Davenport, FL—33897
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 $345,000, with a year-over-year change of -6.5%. 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 | $345,000 | -6.5% |
| Single Family | $353,000 | -6.6% |
| Condos | $195,000 | -13.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $212,000 | -10.9% |
3 Bed | $301,000 | -7.7% |
4 Bed | $364,000 | -6.2% |
| 5 Bed | $464,000 | -7.0% |
% of Housing Stock
Rental Trends — Davenport, FL
As of July '25, Rentcast reports the average rent in Davenport, FL is $2,170, with a year-over-year rent change of -5.2%. Per bedroom, the median rent as of July '25 in Davenport, FL is studios: $1,060, 1-bedrooms: $1,080, 2-bedrooms: $1,790, 3-bedrooms: $2,080, 4-bedrooms: $2,490. The most common rental property sizes in Davenport, FL are 3-bedroom and 4-bedroom, accounting for 34.9% and 28.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,170 |
| Studio Rent | $950 | $1,060 |
| 1 Bed Rent | $1,080 | $1,080 |
| 2 Bed Rent | $1,750 | $1,790 |
| 3 Bed Rent | $1,980 | $2,080 |
| 4 Bed Rent | $2,450 | $2,490 |
% 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 87. This is a increase of 16.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $417,000 | -3.0% |
Listing Count | 499 | 1.0% |
| Listings as % of Homes | 2.4% | 1.0% |
Days on Market | 87 | 16.0% |
Demographics — Davenport, FL
As of the latest ACS Survey released in 2023, Davenport, FL has a population of 29,200, which has increased by 47.1% over the past 5 years. Davenport, FL is a moderately popular place for families, as children make up 20.7% of the population. The area has a moderately educated workforce, with 28.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,200 | 47.1% |
% Under 18 | 20.7% | -8.0% |
% Seniors | 13.6% | -18.6% |
% WFH | 15.1% | 308.1% |
% w/ College Degree | 28.0% | 56.4% |
As of the latest ACS Survey released in 2023, Davenport, FL is a predominantly white area, with 44.8% of the population identifying as white. The white population has shrunk by 14.5% in the last 5 years. The second most common race or ethnicity in Davenport, FL is hispanic, making up 43.3% of the population. Foreign-born residents account for 15.9% of the population in Davenport, FL, and this percentage has increased by 14.4% 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 | 44.8% | -14.5% |
% Black | 6.5% | -5.8% |
% Hispanic | 43.3% | 18.3% |
% Asian | 2.0% | 33.3% |
% Foreign Born | 15.9% | 14.4% |
Mortgage and Risk — Davenport, FL
According to HUD data as of 2023, there were 671 mortgage originations in Davenport, FL, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Davenport, FL. Investor activity is low, as 10.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 671 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 10.0% |
% Second Loans | 17.0% |
% Cash Out Refinance | 11.0% |
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 | 7 |
Total Units Section 8 | 7 |
% 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 | $570 | $1,080 | $1,650 |
| 2 Bedroom | $270 | $1,750 | $2,020 |
| 3 Bedroom | $730 | $1,980 | $2,710 |
| 4 Bedroom | $930 | $2,450 | $3,380 |
Affordability — Davenport, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $345,000 |
| Median Household Income | $73,500 |