Is Danville, IN 46122 a buyer’s or seller’s market?
Danville is a seller’s market. With about 2.6 months of supply and 22% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 62% of U.S. ZIP codes, and #97 of 306 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Danville housing market right now
In the three months ending August 31, 2026, 22% of homes in Danville, IN 46122 sold above their list price, the typical home went under contract in 23 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 99 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 17%, homes sold faster (29 days then) and the median sale price fell 6% to $344,848. Overall, Danville is more competitive than a year ago, so tougher for buyers.
Within Hendricks County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in 70%. On our competition score, Danville ranks #97 of 306 IN ZIP codes with enough sales (score 60 out of 100).
Nearby, buyers who want less competition could look at Lizton 46149 (0% sold over asking) or Indianapolis 46231 (11% sold over asking), while North Salem 46165 (50% sold over asking) is even more competitive.
Run the numbers for 46122
Nearby markets
Amo 46103 — /sq ftAvon 46123Seller’s market $158 /sq ftBrownsburg 46112Seller’s market $169 /sq ftClayton 46118Seller’s market $166 /sq ft Browse all markets →Towns like Danville nearby
Find towns like Danville in other states →Where Danville is
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Questions about Danville real estate
Is Danville a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Danville, IN 46122 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Danville?
The typical home went under contract in 23 days in the latest three months.
Do homes in Danville sell over asking?
22% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.
What are property taxes in Danville?
About 0.81% of a home’s value a year in Hendricks County, or roughly $3,240 on a $400,000 home.
What is the median home price in Danville?
The median sale price was $344,848 in the three months ending August 31, 2026, about $165 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology