Danville, CA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Danville, CA Housing Market Trends

With a population of 44,510, 16,053 total housing units (homes and apartments), and a median house value of $1,080,513, Danville house prices are not only among the most expensive in California, Danville real estate also is some of the most expensive in all of America.

Danville is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Danville than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Danville. Owner-occupied housing accounts for 83.46% of Danville's homes, and 75.01% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Danville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Danville built between 1940-1969 ( 21.29%). A lesser amount of the housing stock also hails from between 2000 and later ( 5.61%). There's also some housing in Danville built before 1939 ( 1.09%).

Danville Home Appreciation Rates

Appreciation rates for homes in Danville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 44.39%, which ranks in the top 50% nationwide. This equates to an annual average Danville house appreciation rate of 3.74%.

Over the last year, Danville appreciation rates have trailed the rest of the nation. In the last twelve months, Danville's appreciation rate has been 1.24%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Danville were at 1.62%, which equates to an annual appreciation rate of 6.64%.

Notably, Danville's appreciation rate in the latest quarter is one of the lowest in America.

Relative to California, our data show that Danville's latest annual appreciation rate is lower than 90% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Danville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Danville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Danville real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$1,080,513

Danville, CA HOME PRICES

> $1,005,000
62.0%
62.0%
$754,001 - $1,005,000
24.9%
24.9%
$502,001 - $754,000
9.2%
9.2%
$402,001 - $502,000
1.5%
1.5%
$302,001 - $402,000
0.7%
0.7%
$201,001 - $302,000
0.1%
0.1%
$101,001 - $201,000
0.5%
0.5%
$50,001 - $101,000
0.5%
0.5%
$0 - $50,000
0.7%
0.7%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for CA

Value Relative To Nation

Number Of Homes And Apartments:
16,053

Danville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
87.12% 2.96%
1
6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$4,675 / per month

Homeownership Rate

Owners
83.5%
83.5%
Renters
16.5%
16.5%
Vacant
3.0%
3.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
5.6%
5.6%
1970 - 1999
72.0%
72.0%
1940 - 1969
21.3%
21.3%
1939 or Older
1.1%
1.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
72.6%
72.6%
Townhomes
16.8%
16.8%
Small Apt. Buildings
1.8%
1.8%
Apt. Complexes
8.8%
8.8%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.4%
2.4%
1 Bedroom
2.0%
2.0%
2 Bedrooms
10.7%
10.7%
3 Bedrooms
33.2%
33.2%
4 Bedrooms
41.8%
41.8%
5 or more bedrooms
9.9%
9.9%
0.0% 100.0%
% OF HOMES