Similar to its surrounding areas, it is a lot less expensive compared to the entire nation. Compared to the city of Little Rock, it's a lot less expensive.
Home prices
The cost of the median home in Danville is $95,000. Compared to its nearby areas it is approximately $4,060 (4%) higher.In comparison to the rest of the nation it is about $122,500 (56%) lower, and in comparison to the city of Little Rock it is approximately $72,600 (43%) lower.
Rents
In Danville the median rent is $536 a month. Compared to other places in this area it is approximately $20 (3%) lower.In comparison to the rest of the country it is approximately $526 (49%) lower, and in comparison to the city of Little Rock is roughly $336 (38%) lower.
Nearby places
Corinth
Corinth is Danville's neighbor to the northwest. The real estate prices there are similar. The cost of the median home in Corinth is $92,500, which works out to $2,500 (2%) lower than Danville. Rents there are somewhat more expensive. Corinth's median monthly rent is $575, which works out to $39 (6%) higher than Danville.
Plainview
Plainview is approximately 6 miles southeast of Danville. The housing prices there are a lot less expensive. Plainview's median home value is $69,300, which is $25,700 (37%) lower than Danville. The rent there is a bit less expensive. In Plainview the median rent is $438 per month, which comes out to $98 (22%) lower than Danville.
Ola
Ola is roughly 8 miles east from Danville. Its real estate prices are a lot less expensive. The median home cost in Ola is $61,900, which is $33,100 (53%) lower than Danville. The rent there is a little less expensive. The median monthly rent in Ola is $500, which works out to $36 (7%) lower than Danville.
Dardanelle
Dardanelle is approximately 16 miles northeast of Danville. Its housing prices are a bit more expensive. The median home in Dardanelle costs $102,700, which comes out to $7,700 (7%) higher than Danville. Rent there is somewhat more expensive. The median monthly rent in Dardanelle is $593, which works out to $57 (9%) higher than Danville.
Russellville
Russellville is about 20 miles northeast of Danville. Real estate prices there are somewhat more expensive. The median home in Russellville costs $128,300, which comes out to $33,300 (25%) higher than Danville. Its rents are somewhat more expensive. Russellville's median monthly rent is $675, which comes out to $139 (20%) higher than Danville.
