Is Danville, IA 52623 a buyer’s or seller’s market?
Danville is a seller’s market. With about 3.2 months of supply and 25% 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.
The Danville housing market right now
In the three months ending August 31, 2026, 25% of homes in Danville, IA 52623 sold above their list price, the typical home went under contract in 20 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (25% then), homes sold faster (57 days then) and the median sale price fell 44% to $159,931. Overall, Danville is more competitive than a year ago, so tougher for buyers.
Within Des Moines County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 83%.
Nearby, buyers who want less competition could look at Yarmouth 52660 (0% sold over asking) or Sperry 52650 (0% sold over asking), while Mediapolis 52637 (40% sold over asking) is even more competitive.
Run the numbers for 52623
Nearby markets
Burlington 52601Seller’s market $101 /sq ftMediapolis 52637Buyer’s market $169 /sq ftMiddletown 52638Seller’s market $141 /sq ftOakville 52646 — /sq ft Browse all markets →Towns like Danville nearby
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Questions about Danville real estate
Is Danville a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Danville, IA 52623 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 20 days in the latest three months.
Do homes in Danville sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 100.6% of the list price.
What are property taxes in Danville?
About 1.51% of a home’s value a year in Des Moines County, or roughly $6,040 on a $400,000 home.
What is the median home price in Danville?
The median sale price was $159,931 in the three months ending August 31, 2026, about $111 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