Similar to its nearby areas, it's substantially less expensive compared to the rest of the country. However it's a bit less expensive compared to the city of Champaign.
Home prices
The value of the median home in Danvers is $134,500. In comparison to the surrounding areas it is approximately $3,740 (2%) lower.It is approximately $83,000 (38%) lower in comparison to the country as a whole, and compared to the city of Champaign is approximately $27,300 (16%) lower.
Rents
In Danvers the median rent is $819 a month. This is approximately $61 (8%) higher in comparison to its surrounding areas.It is about $243 (22%) lower in comparison to the entire nation, and compared to the city of Champaign is roughly $133 (13%) lower.
Nearby places
Carlock
Carlock is about 4 miles northeast of Danvers. The real estate prices there are a bit less expensive. The median home in Carlock is valued at $121,300, which is $13,200 (10%) lower than Danvers. Rents there are pretty similar. In Carlock the median monthly rent is $788, which works out to $31 (3%) lower than Danvers.
Congerville
Congerville is roughly 6 miles north of Danvers. The real estate prices there are fairly similar. Congerville's median home cost is $137,800, which is $3,300 (2%) higher than Danvers. Its rents are pretty similar. Congerville's median rent is $817 a month, which is very similar to Danvers.
Stanford
Stanford is about 6 miles south of Danvers. The housing prices there are substantially less expensive. The median home in Stanford is valued at $87,800, which comes out to $46,700 (53%) lower than Danvers. Its rents are pretty similar. Stanford's median monthly rent is $813, which is very similar to Danvers.
Goodfield
Goodfield is about 7 miles northwest from Danvers. Its housing prices are a lot more expensive. The cost of the median home in Goodfield is $205,600, which is $71,100 (34%) higher than Danvers. Rents there are a lot less expensive. In Goodfield the median rent is $613 per month, which comes out to $206 (33%) lower than Danvers.
Mackinaw
Mackinaw is about 8 miles west from Danvers. The real estate prices there are pretty similar. The median home in Mackinaw is valued at $138,700, which comes out to $4,200 (3%) higher than Danvers. The rent there is a bit less expensive. In Mackinaw the median rent is $757 a month, which works out to $62 (8%) lower than Danvers.
