Davie, FL—33325
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 $610,000, with a year-over-year change of -3.4%. This indicates that home prices in Davie, FL are decreasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $610,000 | -3.4% |
| Single Family | $640,000 | -3.6% |
| Condos | $262,000 | -8.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $217,000 | -6.1% |
2 Bed | $300,000 | -7.7% |
3 Bed | $530,000 | -3.3% |
4 Bed | $770,000 | -2.2% |
| 5 Bed | $1,542,000 | -1.8% |
% of Housing Stock
Rental Trends — Davie, FL
As of July '25, Rentcast reports the average rent in Davie, FL is $3,270, with a year-over-year rent change of -0.3%. Per bedroom, the median rent as of July '25 in Davie, FL is 1-bedrooms: $1,860, 2-bedrooms: $2,360, 3-bedrooms: $3,300, 4-bedrooms: $5,190. The most common rental property sizes in Davie, FL are 2-bedroom and 3-bedroom, accounting for 42.3% and 42.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $3,270 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,860 | $1,860 |
| 2 Bed Rent | $2,300 | $2,360 |
| 3 Bed Rent | $3,150 | $3,300 |
| 4 Bed Rent | $4,650 | $5,190 |
% 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 74. This is a increase of 25.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $727,000 | -11.0% |
Listing Count | 156 | 10.0% |
| Listings as % of Homes | 0.8% | 10.0% |
Days on Market | 74 | 25.0% |
Demographics — Davie, FL
As of the latest ACS Survey released in 2023, Davie, FL has a population of 30,900, which has increased by 6.8% over the past 5 years. Davie, FL is a moderately popular place for families, as children make up 23.2% of the population. The area has a moderately educated workforce, with 37.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,900 | 6.8% |
% Under 18 | 23.2% | 2.7% |
% Seniors | 10.2% | -2.9% |
% WFH | 16.6% | 219.2% |
% w/ College Degree | 37.7% | 1.6% |
As of the latest ACS Survey released in 2023, Davie, FL is a predominantly hispanic area, with 51.3% of the population identifying as hispanic. The hispanic population has grown by 28.6% in the last 5 years. The second most common race or ethnicity in Davie, FL is white, making up 32.9% of the population. Foreign-born residents account for 34.7% of the population in Davie, FL, and this percentage has increased by 6.8% 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 | 32.9% | -28.8% |
% Black | 7.5% | 13.6% |
% Hispanic | 51.3% | 28.6% |
% Asian | 3.5% | -35.2% |
% Foreign Born | 34.7% | 6.8% |
Mortgage and Risk — Davie, FL
According to HUD data as of 2023, there were 244 mortgage originations in Davie, FL, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Davie, FL. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 244 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Davie, FL
As of 2024, the percent of homes in Davie, FL under the Section 8 program is 1.8%. 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 | 48 |
Total Units Section 8 | 48 |
% Rentals under Section 8 | 1.8% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $370 | $1,860 | $2,230 |
| 2 Bedroom | $460 | $2,300 | $2,760 |
| 3 Bedroom | $660 | $3,150 | $3,810 |
| 4 Bedroom | -$20 | $4,650 | $4,630 |
Affordability — Davie, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.1 |
| Median Home Price | $610,000 |
| Median Household Income | $96,000 |