Davenport, IA—52802
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Davenport, IA
As of Oct '25, the median home price in Davenport, IA is $103,000, with a year-over-year change of 1.1%. This indicates that home prices in Davenport, IA are increasing. According to Zillow, the 1-year price projection is -1.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $103,000 | 1.1% |
| Single Family | $103,000 | 1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $60,000 | 1.7% |
2 Bed | $95,000 | 0.0% |
3 Bed | $113,000 | 1.8% |
4 Bed | $122,000 | 3.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Davenport, IA
As of July '25, Rentcast reports the average rent in Davenport, IA is $922, with a year-over-year rent change of -7.2%. Per bedroom, the median rent as of July '25 in Davenport, IA is studios: $600, 1-bedrooms: $715, 2-bedrooms: $939, 3-bedrooms: $1,280, 4-bedrooms: $1,350. The most common rental property sizes in Davenport, IA are 2-bedroom and 1-bedroom, accounting for 64.5% and 14.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $795 | $922 |
| Studio Rent | $550 | $600 |
| 1 Bed Rent | $675 | $715 |
| 2 Bed Rent | $800 | $939 |
| 3 Bed Rent | $1,300 | $1,280 |
| 4 Bed Rent | $1,350 | $1,350 |
% of Rental Stock
Property Listings — Davenport, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Davenport, IA is 55. This is a increase of 24.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $117,000 | 22.0% |
Listing Count | 40 | 6.0% |
| Listings as % of Homes | 0.6% | 6.0% |
Days on Market | 55 | 24.0% |
Demographics — Davenport, IA
As of the latest ACS Survey released in 2023, Davenport, IA has a population of 9,390, which has decreased by -9.4% over the past 5 years. Davenport, IA is a moderately popular place for families, as children make up 21.0% of the population. The area has a poorly educated workforce, with 8.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,390 | -9.4% |
% Under 18 | 21.0% | -20.8% |
% Seniors | 13.9% | 33.7% |
% WFH | 8.9% | 97.8% |
% w/ College Degree | 8.2% | -19.6% |
As of the latest ACS Survey released in 2023, Davenport, IA is a predominantly white area, with 70.8% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Davenport, IA is hispanic, making up 14.3% of the population. Foreign-born residents account for 4.0% of the population in Davenport, IA, and this percentage has decreased by 18.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 70.8% | -1.7% |
% Black | 5.4% | -41.3% |
% Hispanic | 14.3% | -4.0% |
% Asian | 1.2% | -47.8% |
% Foreign Born | 4.0% | -18.4% |
Mortgage and Risk — Davenport, IA
According to HUD data as of 2023, there were 155 mortgage originations in Davenport, IA, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Davenport, IA. Investor activity is high, as 19.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 155 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 19.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Davenport, IA
As of 2024, the percent of homes in Davenport, IA under the Section 8 program is 5.5%. 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, IA, 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 | 67 |
Total Units Section 8 | 67 |
% Rentals under Section 8 | 5.5% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $195 | $675 | $870 |
| 2 Bedroom | $270 | $800 | $1,070 |
| 3 Bedroom | $90 | $1,300 | $1,390 |
| 4 Bedroom | $300 | $1,350 | $1,650 |
Affordability — Davenport, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $103,000 |
| Median Household Income | $50,800 |