Danville, IN

Full City Profile · Indiana · Hendricks County County

3.7 /5.0

B+ Good

11,049 Population 1,098/sq mi density

$93,080 Median Income $36,202 per capita

$269,400 Home Value $334,131 Zillow

$1,118 Median Rent 28.7% income on rent

54°F Avg Temperature 293 sunny days/yr

263 Violent Crime/100K 1,082 property/100K

B+

Overall

3.7 / 5.0

Good overall score based on economy, affordability, safety and education

A+

Economy

4.9 / 5.0

$93,080 median income, 1.2% unemployment

A+

Affordability

5.0 / 5.0

$269,400 home value, $1,118/mo rent

Safety

1.0 / 5.0

263 violent crimes/100K

B+

Education

3.8 / 5.0

34.9% bachelor's degree or higher

Housing Overview

Median Home Value

$269,400

4% below

US avg: $281,900

Median Rent

$1,118/mo

4% below

US avg: $1,163/mo

Homeownership Rate

70.3%

7% above US avg (65.4%)

Total Housing Units

4,155

Median year built: 1992

Home Value by Source

Census Median

$269,400

Zillow (ZHVI)

$334,131

Median Sale Price

$359,950

Median List Price

$349,995

Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.3%

Owner-Occupied

29.7%

Renter-Occupied

70%

30%

US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio

$816/mo

1 Bedroom

$882/mo

2 Bedroom

$1,096/mo

3 Bedroom

$1,391/mo

4 Bedroom

$1,590/mo

Census median rent: $1,118/mo · Zillow rent: $1,833/mo

Market Indicators (Redfin)

Median Days on Market

42 days

Sale-to-List Ratio

1.0%

Buyers market

Homes Sold

Price Drops

21.4%

of listings with price reduction

Price Per Sq Ft

$150

Active Inventory

homes for sale

Affordability & Housing Stock

Rent Burden

28.7%

of renters spending 30%+ of income on housing

7% below US avg (31.0%)

Median Year Built

1992

Average age of housing stock: 34 years

Homeownership Rate

70.3%

Complete Housing Data

Home Values

Census Median Value	$269,400
Zillow Home Value (ZHVI)	$334,131
Median Sale Price	$359,950
Median List Price	$349,995
Price Per Sq Ft	$150

Rent

Census Median Rent	$1,118
Zillow Rent (ZORI)	$1,833
FMR Studio	$816
FMR 1-Bedroom	$882
FMR 2-Bedroom	$1,096
FMR 3-Bedroom	$1,391
FMR 4-Bedroom	$1,590

Market

Days on Market	42
Sale-to-List Ratio	1.0%
Price Drops	21.4%
Homes Sold	18
Active Inventory	42
Price Per Sq Ft	$150

Ownership & Stock

Owner-Occupied	70.3%
Renter-Occupied	29.7%
Homeownership Rate	70.3%
Total Housing Units	4,155
Median Year Built	1992
Rent Burden	28.7%