Danville, Virginia.
Typical home $155,634 (-0.2% in a year), asking rent $1,143 (+5.7%). Danville, VA metro.
to buy the typical home at today's mortgage rate — +$478 (+141%) since Jan 2020.
- 1 year
- Down $379 -0%
- $156,013$155,634 since Sep 2025
- 5 years
- Up $42,486 +38%
- $113,148$155,634 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Danville$817
- Virginia$2,164
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in Danville, VA fell 0.2% over the past year — slower than the nation's +1.2%.
Asking rents in Danville, VA rose 5.7% over the past year — faster than the nation's +2.7%.
Owning the typical home in Danville runs $83/mo less than renting one. The gap peaked at $176 in Jan 2026.
That is $1,060 a month against $1,143 rent: a $817 mortgage payment, plus $76 property tax and $167 insurance & upkeep.
Owning vs renting — Danville
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$1,060
- Renting$1,143
- Mortgage only$817
Property tax · $76/mo 0.59% of value a year — the ACS 2020-2024 median bill over the median home value for Pittsylvania County, VA
Insurance & upkeep · $167/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Danville, Pittsylvania County, Virginia
Danville is a city of 42,590 people in Pittsylvania County. Half its households earn more than $44,423 a year and half less, against $54,085 across Pittsylvania County; 25% of its people live below the poverty line. 48% of its homes are lived in by their owners and 52% are rented. Unemployment in Danville was 5.9% in August 2026, and Pittsylvania County had 1.1% more jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Danville is a small city in southern Virginia, with residents who tend to be a little older than in the typical American town. Household incomes here run below the county's, and a large share of people live below the poverty line. Fewer homes are lived in by their owners than you might expect, so renting is common, and typical home values and rents are both fairly modest. Winters are cool, with highs near the middle of the range for the region, little snow, and summers are hot, with plenty of rain and melted snow through the year.
Work. Many residents work in schools, hospitals and social care, with manufacturing, shops and restaurants and hotels also employing a good number. Among the largest workplaces in Danville are Danville Regional Medical Center, Goodyear Rubber and Tire Company and Danville City Public Schools. Unemployment has eased a little compared with a year earlier, and across Pittsylvania County there are slightly more jobs than there were the year before. Fewer adults hold a four-year degree than in many places, most people have a short commute, and only a small number work from home.
Things to do. Within town, the Danville Science Center is a museum, Cougars Den is a stadium, and the Sandy River runs in or beside town. For a longer drive, Virginia International Raceway and Martinsville Speedway are both race tracks, well known to motorsport fans.
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- 19,066households
- 20%of adults have a degree
- 25%below the poverty line
- 20 mintypical commute
- 9%work from home
What residents work in
Employed residents by industry, from the Census survey. Pittsylvania County had 13,000 jobs in 2025, 1.1% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 50° and lows near 26°; warmest in July, with highs near 91° and lows near 68°. About 5 inches of snow and 47 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Danville Southeast weather station, 3 miles away (NOAA).
Largest workplaces in Danville
- Danville Regional Medical CenterGeneral hospital1,339FTE
- GOODYEAR Rubber and Tire CompanyTires manufacturing1,244
- Danville City Public SchoolsSchool district1,107FTE
- WalmartWarehouse clubs and supercenters403
- Averett UniversityUniversity or college360
- Danville-Pittsylvania Community ServicesIndividual and family social services, multi-purpose327
- EPL AmericaTube, nonrigid plastics, manufacturing320
- Roman Eagle Rehabilitation & Health Care CenterAssisted-living facilities with on-site nursing facilities287
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 31 workplaces with 20 or more staff, 5,898 people in all. Hospitals come from their Medicare cost reports (CMS, 2023), school districts from the Common Core of Data (NCES, 2023–24) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Inland floodingRelatively high
- Winter weatherrelatively high in parts of DanvilleRelatively moderate
- Ice stormsRelatively moderate
- Strong windRelatively moderate
- TornadoesRelatively moderate
- LightningRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Danville’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Pittsylvania County and the Danville, VA metro.
Danville home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Danville$155,634
- Virginia$412,252
- United States$366,157
Sellers are cutting prices on about 1 in 5 Danville listings, and the typical home goes pending in 34 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Danville21.44%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Danville34
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Danville289
New listings per month
Sellers arriving at the market.
- Danville65
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Danville$152,680
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Danville95.01%
Zip codes with a Danville address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Danville — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Danville
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 24540 | Danville | 31,013 | $1,100 | $151,535 |
| 24541 | Danville | 28,042 | $1,190 | $160,686 |