Davis, CA—95616
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Davis, CA
Home Price Trends — Davis, CA
As of Oct '25, the median home price in Davis, CA is $849,000, with a year-over-year change of -0.9%. This indicates that home prices in Davis, CA are flat. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $849,000 | -0.9% |
| Single Family | $874,000 | -1.1% |
| Condos | $480,000 | -1.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $482,000 | 3.0% |
2 Bed | $568,000 | -1.0% |
3 Bed | $763,000 | -1.2% |
4 Bed | $994,000 | -1.2% |
| 5 Bed | $1,178,000 | -1.6% |
% of Housing Stock
Rental Trends — Davis, CA
As of July '25, Rentcast reports the average rent in Davis, CA is $2,330, with a year-over-year rent change of 3.6%. Per bedroom, the median rent as of July '25 in Davis, CA is studios: $1,820, 1-bedrooms: $1,660, 2-bedrooms: $2,240, 3-bedrooms: $3,050, 4-bedrooms: $3,740. The most common rental property sizes in Davis, CA are 2-bedroom and 1-bedroom, accounting for 38.2% and 24.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,120 | $2,330 |
| Studio Rent | $1,800 | $1,820 |
| 1 Bed Rent | $1,740 | $1,660 |
| 2 Bed Rent | $2,200 | $2,240 |
| 3 Bed Rent | $2,950 | $3,050 |
| 4 Bed Rent | $3,700 | $3,740 |
% of Rental Stock
Property Listings — Davis, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Davis, CA is 68. This is a increase of 76.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $819,000 | 3.0% |
Listing Count | 75 | 66.0% |
| Listings as % of Homes | 0.1% | 66.0% |
Days on Market | 68 | 76.0% |
Demographics — Davis, CA
As of the latest ACS Survey released in 2023, Davis, CA has a population of 51,900, which has remained stable by -0.4% over the past 5 years. Davis, CA is a less popular place for families, as children make up 10.6% of the population. The area has a highly educated workforce, with 75.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 51,900 | -0.4% |
% Under 18 | 10.6% | 2.9% |
% Seniors | 12.5% | 23.8% |
% WFH | 22.5% | 251.6% |
% w/ College Degree | 75.3% | -0.1% |
As of the latest ACS Survey released in 2023, Davis, CA is a predominantly white area, with 49.9% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Davis, CA is asian, making up 25.7% of the population. Foreign-born residents account for 18.7% of the population in Davis, CA, and this percentage has decreased by 9.7% 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 | 49.9% | -3.5% |
% Black | 2.0% | -28.6% |
% Hispanic | 15.5% | 8.4% |
% Asian | 25.7% | 0.8% |
% Foreign Born | 18.7% | -9.7% |
Mortgage and Risk — Davis, CA
According to HUD data as of 2023, there were 169 mortgage originations in Davis, CA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Davis, CA. Investor activity is low, as 5.0% 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 | 169 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 5.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Davis, CA
As of 2024, the percent of homes in Davis, CA under the Section 8 program is 3.1%. 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 Davis, CA, 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 | 412 |
Total Units Section 8 | 345 |
% Rentals under Section 8 | 3.1% |
% Occupied Section 8 | 84.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $170 | $1,740 | $1,910 |
| 2 Bedroom | $300 | $2,200 | $2,500 |
| 3 Bedroom | $530 | $2,950 | $3,480 |
| 4 Bedroom | $200 | $3,700 | $3,900 |
Affordability — Davis, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 11.1 |
| Median Home Price | $849,000 |
| Median Household Income | $74,800 |