Davenport, IA—52804
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 $173,000, with a year-over-year change of 2.8%. This indicates that home prices in Davenport, IA are increasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $173,000 | 2.8% |
| Single Family | $175,000 | 2.9% |
| Condos | $115,000 | 8.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $89,000 | 7.2% |
2 Bed | $139,000 | 5.3% |
3 Bed | $179,000 | 2.9% |
4 Bed | $220,000 | 2.8% |
| 5 Bed | $279,000 | 3.7% |
% of Housing Stock
Rental Trends — Davenport, IA
As of July '25, Rentcast reports the average rent in Davenport, IA is $1,140, with a year-over-year rent change of 1.8%. Per bedroom, the median rent as of July '25 in Davenport, IA is 1-bedrooms: $734, 2-bedrooms: $985, 3-bedrooms: $1,500, 4-bedrooms: $1,650. The most common rental property sizes in Davenport, IA are 2-bedroom and 3-bedroom, accounting for 41.6% and 25.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $1,140 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $750 | $734 |
| 2 Bed Rent | $895 | $985 |
| 3 Bed Rent | $1,350 | $1,500 |
| 4 Bed Rent | $1,450 | $1,650 |
% 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 30. This is a decrease of -10.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $195,000 | 12.0% |
Listing Count | 102 | 5.0% |
| Listings as % of Homes | 0.4% | 5.0% |
Days on Market | 30 | -10.0% |
Demographics — Davenport, IA
As of the latest ACS Survey released in 2023, Davenport, IA has a population of 27,000, which has decreased by -1.9% over the past 5 years. Davenport, IA is a moderately popular place for families, as children make up 22.7% of the population. The area has a poorly educated workforce, with 24.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,000 | -1.9% |
% Under 18 | 22.7% | 14.1% |
% Seniors | 15.9% | 0.6% |
% WFH | 6.6% | 78.4% |
% w/ College Degree | 24.4% | 20.2% |
As of the latest ACS Survey released in 2023, Davenport, IA is a predominantly white area, with 70.9% of the population identifying as white. The white population has shrunk by 8.4% in the last 5 years. The second most common race or ethnicity in Davenport, IA is black, making up 10.6% of the population. Foreign-born residents account for 4.3% of the population in Davenport, IA, and this percentage has decreased by 2.3% 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 | 70.9% | -8.4% |
% Black | 10.6% | 11.6% |
% Hispanic | 9.6% | 20.0% |
% Asian | 2.3% | -11.5% |
% Foreign Born | 4.3% | -2.3% |
Mortgage and Risk — Davenport, IA
According to HUD data as of 2023, there were 505 mortgage originations in Davenport, IA, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Davenport, IA. Investor activity is low, as 10.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 505 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 10.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Davenport, IA
As of 2024, the percent of homes in Davenport, IA under the Section 8 program is 8.8%. 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. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Davenport, IA, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 328 |
Total Units Section 8 | 328 |
% Rentals under Section 8 | 8.8% |
% Occupied Section 8 | 84.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $70 | $750 | $820 |
| 2 Bedroom | $115 | $895 | $1,010 |
| 3 Bedroom | -$30 | $1,350 | $1,320 |
| 4 Bedroom | $110 | $1,450 | $1,560 |
Affordability — Davenport, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $173,000 |
| Median Household Income | $64,400 |