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 7.12% for the week of 2024-06-06, compared to the national average of 6.99% for the same period.

The average rate for the prior week (2024-05-30) was 7.26% and one month ago for the week of 2024-05-02, the average rate was 7.15%.

Danville's average rate one year ago was 6.92%.

For refis of the same type during the week of 2024-06-06, the average rate was 7.49%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-06-06 6.99%
Danville 30 Year Fixed Rate 2024-06-06 7.12%
Danville 30 Year Fixed Rate Refi 2024-06-06 7.49%
Danville 15 Year Fixed Rate 2024-06-06 6.29%
Danville 15 Year Fixed Rate Refi 2024-06-06 6.39%
Danville 30 Year FHA 2024-06-06 6.7%
Danville 30 Year FHA Refi 2024-06-06 6.59%
Danville 30 Year USDA 2024-06-06 6.6%
Danville 30 Year USDA Refi 2024-06-06 6.8%
Danville 30 Year VA 2024-06-06 6.38%
Danville 30 Year VA Refi 2024-06-06 6.59%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Danville, VA.

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, VA 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
QUICKEN LOANS, LLC 42 6.83% $6,379
MOVEMENT MORTGAGE, LLC 41 6.85% $5,063
Alcova Mortgage LLC 33 6.99% $3,417
American National Bank and Trust Company 29 6.56% $3,362
Wells Fargo Bank 13 6.91% $3,940
UNITED WHOLESALE MORTGAGE, LLC 13 6.98% $9,077
First-Citizens Bank & Trust Company 11 6.70% $5,145
Truist 8 6.61% $3,880
STATE EMPLOYEES' 6 5.76% $3,278
Citizens Bank 6 6.46% $4,413
Blue Ridge Bank 5 6.70% $4,737
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 4 7.38% $6,376
JPMorgan Chase Bank 4 6.27% $3,674
Flagstar Bank, FSB 4 7.08% $9,637
VANDERBILT MORTGAGE AND FINANCE, INC. 4 8.18% $10,173
Atlantic Coast Mortgage, LLC 4 6.00% $6,644
Mortgage Research Center, LLC 3 6.96% $4,032
First Heritage Mortgage, LLC 3 6.75% $4,136
U.S. Bank 3 6.71% $2,026
Farm Credit of the Virginias, ACA 3 9.08% $2,690
FIRST BANCORP 3 7.39% $3,595
CARDINAL FINANCIAL 3 6.79% $4,600
NFM, INC. 3 7.42% $6,814
CMG MORTGAGE, INC. 3 6.62% $3,902
NAVY FEDERAL CREDIT UNION 3 6.63% $2,439
LOANDEPOT.COM, LLC 3 7.42% $5,328
ROYAL UNITED MORTGAGE LLC 2 6.63% $11,070
Ally Bank 2 7.19% $2,419
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 7.50% $6,762
Bank of America 2 7.50% $8,605
Benchmark Community Bank 2 7.27% $3,702
BROKER SOLUTIONS, INC. 2 7.31% $5,071
CAPITAL CENTER, L.L.C. 2 7.25% $5,173
EMBRACE HOME LOANS, INC. 2 6.75% $7,061
HomeTrust Bank 2 6.69% $2,514
LAKEVIEW LOAN SERVICING, LLC 2 6.62% $5,582
Mr. Cooper ( Nationstar Mortgage ) 2 6.31% $7,184
M&T Bank 2 7.38% $4,074
NEWREZ LLC 2 6.69% $7,751
PNC Bank 2 6.63% $3,540
21ST MORTGAGE CORPORATION 2 7.82% $5,100
South State Bank 2 6.31% $4,203
TD Bank 2 6.56% $4,782
The Federal Savings Bank 2 7.06% $3,730
The Fidelity Bank 2 6.69% $4,098
TIDEWATER MORTGAGE SERVICES, INC. 2 6.81% $5,690
Truliant Federal Credit Union 2 7.50% $2,481
CROSSCOUNTRY MORTGAGE, LLC 1 7.50% $7,722
CRESCENT MORTGAGE COMPANY 1 7.25% $3,965
AMERICAN FINANCIAL NETWORK, INC. 1 7.50% $6,175
Atlantic Union Bank 1 7.13% $4,643
COASTAL Federal Credit Union 1 6.13% $2,738
NBKC BANK 1 6.63% $3,209
ZILLOW HOME LOANS, LLC 1 6.13% $3,624
Citadel Servicing Corporation 1 10.13% $8,725
Northwest Federal Credit Union 1 5.50% $3,343
PENTAGON FEDERAL CREDIT UNION 1 7.13% $3,778
Plains Commerce Bank 1 6.63% $7,563
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 10.25% $4,575
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.63% $6,926
Prosperity Home Mortgage, LLC 1 7.38% $6,301
BETTER MORTGAGE CORPORATION 1 6.75% $5,161
Regions Bank 1 5.88% $2,827
Renasant Bank 1 7.00% $4,730
USAA Federal Savings Bank 1 6.63% $6,493
RUOFF MORTGAGE COMPANY, INC. 1 5.75% $5,144
SIRVA MORTGAGE, INC. 1 6.38% $0
AMERISAVE MORTGAGE CORPORATION 1 7.50% $5,739
Bank of England 1 7.50% $2,859
ValleyStar Credit Union 1 9.00% $3,374
The Bank of Charlotte County 1 7.45% $3,462
AMERICAN PACIFIC MORTGAGE CORPORATION 1 8.13% $6,738
EASTMAN 1 8.38% $2,703
First Savings Bank 1 6.25% $3,134
DUPONT COMMUNITY 1 5.88% $2,960
GUARANTEED RATE, INC. 1 6.95% $6,441
GUILD MORTGAGE COMPANY 1 6.50% $4,706
Virginia Credit Union, Inc. 1 6.63% $3,910
INTERCOASTAL MORTGAGE COMPANY 1 6.38% $3,902
Ixonia Bank 1 7.50% $5,607
Discover Bank 1 6.99% $0
THRIVE MORTGAGE, LLC 1 6.38% $5,562
DEEPHAVEN MORTGAGE LLC 1 8.25% $6,084
MEMBER ONE 1 7.13% $4,888
MIDLAND MORTGAGE CORPORATION 1 7.50% $2,292

Danville Average Closing Costs & Other Stats

Danville, VA's 85 lenders originated 1,332 loans during 2023. The total origination value was $211,000,000, with an average loan value of $158,408.

Danville's average closing costs are $4,851.

The top Danville lender as defined by loan originations is QUICKEN LOANS, LLC, with 42 loans originated. Their average total fees are $6,379, which is $1,317 higher than the next largest lender, MOVEMENT MORTGAGE, LLC.

The lowest fee Danville lenders (with over 10 loans originated) are American National Bank and Trust Company ($3,362), Alcova Mortgage LLC ($3,417), Wells Fargo Bank ($3,940), MOVEMENT MORTGAGE, LLC ($5,063) and First-Citizens Bank & Trust Company ($5,145).

The lowest rate Danville lenders (with over 10 loans originated) are American National Bank and Trust Company (6.56%), First-Citizens Bank & Trust Company (6.70%), QUICKEN LOANS, LLC (6.83%), MOVEMENT MORTGAGE, LLC (6.85%) and Wells Fargo Bank (6.91%).

Danville, VA 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
American National Bank and Trust Company $22,395,000 $19,935,000 -11.0% 9.4%
QUICKEN LOANS, LLC $26,010,000 $18,675,000 -28.2% 8.9%
Alcova Mortgage LLC $16,820,000 $17,690,000 5.2% 8.4%
MOVEMENT MORTGAGE, LLC $23,205,000 $15,815,000 -31.8% 7.5%
First National Bank $10,720,000 $7,400,000 -31.0% 3.5%
First-Citizens Bank & Trust Company $7,280,000 $7,330,000 0.7% 3.5%
UNITED WHOLESALE MORTGAGE, LLC $2,965,000 $7,330,000 147.2% 3.5%
Truist $7,285,000 $6,420,000 -11.9% 3.0%
Mortgage Research Center, LLC $5,340,000 $5,230,000 -2.1% 2.5%
MEMBER ONE $4,505,000 $4,340,000 -3.7% 2.1%
Carter Bank & Trust $2,855,000 $3,500,000 22.6% 1.7%
Wells Fargo Bank $5,490,000 $3,355,000 -38.9% 1.6%
NAVY FEDERAL CREDIT UNION $1,820,000 $3,280,000 80.2% 1.6%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $4,355,000 $3,070,000 -29.5% 1.5%
Blue Ridge Bank $565,000 $2,835,000 401.8% 1.3%
Bank of England $1,475,000 $2,735,000 85.4% 1.3%
CARDINAL FINANCIAL $1,420,000 $2,665,000 87.7% 1.3%
ValleyStar Credit Union $14,245,000 $2,230,000 -84.3% 1.1%
LOANDEPOT.COM, LLC $5,770,000 $2,065,000 -64.2% 1.0%
CNB Bank $1,750,000 n/a 0.8%
BROKER SOLUTIONS, INC. $760,000 $1,660,000 118.4% 0.8%
Citizens Bank $3,900,000 $1,640,000 -57.9% 0.8%
Atlantic Coast Mortgage, LLC $735,000 $1,555,000 111.6% 0.7%
LIMA ONE CAPITAL, LLC $4,155,000 $1,530,000 -63.2% 0.7%
NEWREZ LLC $2,070,000 $1,525,000 -26.3% 0.7%
U.S. Bank $450,000 $1,515,000 236.7% 0.7%
TIDEWATER MORTGAGE SERVICES, INC. $675,000 $1,440,000 113.3% 0.7%
JPMorgan Chase Bank $650,000 $1,425,000 119.2% 0.7%
Mr. Cooper ( Nationstar Mortgage ) $2,335,000 $1,345,000 -42.4% 0.6%
AMERISAVE MORTGAGE CORPORATION $1,995,000 $1,325,000 -33.6% 0.6%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,665,000 $1,310,000 -21.3% 0.6%
EMBRACE HOME LOANS, INC. $1,375,000 $1,285,000 -6.5% 0.6%
Flagstar Bank, FSB $1,285,000 $1,205,000 -6.2% 0.6%
USAA Federal Savings Bank $555,000 $1,170,000 110.8% 0.6%
Virginia Credit Union, Inc. $725,000 $1,160,000 60.0% 0.5%
FIRST BANCORP $505,000 $1,135,000 124.8% 0.5%
CMG MORTGAGE, INC. $275,000 $1,100,000 300.0% 0.5%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $1,095,000 n/a 0.5%
CROSSCOUNTRY MORTGAGE, LLC $1,015,000 $1,085,000 6.9% 0.5%
MUTUAL OF OMAHA MORTGAGE, INC. $545,000 $1,065,000 95.4% 0.5%
Bank of Botetourt $1,055,000 n/a 0.5%
PENNYMAC LOAN SERVICES, LLC $1,575,000 $1,055,000 -33.0% 0.5%
The Federal Savings Bank $530,000 $1,050,000 98.1% 0.5%
STATE EMPLOYEES' $3,980,000 $990,000 -75.1% 0.5%
THRIVE MORTGAGE, LLC $1,005,000 $960,000 -4.5% 0.5%
RELIANCE FIRST CAPITAL, LLC $480,000 $920,000 91.7% 0.4%
Bank of America $1,895,000 $900,000 -52.5% 0.4%
LENDINGHOME FUNDING CORPORATION $865,000 n/a 0.4%
FREEDOM MORTGAGE CORPORATION $1,750,000 $850,000 -51.4% 0.4%
The Bank of Charlotte County $845,000 n/a 0.4%
First Bank $1,310,000 $840,000 -35.9% 0.4%
21ST MORTGAGE CORPORATION $735,000 $810,000 10.2% 0.4%
Atlantic Union Bank $935,000 $805,000 -13.9% 0.4%
NFM, INC. $55,000 $800,000 1,354.5% 0.4%
INTERCOASTAL MORTGAGE COMPANY $530,000 $785,000 48.1% 0.4%
ROYAL UNITED MORTGAGE LLC $905,000 $705,000 -22.1% 0.3%
NEW DAY FINANCIAL, LLC $1,350,000 $700,000 -48.1% 0.3%
FREEDOM FIRST $665,000 $680,000 2.3% 0.3%
DEEPHAVEN MORTGAGE LLC $660,000 n/a 0.3%
Plains Commerce Bank $365,000 $650,000 78.1% 0.3%
The Fidelity Bank $745,000 $645,000 -13.4% 0.3%
AMERICAN FINANCIAL RESOURCES, INC. $1,010,000 $635,000 -37.1% 0.3%
Farm Credit of the Virginias, ACA $1,490,000 $615,000 -58.7% 0.3%
LAKEVIEW LOAN SERVICING, LLC $590,000 $575,000 -2.5% 0.3%
Prosperity Home Mortgage, LLC $1,000,000 $575,000 -42.5% 0.3%
M&T Bank $490,000 $565,000 15.3% 0.3%
TD Bank $550,000 n/a 0.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $165,000 $540,000 227.3% 0.3%
Renasant Bank $1,435,000 $530,000 -63.1% 0.3%
MID AMERICA MORTGAGE, INC. $545,000 $520,000 -4.6% 0.2%
CAPITAL CENTER, L.L.C. $485,000 $500,000 3.1% 0.2%
HomeTrust Bank $545,000 $500,000 -8.3% 0.2%
NATION ONE MORTGAGE CORPORATION $605,000 $475,000 -21.5% 0.2%
First Heritage Mortgage, LLC $940,000 $470,000 -50.0% 0.2%
PENTAGON FEDERAL CREDIT UNION $485,000 $455,000 -6.2% 0.2%
Frontier Community Bank $435,000 n/a 0.2%
HOMESIDE FINANCIAL, LLC $420,000 n/a 0.2%
ZILLOW HOME LOANS, LLC $125,000 $420,000 236.0% 0.2%
F & M BANK CORP. $195,000 $410,000 110.3% 0.2%
Figure Lending LLC $35,000 $400,000 1,042.9% 0.2%
Century Mortgage Company DBA Century Lending Company $385,000 n/a 0.2%
Ally Bank $380,000 n/a 0.2%
OCMBC, INC. $370,000 n/a 0.2%
UNION HOME MORTGAGE CORP. $210,000 $370,000 76.2% 0.2%
Barrington Bank & Trust Company, N.A. $250,000 $365,000 46.0% 0.2%
CRESCENT MORTGAGE COMPANY $365,000 n/a 0.2%
Benchmark Community Bank $300,000 $355,000 18.3% 0.2%
BETTER MORTGAGE CORPORATION $445,000 $355,000 -20.2% 0.2%
Discover Bank $85,000 $355,000 317.6% 0.2%
PNC Bank $395,000 $350,000 -11.4% 0.2%
The Farmers Bank of Appomattox $345,000 n/a 0.2%
South State Bank $325,000 n/a 0.2%
Truliant Federal Credit Union $555,000 $320,000 -42.3% 0.2%
Lakeview Community Capital, LLC $240,000 $310,000 29.2% 0.1%
MICHIGAN MUTUAL, INC. $95,000 $305,000 221.1% 0.1%
MIDLAND MORTGAGE CORPORATION $145,000 $285,000 96.6% 0.1%
FIDELITY DIRECT MORTGAGE, LLC $275,000 n/a 0.1%
LIBERTY HOME MORTGAGE CORPORATION $135,000 $265,000 96.3% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $375,000 $265,000 -29.3% 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $185,000 $260,000 40.5% 0.1%
Bank of the James $430,000 $255,000 -40.7% 0.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $580,000 $255,000 -56.0% 0.1%
SIRVA MORTGAGE, INC. $255,000 $255,000 0.0% 0.1%
SELF-HELP Credit Union $225,000 n/a 0.1%
GUARANTEED RATE, INC. $405,000 $215,000 -46.9% 0.1%
Mid-Continent Funding, Inc. $245,000 $215,000 -12.2% 0.1%
MILEND, INC. $215,000 n/a 0.1%
SWBC MORTGAGE CORPORATION $215,000 n/a 0.1%
Northwest Federal Credit Union $210,000 n/a 0.1%
GREENSTATE CREDIT UNION $195,000 n/a 0.1%
LONGBRIDGE FINANCIAL, LLC $190,000 n/a 0.1%
CALIBER HOME LOANS, INC. $1,450,000 $185,000 -87.2% 0.1%
Citadel Servicing Corporation $185,000 n/a 0.1%
TOWER $185,000 n/a 0.1%
First Horizon Bank $180,000 n/a 0.1%
Integrity Home Mortgage Corp $430,000 $180,000 -58.1% 0.1%
TRIAD FINANCIAL SERVICES, INC. $25,000 $180,000 620.0% 0.1%
Ameris Bank $175,000 n/a 0.1%
GSF Mortgage Corporation $175,000 n/a 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $155,000 n/a 0.1%
COASTAL Federal Credit Union $210,000 $155,000 -26.2% 0.1%
DUPONT COMMUNITY $635,000 $155,000 -75.6% 0.1%
GUILD MORTGAGE COMPANY $65,000 $155,000 138.5% 0.1%
Virginia National Bank $580,000 $155,000 -73.3% 0.1%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $610,000 $150,000 -75.4% 0.1%
EMM LOANS LLC $270,000 $145,000 -46.3% 0.1%
SOUTHWEST STAGE FUNDING, LLC $230,000 $145,000 -37.0% 0.1%
RUOFF MORTGAGE COMPANY, INC. $140,000 n/a 0.1%
AMERICAN HERITAGE LENDING, INC. $135,000 n/a 0.1%
CIVIC FINANCIAL SERVICES, LLC $135,000 n/a 0.1%
PHH Mortgage Corporation $135,000 n/a 0.1%
VILLAGE CAPITAL MORTGAGE $310,000 $135,000 -56.5% 0.1%
ARGENT $125,000 n/a 0.1%
First Savings Bank $125,000 n/a 0.1%
TOP FLITE FINANCIAL, INC. $125,000 n/a 0.1%
AMWEST FUNDING CORP. $115,000 n/a 0.1%
DOMINION FINANCIAL SERVICES, LLC $115,000 n/a 0.1%
FIRST COMMUNITY MORTGAGE, INC. $115,000 n/a 0.1%
NBKC BANK $1,195,000 $115,000 -90.4% 0.1%
PANORAMA MORTGAGE GROUP, LLC $115,000 n/a 0.1%
Skyline National Bank $165,000 $115,000 -30.3% 0.1%
ALLIANT CREDIT UNION $105,000 n/a 0.0%
EASTMAN $105,000 n/a 0.0%
AMERICAN FINANCIAL NETWORK, INC. $95,000 n/a 0.0%
LEADERONE FINANCIAL CORPORATION $95,000 n/a 0.0%
PLAZA HOME MORTGAGE, INC. $95,000 n/a 0.0%
SPRING EQ, LLC $195,000 $90,000 -53.8% 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $890,000 $85,000 -90.4% 0.0%
Ixonia Bank $85,000 n/a 0.0%
Select Bank $195,000 $85,000 -56.4% 0.0%
Carrington Mortgage Services, LLC $1,280,000 $75,000 -94.1% 0.0%
Northpointe Bank $805,000 $75,000 -90.7% 0.0%
Regions Bank $75,000 n/a 0.0%
Roxboro Savings Bank SSB $65,000 n/a 0.0%
Service Federal Credit Union $155,000 $65,000 -58.1% 0.0%
Coastal Community Bank $60,000 n/a 0.0%
Citizens Bank and Trust Company $45,000 $55,000 22.2% 0.0%
FAY SERVICING, LLC $280,000 $55,000 -80.4% 0.0%
Third Federal Savings and Loan Association of Cleveland $590,000 $50,000 -91.5% 0.0%
BLUE EAGLE CREDIT UNION $45,000 n/a 0.0%
Wintrust Bank, N.A. $35,000 n/a 0.0%

Danville's top lender by overall market share is American National Bank and Trust Company, with 9.4% market share. In second place, with 8.9%, is QUICKEN LOANS, LLC, having originated $18,675,000 in loans. In third place, with 8.4%, is Alcova Mortgage LLC, having originated $17,690,000 in loans. In fourth place, with 7.5%, is MOVEMENT MORTGAGE, LLC, having originated $15,815,000 in loans. In fifth place, with 3.5%, is First National Bank, having originated $7,400,000 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 $115,000 (12.2%) $158,515 (2.8%) 0.00 441
2018-02-01 $112,500 (6.7%) $157,869 (4.1%) 0.00 421
2018-03-01 $114,900 (4.6%) $158,247 (3.7%) 0.00 405
2018-04-01 $119,900 (4.4%) $163,533 (6.1%) 0.00 418
2018-05-01 $101,900 (-18.4%) $148,564 (-7.5%) 0.00 531
2018-06-01 $104,988 (-16.0%) $151,128 (-7.6%) 0.00 555
2018-07-01 $109,900 (-12.4%) $155,730 (-4.3%) 0.00 553
2018-08-01 $100,450 (-18.9%) $154,472 (-4.1%) 0.00 552
2018-09-01 $106,000 (-11.6%) $156,539 (-1.7%) 0.00 550
2018-10-01 $109,450 (-5.6%) $155,112 (-0.6%) 0.00 531
2018-11-01 $108,250 (-9.7%) $154,682 (-3.7%) 0.00 516
2018-12-01 $107,500 (-6.4%) $154,261 (-2.4%) 0.00 490
2019-01-01 $109,900 (-4.4%) $156,272 (-1.4%) 0.00 470
2019-02-01 $107,950 (-4.0%) $154,783 (-2.0%) 0.00 450
2019-03-01 $113,550 (-1.2%) $163,998 (3.6%) 0.00 414
2019-04-01 $124,925 (4.2%) $176,026 (7.6%) 0.00 383
2019-05-01 $125,000 (22.7%) $179,339 (20.7%) 0.00 380
2019-06-01 $129,945 (23.8%) $186,067 (23.1%) 0.00 383
2019-07-01 $134,950 (22.8%) $189,755 (21.9%) 0.00 386
2019-08-01 $133,727 (33.1%) $190,535 (23.4%) 0.00 383
2019-09-01 $128,818 (21.5%) $191,608 (22.4%) 0.00 379
2019-10-01 $125,675 (14.8%) $189,586 (22.2%) 0.00 365
2019-11-01 $129,000 (19.2%) $189,042 (22.2%) 0.00 357
2019-12-01 $117,450 (9.3%) $179,179 (16.2%) 0.00 371
2020-01-01 $119,000 (8.3%) $180,166 (15.3%) 0.00 330
2020-02-01 $122,500 (13.5%) $179,291 (15.8%) 0.00 326
2020-03-01 $119,000 (4.8%) $174,759 (6.6%) 0.00 311
2020-04-01 $115,000 (-7.9%) $171,238 (-2.7%) 0.00 302
2020-05-01 $127,600 (2.1%) $183,442 (2.3%) 0.00 264
2020-06-01 $125,375 (-3.5%) $182,338 (-2.0%) 0.00 251
2020-07-01 $125,450 (-7.0%) $186,622 (-1.7%) 0.00 226
2020-08-01 $125,900 (-5.9%) $190,033 (-0.3%) 0.00 204
2020-09-01 $139,075 (8.0%) $201,202 (5.0%) 0.00 181
2020-10-01 $129,900 (3.4%) $204,421 (7.8%) 0.00 170
2020-11-01 $148,675 (15.3%) $225,547 (19.3%) 0.00 146
2020-12-01 $155,750 (32.6%) $226,540 (26.4%) 0.00 136
2021-01-01 $164,900 (38.6%) $237,535 (31.8%) 0.00 110
2021-02-01 $157,400 (28.5%) $237,852 (32.7%) 0.00 96
2021-03-01 $147,175 (23.7%) $233,310 (33.5%) 0.00 88
2021-04-01 $165,225 (43.7%) $285,378 (66.7%) 0.00 86
2021-05-01 $179,900 (41.0%) $290,514 (58.4%) 0.00 85
2021-06-01 $170,675 (36.1%) $294,148 (61.3%) 0.00 93
2021-07-01 $164,900 (31.5%) $284,762 (52.6%) 0.00 103
2021-08-01 $167,175 (32.8%) $284,219 (49.6%) 0.00 104
2021-09-01 $185,000 (33.0%) $290,461 (44.4%) 0.00 112
2021-10-01 $169,900 (30.8%) $263,055 (28.7%) 0.00 92
2021-11-01 $166,000 (11.7%) $251,914 (11.7%) 0.00 97
2021-12-01 $162,450 (4.3%) $255,539 (12.8%) 0.00 91
2022-01-01 $194,950 (18.2%) $269,047 (13.3%) 0.00 72
2022-02-01 $176,950 (12.4%) $268,306 (12.8%) 0.00 72
2022-03-01 $198,950 (35.2%) $271,285 (16.3%) 0.00 88
2022-04-01 $215,000 (30.1%) $319,143 (11.8%) 0.00 83
2022-05-01 $199,900 (11.1%) $302,446 (4.1%) 0.00 90
2022-06-01 $241,150 (41.3%) $325,645 (10.7%) 0.00 98
2022-07-01 $222,000 (34.6%) $343,782 (20.7%) 0.00 105
2022-08-01 $224,900 (34.5%) $326,411 (14.8%) 0.00 104
2022-09-01 $239,000 (29.2%) $334,482 (15.2%) 0.00 101
2022-10-01 $229,900 (35.3%) $320,247 (21.7%) 0.00 96
2022-11-01 $196,175 (18.2%) $299,216 (18.8%) 0.00 100
2022-12-01 $227,500 (40.0%) $265,887 (4.1%) 0.00 87
2023-01-01 $189,225 (-2.9%) $238,392 (-11.4%) 0.00 95
2023-02-01 $194,000 (9.6%) $231,701 (-13.6%) 0.00 91
2023-03-01 $193,450 (-2.8%) $229,861 (-15.3%) 0.00 91
2023-04-01 $187,450 (-12.8%) $264,778 (-17.0%) 0.00 83
2023-05-01 $200,000 (0.1%) $283,863 (-6.1%) 0.00 75
2023-06-01 $252,000 (4.5%) $528,891 (62.4%) 0.00 97
2023-07-01 $235,000 (5.9%) $288,302 (-16.1%) 0.00 106
2023-08-01 $214,450 (-4.7%) $267,319 (-18.1%) 0.00 106
2023-09-01 $227,450 (-4.8%) $386,878 (15.7%) 0.00 137
2023-10-01 $230,000 (0.0%) $364,120 (13.7%) 0.00 159
2023-11-01 $210,000 (7.1%) $247,440 (-17.3%) 0.00 175
2023-12-01 $199,950 (-12.1%) $242,725 (-8.7%) 0.00 182
2024-01-01 $195,875 (3.5%) $233,037 (-2.3%) 0.00 185
2024-02-01 $192,225 (-0.9%) $228,302 (-1.5%) 0.00 160
2024-03-01 $172,500 (-10.8%) $227,580 (-1.0%) 0.00 162
2024-04-01 $190,112 (1.4%) $263,321 (-0.6%) 0.00 161
2024-05-01 $215,950 (8.0%) $261,169 (-8.0%) 0.00 156
Danville's median listing price for 2024-05-01 was $215,950, a difference of $15,950 (8.0%) versus the prior year and $25,838 versus the prior month.

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

Danville's average listing price for 2024-05-01 was $261,169, a difference of $-22,694 (-8.0%) versus the prior year and $-2,152 versus the prior month.

For the 2024-05-01 period, Danville had 156 MLS listings, a difference of -5 listings (-3%) versus the prior month and 81 listings (108%) 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 1,782 sqft
2018-02-01 0 days 1,768 sqft
2018-03-01 0 days 1,786 sqft
2018-04-01 0 days 1,800 sqft
2018-05-01 0 days 1,791 sqft
2018-06-01 0 days 1,783 sqft
2018-07-01 0 days 1,801 sqft
2018-08-01 0 days 1,793 sqft
2018-09-01 0 days 1,788 sqft
2018-10-01 0 days 1,802 sqft
2018-11-01 0 days 1,782 sqft
2018-12-01 0 days 1,796 sqft
2019-01-01 0 days 1,798 sqft
2019-02-01 0 days 1,791 sqft
2019-03-01 0 days 1,737 sqft
2019-04-01 0 days 1,721 sqft
2019-05-01 0 days 1,779 sqft
2019-06-01 0 days 1,795 sqft
2019-07-01 0 days 1,814 sqft
2019-08-01 0 days 1,837 sqft
2019-09-01 0 days 1,826 sqft
2019-10-01 0 days 1,818 sqft
2019-11-01 0 days 1,800 sqft
2019-12-01 0 days 1,734 sqft
2020-01-01 0 days 1,740 sqft
2020-02-01 0 days 1,784 sqft
2020-03-01 0 days 1,734 sqft
2020-04-01 0 days 1,690 sqft
2020-05-01 0 days 1,796 sqft
2020-06-01 0 days 1,787 sqft
2020-07-01 0 days 1,774 sqft
2020-08-01 0 days 1,803 sqft
2020-09-01 0 days 1,806 sqft
2020-10-01 0 days 1,894 sqft
2020-11-01 0 days 1,971 sqft
2020-12-01 0 days 1,971 sqft
2021-01-01 0 days 1,954 sqft
2021-02-01 0 days 1,901 sqft
2021-03-01 0 days 1,803 sqft
2021-04-01 0 days 1,843 sqft
2021-05-01 0 days 1,868 sqft
2021-06-01 0 days 1,876 sqft
2021-07-01 0 days 1,826 sqft
2021-08-01 0 days 1,844 sqft
2021-09-01 0 days 1,902 sqft
2021-10-01 0 days 1,811 sqft
2021-11-01 0 days 1,793 sqft
2021-12-01 0 days 1,690 sqft
2022-01-01 0 days 1,734 sqft
2022-02-01 0 days 1,712 sqft
2022-03-01 0 days 1,854 sqft
2022-04-01 0 days 2,019 sqft
2022-05-01 0 days 1,896 sqft
2022-06-01 0 days 2,015 sqft
2022-07-01 0 days 1,891 sqft
2022-08-01 0 days 1,930 sqft
2022-09-01 0 days 1,920 sqft
2022-10-01 0 days 1,902 sqft
2022-11-01 0 days 1,869 sqft
2022-12-01 0 days 1,954 sqft
2023-01-01 0 days 1,882 sqft
2023-02-01 0 days 1,660 sqft
2023-03-01 0 days 1,603 sqft
2023-04-01 0 days 1,622 sqft
2023-05-01 0 days 1,670 sqft
2023-06-01 0 days 1,619 sqft
2023-07-01 0 days 1,701 sqft
2023-08-01 0 days 1,783 sqft
2023-09-01 0 days 1,702 sqft
2023-10-01 0 days 1,751 sqft
2023-11-01 0 days 1,735 sqft
2023-12-01 0 days 1,691 sqft
2024-01-01 0 days 1,605 sqft
2024-02-01 0 days 1,601 sqft
2024-03-01 0 days 1,583 sqft
2024-04-01 0 days 1,574 sqft
2024-05-01 0 days 1,551 sqft
Danville's median listing age (time on market) for 2024-05-01 was 0 days.

Danville's median square footage for active listings during the 2024-05-01 period was 1,551 sqft. One year prior, the average listing was 1,670 sqft.

Danville, VA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 746 $135,210,000 $181,247
Cash Out Refi 205 $31,125,000 $151,829
Refi 169 $25,595,000 $151,450
Other 119 $10,685,000 $89,790
Home Improvement 93 $8,385,000 $90,161

Danville's most frequently cited loan purpose was Home Purchase, with 746 originations. The 2nd most popular reason was Cash Out Refi, with 205 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 451 $82,385,000 $182,672
7-8% 381 $62,905,000 $165,105
Over 8% 215 $21,685,000 $100,860
5-6% 164 $28,380,000 $173,049
4-5% 18 $2,660,000 $147,778
3-4% 4 $520,000 $130,000
<2.5% 1 $15,000 $15,000
2.5-3% 1 $135,000 $135,000

During 2023, Danville's most frequently originated rate bucket was 6-7%, with 451 originations.

Loan Sizing (Danville, VA MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 568 $82,150,000 $144,630
$100,000 or less 442 $25,670,000 $58,077
$200k-400k 273 $72,825,000 $266,758
$400k-600k 35 $16,405,000 $468,714
$600k-1000k 11 $8,505,000 $773,182
$Over $1MM 3 $5,445,000 $1,815,000

Danville's loan sizing saw the bucket of loans from $100k-200k with 568 originations, totaling $82,150,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 557 $111,605,000 $200,368
60-80% 282 $45,290,000 $160,603
20-40% 138 $12,660,000 $91,739
40-60% 137 $18,765,000 $136,971
Under 20% 90 $3,710,000 $41,222
Over 100% 17 $4,815,000 $283,235

Danville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 557 originations, totaling $111,605,000 in origination value.