Davenport, IA—52806
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 $209,000, with a year-over-year change of 1.3%. This indicates that home prices in Davenport, IA are increasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $209,000 | 1.3% |
| Single Family | $214,000 | 1.4% |
| Condos | $127,000 | 3.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $142,000 | 2.2% |
3 Bed | $207,000 | 1.5% |
4 Bed | $275,000 | 2.2% |
| 5 Bed | $319,000 | 2.2% |
% 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 -2.6%. Per bedroom, the median rent as of July '25 in Davenport, IA is studios: $812, 1-bedrooms: $863, 2-bedrooms: $1,060, 3-bedrooms: $1,600, 4-bedrooms: $1,950. The most common rental property sizes in Davenport, IA are 2-bedroom and 3-bedroom, accounting for 48.1% and 21.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $995 | $1,140 |
| Studio Rent | $725 | $812 |
| 1 Bed Rent | $745 | $863 |
| 2 Bed Rent | $975 | $1,060 |
| 3 Bed Rent | $1,250 | $1,600 |
| 4 Bed Rent | $1,900 | $1,950 |
% 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 32. This is a increase of 18.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $230,000 | 4.0% |
Listing Count | 78 | -15.0% |
| Listings as % of Homes | 0.4% | -15.0% |
Days on Market | 32 | 18.0% |
Demographics — Davenport, IA
As of the latest ACS Survey released in 2023, Davenport, IA has a population of 27,700, which has remained stable by -0.6% over the past 5 years. Davenport, IA is a moderately popular place for families, as children make up 23.6% of the population. The area has a moderately educated workforce, with 31.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,700 | -0.6% |
% Under 18 | 23.6% | -6.3% |
% Seniors | 19.3% | 17.0% |
% WFH | 8.3% | 159.4% |
% w/ College Degree | 31.9% | 37.5% |
As of the latest ACS Survey released in 2023, Davenport, IA is a predominantly white area, with 74.5% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Davenport, IA is black, making up 11.9% of the population. Foreign-born residents account for 4.5% of the population in Davenport, IA, and this percentage has increased by 36.4% 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 | 74.5% | -0.9% |
% Black | 11.9% | 11.2% |
% Hispanic | 7.0% | -2.8% |
% Asian | 2.3% | -28.1% |
% Foreign Born | 4.5% | 36.4% |
Mortgage and Risk — Davenport, IA
According to HUD data as of 2023, there were 505 mortgage originations in Davenport, IA, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Davenport, IA. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 505 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Davenport, IA
As of 2024, the percent of homes in Davenport, IA under the Section 8 program is 10.1%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Davenport, IA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 441 |
Total Units Section 8 | 354 |
% Rentals under Section 8 | 10.1% |
% Occupied Section 8 | 88.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $105 | $745 | $850 |
| 2 Bedroom | $75 | $975 | $1,050 |
| 3 Bedroom | $120 | $1,250 | $1,370 |
| 4 Bedroom | -$280 | $1,900 | $1,620 |
Affordability — Davenport, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $209,000 |
| Median Household Income | $73,700 |