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Area data

Danville, VA — ZIP 24540

Population: 31,013 (Census ACS)

Home values & appreciation

Median home value
$154,513
1-year appreciation
+0.2%
3-year appreciation
+9.6%
5-year appreciation
+36.2%
10-year appreciation
+86.8%
All-time peak (2024-08)
$157,197
House Price Index
423.6 (+3.3% YoY)

Market activity

Median sale price
$80,000
Median list price
$74,950
Median days on market
43 days
Sale-to-list ratio
100.0%
Active listings
8
1-year forecast
+2.1%
New listings (monthly)
35

Rents

Typical rent
$1,158/mo
1BR fair-market rent
$1,143/mo
3BR fair-market rent
$1,735/mo

Affordability

Cost of living index (Above Average)
103.5 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
6
Elementary schools
3
Middle schools
2
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
iceStorm, inlandFlooding, winterWeather
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Average annual temperature
59.0°F
Average high
71.0°F
Average low
47.0°F
Annual precipitation
48.2 in

Walkability & transit

Walkability index
5.7 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
2
Nearest national park
Booker T Washington National Monument (37 mi)
Nearest airport
Buck Hollar Airport (4 mi)
Nearest major airport
Danville Regional Airport (DAN) (7 mi)
Hospitals nearby (~15 mi)
3
Avg hospital rating
2.0 / 5
Solar radiation rating
Fair (4.3 kWh/m²/day)

Migration

Net migration
-25 tax filers

Housing stock

Median year housing built
1,972
Median annual property tax
$913
Mean commute to work
21 min
Households with broadband internet
43.6%

Employment & development

Total county employment
20,867
Average weekly wage
$913
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
14

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents