Davie, FL—33314
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Davie, FL
As of Oct '25, the median home price in Davie, FL is $395,000, with a year-over-year change of -4.3%. This indicates that home prices in Davie, FL are decreasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $395,000 | -4.3% |
| Single Family | $461,000 | -4.0% |
| Condos | $221,000 | -10.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $156,000 | -10.3% |
2 Bed | $263,000 | -8.7% |
3 Bed | $441,000 | -3.7% |
4 Bed | $658,000 | -2.7% |
| 5 Bed | $1,095,000 | -0.5% |
% of Housing Stock
Rental Trends — Davie, FL
As of July '25, Rentcast reports the average rent in Davie, FL is $2,610, with a year-over-year rent change of -3.3%. Per bedroom, the median rent as of July '25 in Davie, FL is studios: $2,260, 1-bedrooms: $1,680, 2-bedrooms: $2,240, 3-bedrooms: $3,160, 4-bedrooms: $5,550. The most common rental property sizes in Davie, FL are 2-bedroom and 1-bedroom, accounting for 43.3% and 26.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,280 | $2,610 |
| Studio Rent | $1,800 | $2,260 |
| 1 Bed Rent | $1,680 | $1,680 |
| 2 Bed Rent | $2,200 | $2,240 |
| 3 Bed Rent | $3,100 | $3,160 |
| 4 Bed Rent | $4,800 | $5,550 |
% of Rental Stock
Property Listings — Davie, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Davie, FL is 73. This is a increase of 6.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $437,000 | 7.0% |
Listing Count | 129 | 20.0% |
| Listings as % of Homes | 0.7% | 20.0% |
Days on Market | 73 | 6.0% |
Demographics — Davie, FL
As of the latest ACS Survey released in 2023, Davie, FL has a population of 30,100, which has increased by 15.0% over the past 5 years. Davie, FL is a moderately popular place for families, as children make up 19.4% of the population. The area has a moderately educated workforce, with 30.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,100 | 15.0% |
% Under 18 | 19.4% | -4.4% |
% Seniors | 8.8% | -12.0% |
% WFH | 8.1% | 47.3% |
% w/ College Degree | 30.2% | 18.0% |
As of the latest ACS Survey released in 2023, Davie, FL is a predominantly hispanic area, with 48.8% of the population identifying as hispanic. The hispanic population has grown by 6.3% in the last 5 years. The second most common race or ethnicity in Davie, FL is white, making up 28.6% of the population. Foreign-born residents account for 37.9% of the population in Davie, FL, and this percentage has increased by 8.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 28.6% | -19.0% |
% Black | 13.9% | 13.0% |
% Hispanic | 48.8% | 6.3% |
% Asian | 6.0% | 57.9% |
% Foreign Born | 37.9% | 8.9% |
Mortgage and Risk — Davie, FL
According to HUD data as of 2023, there were 315 mortgage originations in Davie, FL, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Davie, FL. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 315 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Davie, FL
As of 2024, the percent of homes in Davie, FL under the Section 8 program is 2.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Davie, FL, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 200 |
Total Units Section 8 | 200 |
% Rentals under Section 8 | 2.7% |
% Occupied Section 8 | 90.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $320 | $1,680 | $2,000 |
| 2 Bedroom | $280 | $2,200 | $2,480 |
| 3 Bedroom | $320 | $3,100 | $3,420 |
| 4 Bedroom | -$640 | $4,800 | $4,160 |
Affordability — Davie, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.1 |
| Median Home Price | $395,000 |
| Median Household Income | $63,800 |