DANVILLE Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Danville averaged
6.29%
for the week of 2024-10-10, compared to the national average of
6.32% for the same period.
The average rate for the prior week (2024-10-03) was
6.39% and
one month ago for the week of 2024-09-05, the
average rate was 6.32%.
Danville's average rate one year ago was 7.66%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.72%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
Danville 30 Year Fixed Rate | 2024-10-10 | 6.29% |
Danville 30 Year Fixed Rate Refi | 2024-10-10 | 6.72% |
Danville 15 Year Fixed Rate | 2024-10-10 | 5.31% |
Danville 15 Year Fixed Rate Refi | 2024-10-10 | 5.41% |
Danville 30 Year FHA | 2024-10-10 | 6.35% |
Danville 30 Year FHA Refi | 2024-10-10 | 6.1% |
Danville 30 Year USDA | 2024-10-10 | 6.28% |
Danville 30 Year USDA Refi | 2024-10-10 | 5.98% |
Danville 30 Year VA | 2024-10-10 | 5.95% |
Danville 30 Year VA Refi | 2024-10-10 | 5.75% |
DANVILLE Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the DANVILLE, IL market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
DANVILLE Average Closing Costs & Other Stats
DANVILLE, IL's 52 lenders originated 900
loans during 2023. The total origination value was $91,230,000, with an average loan value of
$101,367.
DANVILLE's average closing costs are $3,572.
The top DANVILLE lender as defined by loan originations is 1786, with
30 loans originated. Their average total fees are
$1,899, which is $48
lower than the next largest lender,
Iroquois Federal Savings and Loan Association.
The lowest fee DANVILLE lenders (with over 10 loans originated) are
1786 ($1,899), Iroquois Federal Savings and Loan Association ($1,947), First Farmers Bank and Trust Company ($2,083), FLAT BRANCH MORTGAGE, INC. ($2,870) and CROSSCOUNTRY MORTGAGE, LLC ($4,659).
The lowest rate DANVILLE lenders (with over 10 loans originated) are
1786 (6.68%), FLAT BRANCH MORTGAGE, INC. (6.69%), Iroquois Federal Savings and Loan Association (6.79%), CROSSCOUNTRY MORTGAGE, LLC (7.27%) and First Farmers Bank and Trust Company (7.30%).
DANVILLE, IL Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
Name | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
---|---|---|---|---|
FLAT BRANCH MORTGAGE, INC. | $9,965,000 | $8,730,000 | -12.4% | 9.6% |
The Fisher National Bank | $140,000 | $8,505,000 | 5,975.0% | 9.3% |
CROSSCOUNTRY MORTGAGE, LLC | $6,805,000 | $7,850,000 | 15.4% | 8.6% |
Iroquois Federal Savings and Loan Association | $12,270,000 | $7,185,000 | -41.4% | 7.9% |
1786 | $6,450,000 | n/a | 7.1% | |
Catlin Bank | $16,445,000 | $4,795,000 | -70.8% | 5.3% |
QUICKEN LOANS, LLC | $5,725,000 | $4,565,000 | -20.3% | 5.0% |
Mortgage Research Center, LLC | $4,120,000 | $4,480,000 | 8.7% | 4.9% |
The Gifford State Bank | $3,160,000 | n/a | 3.5% | |
First Farmers Bank and Trust Company | $2,535,000 | $2,725,000 | 7.5% | 3.0% |
Old National Bank | $3,315,000 | $2,695,000 | -18.7% | 3.0% |
First Financial Bank | $590,000 | $2,230,000 | 278.0% | 2.4% |
Busey Bank | $3,615,000 | $1,710,000 | -52.7% | 1.9% |
The Fountain Trust Company | $1,540,000 | n/a | 1.7% | |
FIRST STATE MORTGAGE SERVICES, LLC | $370,000 | $910,000 | 145.9% | 1.0% |
UNITED WHOLESALE MORTGAGE, LLC | $2,155,000 | $910,000 | -57.8% | 1.0% |
Magnolia Bank | $1,650,000 | $825,000 | -50.0% | 0.9% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $315,000 | $810,000 | 157.1% | 0.9% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $410,000 | $790,000 | 92.7% | 0.9% |
CALIBER HOME LOANS, INC. | $1,350,000 | $770,000 | -43.0% | 0.8% |
The Huntington National Bank | $1,040,000 | $750,000 | -27.9% | 0.8% |
NAVY FEDERAL CREDIT UNION | $395,000 | $720,000 | 82.3% | 0.8% |
Wells Fargo Bank | $985,000 | $650,000 | -34.0% | 0.7% |
ROYAL UNITED MORTGAGE LLC | $405,000 | $610,000 | 50.6% | 0.7% |
NEWREZ LLC | $110,000 | $590,000 | 436.4% | 0.6% |
UNIVERSITY OF ILLINOIS COMMUNITY | $275,000 | $550,000 | 100.0% | 0.6% |
U.S. Bank | $225,000 | $450,000 | 100.0% | 0.5% |
LOANDEPOT.COM, LLC | $2,185,000 | $445,000 | -79.6% | 0.5% |
NEW DAY FINANCIAL, LLC | $555,000 | $430,000 | -22.5% | 0.5% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $415,000 | n/a | 0.5% | |
USAA Federal Savings Bank | $320,000 | $410,000 | 28.1% | 0.4% |
POINT Mortgage | $380,000 | n/a | 0.4% | |
First State Bank | $210,000 | $375,000 | 78.6% | 0.4% |
JPMorgan Chase Bank | $1,175,000 | $375,000 | -68.1% | 0.4% |
21ST MORTGAGE CORPORATION | $100,000 | $370,000 | 270.0% | 0.4% |
Prairie State Bank and Trust | $180,000 | $365,000 | 102.8% | 0.4% |
HOMESIDE FINANCIAL, LLC | $195,000 | $355,000 | 82.1% | 0.4% |
TRIAD FINANCIAL SERVICES, INC. | $335,000 | $340,000 | 1.5% | 0.4% |
INB | $710,000 | $330,000 | -53.5% | 0.4% |
First Financial Bank | $590,000 | $320,000 | -45.8% | 0.4% |
PENNYMAC LOAN SERVICES, LLC | $365,000 | $315,000 | -13.7% | 0.3% |
The First National Bank of Carmi | $315,000 | n/a | 0.3% | |
BROKER SOLUTIONS, INC. | $190,000 | $310,000 | 63.2% | 0.3% |
PNC Bank | $230,000 | $310,000 | 34.8% | 0.3% |
Carrington Mortgage Services, LLC | $375,000 | $290,000 | -22.7% | 0.3% |
Mr. Cooper ( Nationstar Mortgage ) | $1,100,000 | $290,000 | -73.6% | 0.3% |
First Mid Bank & Trust | $465,000 | $280,000 | -39.8% | 0.3% |
Heartland Bank and Trust Company | $235,000 | $270,000 | 14.9% | 0.3% |
Midland States Bank | $390,000 | $270,000 | -30.8% | 0.3% |
North American Savings Bank, F.S.B. | $265,000 | n/a | 0.3% | |
Petefish, Skiles & Co. | $270,000 | $265,000 | -1.9% | 0.3% |
DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $260,000 | n/a | 0.3% | |
Terre Haute Savings Bank | $260,000 | n/a | 0.3% | |
Prospect Bank | $360,000 | $250,000 | -30.6% | 0.3% |
Equity Prime Mortgage LLC | $160,000 | $240,000 | 50.0% | 0.3% |
Nations Lending Corporation | $95,000 | $235,000 | 147.4% | 0.3% |
SOVEREIGN LENDING GROUP INCORPORATED | $195,000 | $235,000 | 20.5% | 0.3% |
Morton Community Bank | $220,000 | n/a | 0.2% | |
The Farmers Bank, Frankfort, Indiana | $205,000 | n/a | 0.2% | |
CARDINAL FINANCIAL | $85,000 | $190,000 | 123.5% | 0.2% |
MEMBER FIRST MORTGAGE, LLC | $245,000 | $190,000 | -22.4% | 0.2% |
PENTAGON FEDERAL CREDIT UNION | $45,000 | $185,000 | 311.1% | 0.2% |
BETTER MORTGAGE CORPORATION | $265,000 | $175,000 | -34.0% | 0.2% |
RUOFF MORTGAGE COMPANY, INC. | $55,000 | $170,000 | 209.1% | 0.2% |
ENDEAVOR CAPITAL, LLC. | $155,000 | $165,000 | 6.5% | 0.2% |
Hickory Point Bank and Trust | $150,000 | $165,000 | 10.0% | 0.2% |
PURDUE FEDERAL CREDIT UNION | $165,000 | n/a | 0.2% | |
American Mortgage & Equity Consultants, Inc. | $155,000 | n/a | 0.2% | |
Discover Bank | $155,000 | n/a | 0.2% | |
Farm Credit Mid-America, ACA | $295,000 | $155,000 | -47.5% | 0.2% |
A&D Mortgage LLC | $145,000 | n/a | 0.2% | |
Citizens Bank | $475,000 | $145,000 | -69.5% | 0.2% |
MUTUAL OF OMAHA MORTGAGE, INC. | $205,000 | $140,000 | -31.7% | 0.2% |
Dieterich Bank | $135,000 | n/a | 0.1% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $135,000 | n/a | 0.1% | |
Bank of Gibson City | $125,000 | n/a | 0.1% | |
FRONTIER FINANCIAL, INC. | $125,000 | n/a | 0.1% | |
ZILLOW HOME LOANS, LLC | $125,000 | n/a | 0.1% | |
GUARANTEED RATE, INC. | $325,000 | $120,000 | -63.1% | 0.1% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $115,000 | n/a | 0.1% | |
Barrington Bank & Trust Company, N.A. | $115,000 | n/a | 0.1% | |
Bank of Springfield | $105,000 | n/a | 0.1% | |
First National Bank of America | $105,000 | n/a | 0.1% | |
United Community Bank | $105,000 | n/a | 0.1% | |
University Bank | $105,000 | n/a | 0.1% | |
MIDWEST AMERICA | $745,000 | $100,000 | -86.6% | 0.1% |
DRAPER AND KRAMER MORTGAGE CORP. | $95,000 | n/a | 0.1% | |
FINANCE OF AMERICA MORTGAGE LLC | $765,000 | $85,000 | -88.9% | 0.1% |
First Option Mortgage, LLC | $85,000 | n/a | 0.1% | |
GUARANTY HOME MORTGAGE CORPORATION | $85,000 | n/a | 0.1% | |
GVC MORTGAGE, INC. | $85,000 | n/a | 0.1% | |
Ixonia Bank | $85,000 | n/a | 0.1% | |
AMERISAVE MORTGAGE CORPORATION | $720,000 | $75,000 | -89.6% | 0.1% |
Bank of America | $75,000 | n/a | 0.1% | |
Peoples Bank of Kankakee County | $75,000 | n/a | 0.1% | |
Coastal Community Bank | $65,000 | n/a | 0.1% | |
Credit Union 1 | $170,000 | $65,000 | -61.8% | 0.1% |
Federated Bank | $65,000 | n/a | 0.1% | |
CIBM Bank | $1,405,000 | $55,000 | -96.1% | 0.1% |
Flagstar Bank, FSB | $325,000 | $55,000 | -83.1% | 0.1% |
FREEDOM MORTGAGE CORPORATION | $955,000 | $55,000 | -94.2% | 0.1% |
Northpointe Bank | $90,000 | $55,000 | -38.9% | 0.1% |
UNION HOME MORTGAGE CORP. | $55,000 | n/a | 0.1% | |
Figure Lending LLC | $95,000 | $35,000 | -63.2% | 0.0% |
GREAT LAKES | $35,000 | n/a | 0.0% | |
SCOTT CREDIT UNION | $35,000 | n/a | 0.0% | |
Scott State Bank | $35,000 | n/a | 0.0% | |
Lakeview Community Capital, LLC | $25,000 | n/a | 0.0% |
DANVILLE's top lender by overall market share is FLAT BRANCH MORTGAGE, INC., with 9.6% market share. In second place, with 9.3%, is The Fisher National Bank, having originated $8,505,000 in loans. In third place, with 8.6%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $7,850,000 in loans. In fourth place, with 7.9%, is Iroquois Federal Savings and Loan Association, having originated $7,185,000 in loans. In fifth place, with 7.1%, is 1786, having originated $6,450,000 in loans.
DANVILLE Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - DANVILLE (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $69,900 (7.9%) | $100,306 (12.9%) | 0.00 | 286 |
2018-02-01 | $72,700 (12.0%) | $101,759 (12.2%) | 0.00 | 286 |
2018-03-01 | $73,500 (13.2%) | $105,178 (12.5%) | 0.00 | 296 |
2018-04-01 | $77,250 (19.0%) | $109,535 (18.4%) | 0.00 | 296 |
2018-05-01 | $83,750 (21.2%) | $110,563 (9.9%) | 0.00 | 307 |
2018-06-01 | $85,000 (25.2%) | $110,115 (10.5%) | 0.00 | 312 |
2018-07-01 | $84,900 (23.1%) | $111,237 (8.1%) | 0.00 | 322 |
2018-08-01 | $83,850 (17.7%) | $110,002 (4.4%) | 0.00 | 334 |
2018-09-01 | $79,945 (14.5%) | $110,200 (8.2%) | 0.00 | 327 |
2018-10-01 | $80,000 (15.9%) | $109,042 (6.1%) | 0.00 | 334 |
2018-11-01 | $82,125 (20.8%) | $112,224 (9.4%) | 0.00 | 317 |
2018-12-01 | $79,900 (14.3%) | $112,647 (11.3%) | 0.00 | 316 |
2019-01-01 | $77,125 (10.3%) | $111,566 (11.2%) | 0.00 | 310 |
2019-02-01 | $79,700 (9.6%) | $115,476 (13.5%) | 0.00 | 295 |
2019-03-01 | $82,900 (12.8%) | $116,367 (10.6%) | 0.00 | 288 |
2019-04-01 | $86,425 (11.9%) | $117,184 (7.0%) | 0.00 | 291 |
2019-05-01 | $84,900 (1.4%) | $119,015 (7.6%) | 0.00 | 297 |
2019-06-01 | $87,250 (2.7%) | $120,180 (9.1%) | 0.00 | 302 |
2019-07-01 | $88,300 (4.0%) | $118,710 (6.7%) | 0.00 | 300 |
2019-08-01 | $86,291 (2.9%) | $117,505 (6.8%) | 0.00 | 295 |
2019-09-01 | $83,877 (4.9%) | $115,508 (4.8%) | 0.00 | 290 |
2019-10-01 | $82,268 (2.8%) | $114,177 (4.7%) | 0.00 | 283 |
2019-11-01 | $84,400 (2.8%) | $113,686 (1.3%) | 0.00 | 273 |
2019-12-01 | $75,000 (-6.1%) | $106,960 (-5.1%) | 0.00 | 268 |
2020-01-01 | $79,000 (2.4%) | $109,821 (-1.6%) | 0.00 | 255 |
2020-02-01 | $79,900 (0.3%) | $109,685 (-5.0%) | 0.00 | 239 |
2020-03-01 | $78,750 (-5.0%) | $112,082 (-3.7%) | 0.00 | 207 |
2020-04-01 | $81,475 (-5.7%) | $117,672 (0.4%) | 0.00 | 200 |
2020-05-01 | $85,000 (0.1%) | $119,176 (0.1%) | 0.00 | 182 |
2020-06-01 | $91,225 (4.6%) | $121,803 (1.4%) | 0.00 | 172 |
2020-07-01 | $93,850 (6.3%) | $119,751 (0.9%) | 0.00 | 167 |
2020-08-01 | $93,750 (8.6%) | $123,022 (4.7%) | 0.00 | 171 |
2020-09-01 | $89,600 (6.8%) | $120,035 (3.9%) | 0.00 | 180 |
2020-10-01 | $89,000 (8.2%) | $118,074 (3.4%) | 0.00 | 181 |
2020-11-01 | $92,175 (9.2%) | $124,041 (9.1%) | 0.00 | 160 |
2020-12-01 | $87,875 (17.2%) | $124,756 (16.6%) | 0.00 | 140 |
2021-01-01 | $87,750 (11.1%) | $127,536 (16.1%) | 0.00 | 117 |
2021-02-01 | $86,625 (8.4%) | $134,726 (22.8%) | 0.00 | 100 |
2021-03-01 | $94,925 (20.5%) | $134,907 (20.4%) | 0.00 | 87 |
2021-04-01 | $84,125 (3.3%) | $132,985 (13.0%) | 0.00 | 72 |
2021-05-01 | $89,450 (5.2%) | $133,873 (12.3%) | 0.00 | 79 |
2021-06-01 | $97,375 (6.7%) | $136,972 (12.5%) | 0.00 | 98 |
2021-07-01 | $104,900 (11.8%) | $135,734 (13.4%) | 0.00 | 92 |
2021-08-01 | $99,050 (5.7%) | $122,900 (-0.1%) | 0.00 | 97 |
2021-09-01 | $99,900 (11.5%) | $118,606 (-1.2%) | 0.00 | 107 |
2021-10-01 | $109,000 (22.5%) | $130,473 (10.5%) | 0.00 | 102 |
2021-11-01 | $102,475 (11.2%) | $128,280 (3.4%) | 0.00 | 103 |
2021-12-01 | $92,200 (4.9%) | $119,014 (-4.6%) | 0.00 | 84 |
2022-01-01 | $85,000 (-3.1%) | $114,150 (-10.5%) | 0.00 | 72 |
2022-02-01 | $80,000 (-7.7%) | $112,683 (-16.4%) | 0.00 | 58 |
2022-03-01 | $79,900 (-15.8%) | $128,861 (-4.5%) | 0.00 | 59 |
2022-04-01 | $94,950 (12.9%) | $140,690 (5.8%) | 0.00 | 64 |
2022-05-01 | $117,500 (31.4%) | $156,928 (17.2%) | 0.00 | 65 |
2022-06-01 | $103,225 (6.0%) | $167,534 (22.3%) | 0.00 | 69 |
2022-07-01 | $110,000 (4.9%) | $156,436 (15.3%) | 0.00 | 90 |
2022-08-01 | $119,900 (21.1%) | $167,529 (36.3%) | 0.00 | 99 |
2022-09-01 | $100,975 (1.1%) | $153,957 (29.8%) | 0.00 | 116 |
2022-10-01 | $99,900 (-8.4%) | $141,084 (8.1%) | 0.00 | 121 |
2022-11-01 | $110,975 (8.3%) | $124,913 (-2.6%) | 0.00 | 133 |
2022-12-01 | $110,000 (19.3%) | $126,200 (6.0%) | 0.00 | 116 |
2023-01-01 | $99,900 (17.5%) | $124,578 (9.1%) | 0.00 | 103 |
2023-02-01 | $102,400 (28.0%) | $128,283 (13.8%) | 0.00 | 86 |
2023-03-01 | $109,850 (37.5%) | $130,271 (1.1%) | 0.00 | 81 |
2023-04-01 | $99,900 (5.2%) | $129,754 (-7.8%) | 0.00 | 83 |
2023-05-01 | $96,150 (-18.2%) | $127,314 (-18.9%) | 0.00 | 86 |
2023-06-01 | $99,900 (-3.2%) | $133,468 (-20.3%) | 0.00 | 87 |
2023-07-01 | $94,900 (-13.7%) | $123,868 (-20.8%) | 0.00 | 94 |
2023-08-01 | $97,450 (-18.7%) | $124,961 (-25.4%) | 0.00 | 89 |
2023-09-01 | $105,000 (4.0%) | $142,400 (-7.5%) | 0.00 | 106 |
2023-10-01 | $105,000 (5.1%) | $137,730 (-2.4%) | 0.00 | 119 |
2023-11-01 | $105,125 (-5.3%) | $130,863 (4.8%) | 0.00 | 121 |
2023-12-01 | $104,900 (-4.6%) | $129,760 (2.8%) | 0.00 | 115 |
2024-01-01 | $96,950 (-3.0%) | $126,357 (1.4%) | 0.00 | 107 |
2024-02-01 | $88,700 (-13.4%) | $123,489 (-3.7%) | 0.00 | 110 |
2024-03-01 | $89,450 (-18.6%) | $117,855 (-9.5%) | 0.00 | 107 |
2024-04-01 | $79,900 (-20.0%) | $115,902 (-10.7%) | 0.00 | 103 |
2024-05-01 | $121,875 (26.8%) | $131,871 (3.6%) | 0.00 | 85 |
2024-06-01 | $129,450 (29.6%) | $145,734 (9.2%) | 0.00 | 96 |
2024-07-01 | $126,075 (32.9%) | $137,267 (10.8%) | 0.00 | 102 |
2024-08-01 | $128,500 (31.9%) | $144,747 (15.8%) | 0.00 | 115 |
2024-09-01 | $129,000 (22.9%) | $145,860 (2.4%) | 0.00 | 119 |
DANVILLE's median listing price comes in at 0% of the national average.
DANVILLE's average listing price for 2024-09-01 was $145,860, a difference of $3,460 (2.4%) versus the prior year and $1,113 versus the prior month.
For the 2024-09-01 period, DANVILLE had 119 MLS listings, a difference of 4 listings (3%) versus the prior month and 13 listings (12%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - DANVILLE (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,477 sqft |
2018-02-01 | 0 days | 1,465 sqft |
2018-03-01 | 0 days | 1,531 sqft |
2018-04-01 | 0 days | 1,571 sqft |
2018-05-01 | 0 days | 1,591 sqft |
2018-06-01 | 0 days | 1,600 sqft |
2018-07-01 | 0 days | 1,594 sqft |
2018-08-01 | 0 days | 1,600 sqft |
2018-09-01 | 0 days | 1,554 sqft |
2018-10-01 | 0 days | 1,572 sqft |
2018-11-01 | 0 days | 1,590 sqft |
2018-12-01 | 0 days | 1,580 sqft |
2019-01-01 | 0 days | 1,571 sqft |
2019-02-01 | 0 days | 1,561 sqft |
2019-03-01 | 0 days | 1,565 sqft |
2019-04-01 | 0 days | 1,600 sqft |
2019-05-01 | 0 days | 1,600 sqft |
2019-06-01 | 0 days | 1,610 sqft |
2019-07-01 | 0 days | 1,635 sqft |
2019-08-01 | 0 days | 1,621 sqft |
2019-09-01 | 0 days | 1,593 sqft |
2019-10-01 | 0 days | 1,577 sqft |
2019-11-01 | 0 days | 1,600 sqft |
2019-12-01 | 0 days | 1,560 sqft |
2020-01-01 | 0 days | 1,622 sqft |
2020-02-01 | 0 days | 1,611 sqft |
2020-03-01 | 0 days | 1,603 sqft |
2020-04-01 | 0 days | 1,689 sqft |
2020-05-01 | 0 days | 1,688 sqft |
2020-06-01 | 0 days | 1,650 sqft |
2020-07-01 | 0 days | 1,603 sqft |
2020-08-01 | 0 days | 1,624 sqft |
2020-09-01 | 0 days | 1,557 sqft |
2020-10-01 | 0 days | 1,580 sqft |
2020-11-01 | 0 days | 1,649 sqft |
2020-12-01 | 0 days | 1,600 sqft |
2021-01-01 | 0 days | 1,657 sqft |
2021-02-01 | 0 days | 1,600 sqft |
2021-03-01 | 0 days | 1,716 sqft |
2021-04-01 | 0 days | 1,642 sqft |
2021-05-01 | 0 days | 1,558 sqft |
2021-06-01 | 0 days | 1,565 sqft |
2021-07-01 | 0 days | 1,620 sqft |
2021-08-01 | 0 days | 1,522 sqft |
2021-09-01 | 0 days | 1,532 sqft |
2021-10-01 | 0 days | 1,611 sqft |
2021-11-01 | 0 days | 1,529 sqft |
2021-12-01 | 0 days | 1,465 sqft |
2022-01-01 | 0 days | 1,451 sqft |
2022-02-01 | 0 days | 1,440 sqft |
2022-03-01 | 0 days | 1,383 sqft |
2022-04-01 | 0 days | 1,390 sqft |
2022-05-01 | 0 days | 1,509 sqft |
2022-06-01 | 0 days | 1,432 sqft |
2022-07-01 | 0 days | 1,500 sqft |
2022-08-01 | 0 days | 1,643 sqft |
2022-09-01 | 0 days | 1,785 sqft |
2022-10-01 | 0 days | 1,800 sqft |
2022-11-01 | 0 days | 1,573 sqft |
2022-12-01 | 0 days | 1,556 sqft |
2023-01-01 | 0 days | 1,549 sqft |
2023-02-01 | 0 days | 1,589 sqft |
2023-03-01 | 0 days | 1,671 sqft |
2023-04-01 | 0 days | 1,612 sqft |
2023-05-01 | 0 days | 1,580 sqft |
2023-06-01 | 0 days | 1,619 sqft |
2023-07-01 | 0 days | 1,620 sqft |
2023-08-01 | 0 days | 1,632 sqft |
2023-09-01 | 0 days | 1,620 sqft |
2023-10-01 | 0 days | 1,598 sqft |
2023-11-01 | 0 days | 1,535 sqft |
2023-12-01 | 0 days | 1,498 sqft |
2024-01-01 | 0 days | 1,521 sqft |
2024-02-01 | 0 days | 1,531 sqft |
2024-03-01 | 0 days | 1,584 sqft |
2024-04-01 | 0 days | 1,549 sqft |
2024-05-01 | 0 days | 1,629 sqft |
2024-06-01 | 0 days | 1,704 sqft |
2024-07-01 | 0 days | 1,678 sqft |
2024-08-01 | 0 days | 1,651 sqft |
2024-09-01 | 0 days | 1,644 sqft |
DANVILLE's median square footage for active listings during the 2024-09-01 period was 1,644 sqft. One year prior, the average listing was 1,620 sqft.
DANVILLE, IL Average Rent (2023)
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Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
---|---|---|---|---|---|---|
60932 | Danville, IL MSA | $600 | $620 | $810 | $1,030 | $1,090 |
60942 | Danville, IL MSA | $580 | $600 | $790 | $1,000 | $1,060 |
60960 | Danville, IL MSA | $750 | $750 | $880 | $1,130 | $1,200 |
60963 | Danville, IL MSA | $650 | $670 | $880 | $1,110 | $1,180 |
61810 | Danville, IL MSA | $750 | $750 | $880 | $1,130 | $1,200 |
61811 | Danville, IL MSA | $640 | $670 | $880 | $1,120 | $1,200 |
61812 | Danville, IL MSA | $570 | $590 | $770 | $990 | $1,050 |
61814 | Danville, IL MSA | $680 | $710 | $930 | $1,180 | $1,250 |
61817 | Danville, IL MSA | $720 | $740 | $980 | $1,240 | $1,320 |
61831 | Danville, IL MSA | $610 | $630 | $830 | $1,060 | $1,120 |
61832 | Danville, IL MSA | $660 | $680 | $900 | $1,140 | $1,210 |
61833 | Danville, IL MSA | $660 | $680 | $900 | $1,140 | $1,210 |
61834 | Danville, IL MSA | $660 | $680 | $900 | $1,140 | $1,210 |
61841 | Danville, IL MSA | $570 | $590 | $770 | $990 | $1,050 |
61844 | Danville, IL MSA | $750 | $750 | $960 | $1,220 | $1,290 |
61846 | Danville, IL MSA | $670 | $690 | $910 | $1,150 | $1,220 |
61848 | Danville, IL MSA | $570 | $590 | $770 | $990 | $1,050 |
61849 | Danville, IL MSA | $750 | $750 | $880 | $1,130 | $1,200 |
61850 | Danville, IL MSA | $580 | $600 | $790 | $1,000 | $1,060 |
61857 | Danville, IL MSA | $690 | $710 | $940 | $1,190 | $1,260 |
61858 | Danville, IL MSA | $640 | $660 | $870 | $1,100 | $1,170 |
61859 | Danville, IL MSA | $990 | $1,000 | $1,180 | $1,530 | $1,590 |
61862 | Danville, IL MSA | $750 | $750 | $880 | $1,130 | $1,200 |
61865 | Danville, IL MSA | $570 | $590 | $770 | $990 | $1,050 |
61870 | Danville, IL MSA | $650 | $680 | $890 | $1,130 | $1,200 |
61876 | Danville, IL MSA | $570 | $590 | $780 | $990 | $1,050 |
61883 | Danville, IL MSA | $570 | $590 | $780 | $990 | $1,050 |
2022 Average & Median Rent Data Statistics
DANVILLE, IL average 1BR rent: $678, median: $680
DANVILLE, IL average 2BR rent: $870, median: $880
DANVILLE, IL average 3BR rent: $1,109, median: $1,130
DANVILLE, IL Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 607 | $70,095,000 | $115,478 |
Refi | 124 | $10,480,000 | $84,516 |
Home Improvement | 62 | $2,860,000 | $46,129 |
Other | 58 | $3,030,000 | $52,241 |
Cash Out Refi | 49 | $4,765,000 | $97,245 |
Danville's most frequently cited loan purpose was Home Purchase, with 607 originations. The 2nd most popular reason was Refi, with 124 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 295 | $34,465,000 | $116,831 |
7-8% | 246 | $26,700,000 | $108,537 |
Over 8% | 98 | $5,180,000 | $52,857 |
5-6% | 58 | $6,750,000 | $116,379 |
<2.5% | 4 | $40,000 | $10,000 |
4-5% | 1 | $125,000 | $125,000 |
During 2023, Danville's most frequently originated rate bucket was 6-7%, with 295 originations.
Loan Sizing (DANVILLE, IL MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 546 | $30,770,000 | $56,355 |
$100k-200k | 276 | $38,630,000 | $139,964 |
$200k-400k | 72 | $19,040,000 | $264,444 |
$400k-600k | 6 | $2,790,000 | $465,000 |
DANVILLE's loan sizing saw the bucket of loans from $100,000 or less with 546 originations, totaling $30,770,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 396 | $49,110,000 | $124,015 |
60-80% | 148 | $13,450,000 | $90,878 |
20-40% | 52 | $3,270,000 | $62,885 |
40-60% | 46 | $4,200,000 | $91,304 |
Under 20% | 38 | $690,000 | $18,158 |
Over 100% | 6 | $900,000 | $150,000 |
DANVILLE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 396 originations, totaling $49,110,000 in origination value.