Davenport, FL—33896
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 $361,000, with a year-over-year change of -5.0%. 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 | $361,000 | -5.0% |
| Single Family | $375,000 | -5.3% |
| Condos | $237,000 | -9.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $241,000 | -8.7% |
3 Bed | $322,000 | -5.6% |
4 Bed | $383,000 | -5.2% |
| 5 Bed | $568,000 | -3.6% |
% of Housing Stock
Rental Trends — Davenport, FL
As of July '25, Rentcast reports the average rent in Davenport, FL is $2,500, with a year-over-year rent change of -5.3%. Per bedroom, the median rent as of July '25 in Davenport, FL is 1-bedrooms: $1,490, 2-bedrooms: $2,050, 3-bedrooms: $2,290, 4-bedrooms: $2,660. The most common rental property sizes in Davenport, FL are 2-bedroom and 3-bedroom, accounting for 42.6% and 25.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,360 | $2,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,490 |
| 2 Bed Rent | $1,950 | $2,050 |
| 3 Bed Rent | $2,200 | $2,290 |
| 4 Bed Rent | $2,550 | $2,660 |
% 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 101. This is a increase of 12.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $430,000 | -2.0% |
Listing Count | 662 | 8.0% |
| Listings as % of Homes | 3.0% | 8.0% |
Days on Market | 101 | 12.0% |
Demographics — Davenport, FL
As of the latest ACS Survey released in 2023, Davenport, FL has a population of 23,100, which has increased by 136.8% over the past 5 years. Davenport, FL is a moderately popular place for families, as children make up 19.3% of the population. The area has a moderately educated workforce, with 33.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,100 | 136.8% |
% Under 18 | 19.3% | 3.2% |
% Seniors | 11.5% | -19.6% |
% WFH | 19.3% | 451.4% |
% w/ College Degree | 33.3% | 22.0% |
As of the latest ACS Survey released in 2023, Davenport, FL is a predominantly white area, with 43.9% of the population identifying as white. The white population has shrunk by 27.2% in the last 5 years. The second most common race or ethnicity in Davenport, FL is hispanic, making up 38.2% of the population. Foreign-born residents account for 18.1% of the population in Davenport, FL, and this percentage has increased by 67.6% 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 | 43.9% | -27.2% |
% Black | 11.2% | 19.1% |
% Hispanic | 38.2% | 36.4% |
% Asian | 3.1% | 210.0% |
% Foreign Born | 18.1% | 67.6% |
Mortgage and Risk — Davenport, FL
According to HUD data as of 2023, there were 1148 mortgage originations in Davenport, FL, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Davenport, FL. Investor activity is low, as 12.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,148 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 12.0% |
% Second Loans | 19.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Davenport, FL
As of 2024, the percent of homes in Davenport, FL under the Section 8 program is 0.1%. 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 | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $260 | $1,500 | $1,760 |
| 2 Bedroom | $160 | $1,950 | $2,110 |
| 3 Bedroom | $590 | $2,200 | $2,790 |
| 4 Bedroom | $890 | $2,550 | $3,440 |
Affordability — Davenport, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $361,000 |
| Median Household Income | $74,500 |