Davenport, FL—33837
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Davenport, FL
As of Oct '25, the median home price in Davenport, FL is $343,000, with a year-over-year change of -4.8%. This indicates that home prices in Davenport, FL are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $343,000 | -4.8% |
| Single Family | $345,000 | -5.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $281,000 | -6.3% |
3 Bed | $310,000 | -5.2% |
4 Bed | $364,000 | -4.5% |
| 5 Bed | $451,000 | -5.5% |
% of Housing Stock
Rental Trends — Davenport, FL
As of July '25, Rentcast reports the average rent in Davenport, FL is $2,270, with a year-over-year rent change of -3.0%. Per bedroom, the median rent as of July '25 in Davenport, FL is studios: $1,240, 1-bedrooms: $1,250, 2-bedrooms: $1,510, 3-bedrooms: $2,020, 4-bedrooms: $2,460. The most common rental property sizes in Davenport, FL are 3-bedroom and 2-bedroom, accounting for 50.2% and 19.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,270 |
| Studio Rent | $1,050 | $1,240 |
| 1 Bed Rent | $1,280 | $1,250 |
| 2 Bed Rent | $1,350 | $1,510 |
| 3 Bed Rent | $2,000 | $2,020 |
| 4 Bed Rent | $2,350 | $2,460 |
% of Rental Stock
Property Listings — Davenport, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Davenport, FL is 93. This is a increase of 35.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $389,000 | 0.0% |
Listing Count | 850 | 5.0% |
| Listings as % of Homes | 3.4% | 5.0% |
Days on Market | 93 | 35.0% |
Demographics — Davenport, FL
As of the latest ACS Survey released in 2023, Davenport, FL has a population of 45,100, which has increased by 64.6% over the past 5 years. Davenport, FL is a moderately popular place for families, as children make up 24.5% of the population. The area has a moderately educated workforce, with 27.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 45,100 | 64.6% |
% Under 18 | 24.5% | 8.4% |
% Seniors | 16.1% | -4.7% |
% WFH | 14.8% | 105.6% |
% w/ College Degree | 27.1% | 9.7% |
As of the latest ACS Survey released in 2023, Davenport, FL is a predominantly hispanic area, with 41.7% of the population identifying as hispanic. The hispanic population has grown by 18.1% in the last 5 years. The second most common race or ethnicity in Davenport, FL is white, making up 35.8% of the population. Foreign-born residents account for 17.8% of the population in Davenport, FL, and this percentage has increased by 29.0% 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 | 35.8% | -31.8% |
% Black | 15.6% | 73.3% |
% Hispanic | 41.7% | 18.1% |
% Asian | 2.1% | -4.5% |
% Foreign Born | 17.8% | 29.0% |
Mortgage and Risk — Davenport, FL
According to HUD data as of 2023, there were 2309 mortgage originations in Davenport, FL, of which 47.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 58.0% above 90% LTV (very high). This implies large mortgage risk in Davenport, FL. Investor activity is low, as 3.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 2,309 |
% Conventional Loans | 47.0% |
% Government Loans | 53.0% |
% Investor Loans | 3.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Davenport, FL
As of 2024, the percent of homes in Davenport, FL under the Section 8 program is 0.5%. 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. In Davenport, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 21 |
Total Units Section 8 | 21 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $210 | $1,280 | $1,490 |
| 2 Bedroom | $480 | $1,350 | $1,830 |
| 3 Bedroom | $460 | $2,000 | $2,460 |
| 4 Bedroom | $720 | $2,350 | $3,070 |
Affordability — Davenport, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $343,000 |
| Median Household Income | $75,900 |