Danville

Harrisburg, IL37 · CoolingSteger, IL49 · StableCrestwood, IL38 · CoolingCalumet City, IL58 · Stable

Run the numbers for Danville

ToolCan I afford Danville?Income → city shortlistToolROI on a Danville rentalCap rate, cash-on-cash, DSCRToolCompare Danville to anywhereSide-by-side up to 3 citiesToolDanville cost-of-livingEquivalent income elsewhere

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
33° / 18°
avg high / low
Summer (Jul)
85° / 64°
avg high / low
Sunny days/yr
189
~52% of year
Annual precip
38″ rain
22″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
High
Wildfire
Very low
Earthquake
Low
Flood
Moderate

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Danville listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local sports teams

Major professional teams the Danville area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Local economy & environment

Humidity
71%
Humid climate
Median household income
$78,400
Illinois state median
Top industries (state-level)
FinanceManufacturingHealthcare

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

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