Davenport, IA—52803
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 $160,000, 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 -1.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $160,000 | 1.1% |
| Single Family | $161,000 | 0.6% |
| Condos | $76,000 | 1.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $68,000 | 0.0% |
2 Bed | $137,000 | 1.5% |
3 Bed | $170,000 | 0.6% |
4 Bed | $203,000 | 1.5% |
| 5 Bed | $232,000 | 3.1% |
% of Housing Stock
Rental Trends — Davenport, IA
As of July '25, Rentcast reports the average rent in Davenport, IA is $1,120, with a year-over-year rent change of -3.4%. Per bedroom, the median rent as of July '25 in Davenport, IA is studios: $721, 1-bedrooms: $976, 2-bedrooms: $1,020, 3-bedrooms: $1,410, 4-bedrooms: $1,510. The most common rental property sizes in Davenport, IA are 2-bedroom and 1-bedroom, accounting for 34.3% and 29.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $975 | $1,120 |
| Studio Rent | $625 | $721 |
| 1 Bed Rent | $775 | $976 |
| 2 Bed Rent | $900 | $1,020 |
| 3 Bed Rent | $1,250 | $1,410 |
| 4 Bed Rent | $1,400 | $1,510 |
% 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 29. This is a decrease of -21.0% from last year, suggesting that homes are sitting on the market shorter 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 | $155,000 | 1.0% |
Listing Count | 90 | -13.0% |
| Listings as % of Homes | 0.4% | -13.0% |
Days on Market | 29 | -21.0% |
Demographics — Davenport, IA
As of the latest ACS Survey released in 2023, Davenport, IA has a population of 21,900, which has decreased by -2.0% over the past 5 years. Davenport, IA is a moderately popular place for families, as children make up 19.4% of the population. The area has a moderately educated workforce, with 34.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,900 | -2.0% |
% Under 18 | 19.4% | -15.7% |
% Seniors | 13.6% | 22.5% |
% WFH | 9.8% | 71.9% |
% w/ College Degree | 34.9% | 13.7% |
As of the latest ACS Survey released in 2023, Davenport, IA is a predominantly white area, with 69.4% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Davenport, IA is black, making up 13.9% of the population. Foreign-born residents account for 5.0% of the population in Davenport, IA, and this percentage has increased by 38.9% 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 | 69.4% | -4.5% |
% Black | 13.9% | 1.5% |
% Hispanic | 8.6% | 10.3% |
% Asian | 0.9% | -47.1% |
% Foreign Born | 5.0% | 38.9% |
Mortgage and Risk — Davenport, IA
According to HUD data as of 2023, there were 518 mortgage originations in Davenport, IA, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Davenport, IA. Investor activity is high, as 17.0% 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 | 518 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 17.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Davenport, IA
As of 2024, the percent of homes in Davenport, IA under the Section 8 program is 6.1%. 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, 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 | 184 |
Total Units Section 8 | 184 |
% Rentals under Section 8 | 6.1% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $25 | $775 | $800 |
| 2 Bedroom | $90 | $900 | $990 |
| 3 Bedroom | $40 | $1,250 | $1,290 |
| 4 Bedroom | $120 | $1,400 | $1,520 |
Affordability — Davenport, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $160,000 |
| Median Household Income | $61,100 |