DANVILLE Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Danville averaged 6.72% for the week of 2025-03-27, compared to the national average of 6.65% for the same period.

    The average rate for the prior week (2025-03-20) was 6.54% and one month ago for the week of 2025-02-20, the average rate was 6.72%.

    Danville's average rate one year ago was 6.74%.

    For refis of the same type during the week of 2025-03-27, the average rate was 6.85%.

    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 (7.7%) $100,306 (12.7%) 0.00 286
    2018-02-01 $72,700 (12.0%) $101,759 (11.8%) 0.00 286
    2018-03-01 $73,500 (13.2%) $105,178 (12.1%) 0.00 296
    2018-04-01 $77,250 (19.0%) $109,535 (18.1%) 0.00 296
    2018-05-01 $83,750 (21.0%) $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%) $111,556 (11.2%) 0.00 309
    2019-02-01 $79,700 (9.6%) $115,478 (13.5%) 0.00 294
    2019-03-01 $82,900 (12.8%) $116,392 (10.7%) 0.00 287
    2019-04-01 $86,400 (11.8%) $117,240 (7.0%) 0.00 290
    2019-05-01 $84,900 (1.4%) $119,083 (7.7%) 0.00 296
    2019-06-01 $87,000 (2.4%) $120,275 (9.2%) 0.00 301
    2019-07-01 $88,100 (3.8%) $118,802 (6.8%) 0.00 299
    2019-08-01 $86,132 (2.7%) $117,599 (6.9%) 0.00 294
    2019-09-01 $83,780 (4.8%) $115,606 (4.9%) 0.00 289
    2019-10-01 $82,211 (2.8%) $114,277 (4.8%) 0.00 282
    2019-11-01 $84,900 (3.4%) $113,792 (1.4%) 0.00 272
    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 (4.9%) $121,803 (1.3%) 0.00 172
    2020-07-01 $93,850 (6.5%) $119,751 (0.8%) 0.00 167
    2020-08-01 $93,000 (8.0%) $123,022 (4.6%) 0.00 171
    2020-09-01 $89,125 (6.4%) $119,794 (3.6%) 0.00 179
    2020-10-01 $89,000 (8.3%) $117,855 (3.1%) 0.00 180
    2020-11-01 $90,725 (6.9%) $123,832 (8.8%) 0.00 159
    2020-12-01 $87,000 (16.0%) $124,526 (16.4%) 0.00 139
    2021-01-01 $87,500 (10.8%) $127,303 (15.9%) 0.00 116
    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 (6.5%) $122,900 (-0.1%) 0.00 97
    2021-09-01 $99,900 (12.1%) $118,606 (-1.0%) 0.00 107
    2021-10-01 $109,000 (22.5%) $130,473 (10.7%) 0.00 102
    2021-11-01 $102,475 (13.0%) $128,280 (3.6%) 0.00 103
    2021-12-01 $92,200 (6.0%) $119,014 (-4.4%) 0.00 84
    2022-01-01 $85,000 (-2.9%) $114,150 (-10.3%) 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%) $156,410 (15.2%) 0.00 90
    2022-08-01 $119,900 (21.1%) $167,913 (36.6%) 0.00 98
    2022-09-01 $102,225 (2.3%) $154,377 (30.2%) 0.00 116
    2022-10-01 $99,900 (-8.4%) $141,084 (8.1%) 0.00 121
    2022-11-01 $109,725 (7.1%) $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 (-25.6%) 0.00 89
    2023-09-01 $105,000 (2.7%) $142,400 (-7.8%) 0.00 106
    2023-10-01 $105,000 (5.1%) $137,730 (-2.4%) 0.00 119
    2023-11-01 $105,125 (-4.2%) $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 $120,375 (25.2%) $131,348 (3.2%) 0.00 84
    2024-06-01 $129,000 (29.1%) $145,580 (9.1%) 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
    2024-10-01 $128,950 (22.8%) $157,024 (14.0%) 0.00 119
    2024-11-01 $125,000 (18.9%) $149,356 (14.1%) 0.00 120
    2024-12-01 $115,725 (10.3%) $148,025 (14.1%) 0.00 112
    2025-01-01 $115,125 (18.8%) $144,492 (14.4%) 0.00 109
    2025-02-01 $119,075 (34.2%) $156,771 (27.0%) 0.00 113
    DANVILLE's median listing price for 2025-02-01 was $119,075, a difference of $30,375 (34.2%) versus the prior year and $3,950 versus the prior month.

    DANVILLE's median listing price comes in at 0% of the national average.

    DANVILLE's average listing price for 2025-02-01 was $156,771, a difference of $33,282 (27.0%) versus the prior year and $12,279 versus the prior month.

    For the 2025-02-01 period, DANVILLE had 113 MLS listings, a difference of 4 listings (4%) versus the prior month and 3 listings (3%) 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 1,569 sqft
    2019-02-01 0 days 1,557 sqft
    2019-03-01 0 days 1,554 sqft
    2019-04-01 0 days 1,600 sqft
    2019-05-01 0 days 1,600 sqft
    2019-06-01 0 days 1,607 sqft
    2019-07-01 0 days 1,625 sqft
    2019-08-01 0 days 1,613 sqft
    2019-09-01 0 days 1,588 sqft
    2019-10-01 0 days 1,572 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 1,623 sqft
    2020-09-01 0 days 1,553 sqft
    2020-10-01 0 days 1,570 sqft
    2020-11-01 0 days 1,638 sqft
    2020-12-01 0 days 1,595 sqft
    2021-01-01 0 days 1,650 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 1,632 sqft
    2024-06-01 0 days 1,691 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
    2024-10-01 0 days 1,654 sqft
    2024-11-01 0 days 1,600 sqft
    2024-12-01 0 days 1,596 sqft
    2025-01-01 0 days 1,550 sqft
    2025-02-01 0 days 1,585 sqft
    DANVILLE's median listing age (time on market) for 2025-02-01 was 0 days.

    DANVILLE's median square footage for active listings during the 2025-02-01 period was 1,585 sqft. One year prior, the average listing was 1,531 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.