Danville, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Danville, CA Real Estate Data

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 Q1 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Danville Housing Market Information

With 44,786 people, 15,816 houses or apartments, and a median cost of homes of $1,185,555, 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 84.52% of Danville's homes, and 73.19% 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 ( 23.38%). A lesser amount of the housing stock also hails from between 2000 and later ( 5.43%). There's also some housing in Danville built before 1939 ( 1.24%).

Danville Home Appreciation Rates

In the last 10 years, Danville has experienced some of the highest home appreciation rates of any community in the nation. Danville real estate appreciated 43.99% over the last ten years, which is an average annual home appreciation rate of 3.71%, putting Danville in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Danville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

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 -2.59%, 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 -0.63%, which equates to an annual appreciation rate of -2.51%.

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 80% 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:
$1,185,555

Danville, CA HOME PRICES

Value Range
> $1,180,000 47.0
$885,001 - $1,180,000 31.8
$590,001 - $885,000 15.2
$472,001 - $590,000 2.3
$354,001 - $472,000 0.9
$236,001 - $354,000 0.2
$118,001 - $236,000 0.5
$59,001 - $118,000 0.4
$0 - $59,000 1.7

Very High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
0.770802919708029 8.38794233289646

Number Of Homes And Apartments:
15,816

Danville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2018 Q4 - 2019 Q1
Last 12 Months:
2018 Q1 - 2019 Q1
Last 2 Years:
2017 Q1 - 2019 Q1
Last 5 Years:
2014 Q1 - 2019 Q1
Last 10 Years:
2009 Q1 - 2019 Q1
Since 2000:
2000 Q1 - 2019 Q1
101.64% 3.71%
5
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$4,331 / per month

Homeownership Rate

Homeownership
Owners 84.52
Renters 15.48
Vacant 3.25

Housing Market Details

 

Age of Homes

AGE OF Danville HOMES
2000 or Newer 5.4
1970 - 1999 70.0
1940 - 1969 23.4
1939 or Older 1.2

Types of Homes

TYPE OF Danville HOMES
Single-Family 75.9
Townhomes 14.4
Small Apt. Buildings 2.1
Apt. Complexes 7.6
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Danville HOMES
No Bedroom 1.74
1 Bedroom 3.03
2 Bedrooms 10.87
3 Bedrooms 30.64
4 Bedrooms 42.55
5 or more bedrooms 11.17