DANVILLE Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

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%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within DANVILLE, IL.

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.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
1786 30 6.68% $1,899
Iroquois Federal Savings and Loan Association 24 6.79% $1,947
FLAT BRANCH MORTGAGE, INC. 20 6.69% $2,870
CROSSCOUNTRY MORTGAGE, LLC 20 7.27% $4,659
First Farmers Bank and Trust Company 11 7.30% $2,083
QUICKEN LOANS, LLC 9 7.18% $4,452
First Financial Bank 8 7.31% $2,762
Busey Bank 7 6.34% $2,613
Old National Bank 7 7.11% $2,352
CALIBER HOME LOANS, INC. 6 6.75% $3,321
The Huntington National Bank 6 6.33% $3,097
Wells Fargo Bank 5 6.98% $3,264
NEWREZ LLC 4 7.03% $3,530
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 7.33% $2,966
Petefish, Skiles & Co. 3 6.79% $2,558
UNITED WHOLESALE MORTGAGE, LLC 3 6.61% $2,887
Heartland Bank and Trust Company 2 6.54% $2,352
HOMESIDE FINANCIAL, LLC 2 4.00% $1,641
JPMorgan Chase Bank 2 6.68% $3,476
MUTUAL OF OMAHA MORTGAGE, INC. 2 7.19% $5,875
UNIVERSITY OF ILLINOIS COMMUNITY 2 7.00% $1,459
LOANDEPOT.COM, LLC 2 6.38% $4,984
U.S. Bank 2 6.94% $2,826
First Financial Bank 2 6.88% $3,244
First Mid Bank & Trust 2 6.63% $2,172
Morton Community Bank 1 6.50% $2,373
Mr. Cooper ( Nationstar Mortgage ) 1 6.49% $7,502
Nations Lending Corporation 1 7.25% $3,317
NAVY FEDERAL CREDIT UNION 1 7.25% $1,731
First National Bank of America 1 9.13% $6,220
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 7.13% $3,807
American Mortgage & Equity Consultants, Inc. 1 6.50% $2,804
PNC Bank 1 6.75% $3,412
Prairie State Bank and Trust 1 7.13% $1,440
CIBM Bank 1 7.00% $2,061
PURDUE FEDERAL CREDIT UNION 1 7.13% $6,340
BETTER MORTGAGE CORPORATION 1 5.88% $4,537
RUOFF MORTGAGE COMPANY, INC. 1 6.25% $1,400
SCOTT CREDIT UNION 1 6.00% $2,219
The Fountain Trust Company 1 7.88% $1,892
AMERISAVE MORTGAGE CORPORATION 1 8.13% $3,989
ZILLOW HOME LOANS, LLC 1 7.50% $3,054
USAA Federal Savings Bank 1 6.50% $9,589
DRAPER AND KRAMER MORTGAGE CORP. 1 6.50% $2,583
First Option Mortgage, LLC 1 7.50% $3,828
FIRST STATE MORTGAGE SERVICES, LLC 1 7.50% $4,470
Flagstar Bank, FSB 1 6.09% $2,365
Farm Credit Mid-America, ACA 1 7.38% $4,674
GVC MORTGAGE, INC. 1 8.13% $2,998
INB 1 8.50% $3,017
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.63% $4,512
Midland States Bank 1 6.50% $2,904

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. Louis
Date 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 for 2024-09-01 was $129,000, a difference of $24,000 (22.9%) versus the prior year and $500 versus the prior month.

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. Louis
Date 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 listing age (time on market) for 2024-09-01 was 0 days.

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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For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
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.