Danville, VA home prices
Typical home $165,829 · +1.1% in a year · income needed $45,300
The Danville, VA metro area ranks 775 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +1.1% in a year and +32.2% over five years. With 20% down at 7.11%, the typical home costs about $1,057 a month including 0.59% property tax (Pittsylvania County rate).
Mortgage on the typical Danville home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $33,166 | $132,664 | $892 | $0 | $164 | $1,057 | $45,300 |
| 10% down | $16,583 | $149,247 | $1,004 | $62 | $164 | $1,230 | $52,700 |
| 5% down | $8,291 | $157,538 | $1,060 | $66 | $164 | $1,289 | $55,300 |
| 3.5% down (FHA) | $5,804 | $162,826 | $1,095 | $73 | $164 | $1,333 | $57,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.59% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Danville area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Pittsylvania County, VA | $193,773 | +2.2% | 0.59% |
| Danville City, VA | $133,231 | -1.0% | 0.65% |
What can you afford in Virginia on your salary? · Virginia home prices · Salaries in Virginia
Frequently asked questions
How much is a house in Danville?
The typical home in the Danville, VA metro area is worth $165,829 (Zillow, September 2026).
What salary do you need to buy a house in Danville?
About $45,300 a year for the typical home with 20% down at 7.11%.