Danville, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Danville Neighborhoods Since 2000




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 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

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

Danville Housing Market Information

With a population of 44,400, 15,568 total housing units (homes and apartments), and a median house value of $1,153,891, 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 83.48% of Danville's homes, and 73.07% 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 ( 25.14%). A lesser amount of the housing stock also hails from between 2000 and later ( 5.21%).

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 15.11% over the last ten years, which is an average annual home appreciation rate of 1.42%, putting Danville in the top 20% 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.

NeighborhoodScout's data show that during the latest twelve months, Danville's appreciation rate, at 4.19%, has been at or slightly above the national average. In the latest quarter, Danville's appreciation rate has been 2.03%, which annualizes to a rate of 8.39%.

Importantly, this makes Danville one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

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:
$1,153,891

Danville, CA HOME PRICES

Value Range
> $1,299,000 34.8
$974,001 - $1,299,000 35.0
$649,001 - $974,000 20.2
$519,001 - $649,000 4.0
$390,001 - $519,000 1.9
$260,001 - $390,000 1.2
$130,001 - $260,000 0.9
$65,001 - $130,000 0.3
$0 - $65,000 1.6

Very High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
0.761748505801008 8.06878306878307

Number Of Homes And Apartments:
15,568

Danville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
89.56% 3.78% 6 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$5,103 / per month

Homeownership Rate

Homeownership
Owners 83.48
Renters 16.52
Vacant 3.24

Housing Market Details

 

Age of Homes

AGE OF Danville HOMES
2000 or Newer 5.2
1970 - 1999 68.9
1940 - 1969 25.1
1939 or Older 0.7

Types of Homes

TYPE OF Danville HOMES
Single-Family 76.3
Townhomes 15.2
Small Apt. Buildings 2.0
Apt. Complexes 6.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Danville HOMES
No Bedroom 1.56
1 Bedroom 2.90
2 Bedrooms 9.88
3 Bedrooms 30.95
4 Bedrooms 42.12
5 or more bedrooms 12.59