Davis, CA—95618
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 $829,000, with a year-over-year change of -1.4%. This indicates that home prices in Davis, CA are decreasing. 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 | $829,000 | -1.4% |
| Single Family | $855,000 | -1.2% |
| Condos | $408,000 | -1.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $475,000 | -2.5% |
3 Bed | $729,000 | -1.2% |
4 Bed | $1,000,000 | 0.0% |
| 5 Bed | $1,298,000 | 2.0% |
% of Housing Stock
Rental Trends — Davis, CA
As of July '25, Rentcast reports the average rent in Davis, CA is $2,540, with a year-over-year rent change of -6.3%. Per bedroom, the median rent as of July '25 in Davis, CA is studios: $1,920, 1-bedrooms: $2,100, 2-bedrooms: $2,560, 3-bedrooms: $2,990, 4-bedrooms: $3,210. The most common rental property sizes in Davis, CA are 2-bedroom and 3-bedroom, accounting for 39.4% and 29.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,470 | $2,540 |
| Studio Rent | $1,820 | $1,920 |
| 1 Bed Rent | $2,060 | $2,100 |
| 2 Bed Rent | $2,480 | $2,560 |
| 3 Bed Rent | $3,000 | $2,990 |
| 4 Bed Rent | $3,600 | $3,210 |
% 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 47. This is a increase of 5.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $799,000 | -5.0% |
Listing Count | 55 | 34.0% |
| Listings as % of Homes | 0.1% | 34.0% |
Days on Market | 47 | 5.0% |
Demographics — Davis, CA
As of the latest ACS Survey released in 2023, Davis, CA has a population of 27,000, which has remained stable by 1.0% over the past 5 years. Davis, CA is a moderately popular place for families, as children make up 17.5% of the population. The area has a highly educated workforce, with 72.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,000 | 1.0% |
% Under 18 | 17.5% | -18.6% |
% Seniors | 13.8% | 23.2% |
% WFH | 21.4% | 146.0% |
% w/ College Degree | 72.3% | -3.1% |
As of the latest ACS Survey released in 2023, Davis, CA is a predominantly white area, with 49.8% of the population identifying as white. The white population has shrunk by 12.0% in the last 5 years. The second most common race or ethnicity in Davis, CA is asian, making up 23.7% of the population. Foreign-born residents account for 24.5% of the population in Davis, CA, and this percentage has increased by 14.5% 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 | 49.8% | -12.0% |
% Black | 3.1% | 93.8% |
% Hispanic | 17.9% | 26.1% |
% Asian | 23.7% | 8.7% |
% Foreign Born | 24.5% | 14.5% |
Mortgage and Risk — Davis, CA
According to HUD data as of 2023, there were 238 mortgage originations in Davis, CA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Davis, CA. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 238 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Davis, CA
As of 2024, the percent of homes in Davis, CA under the Section 8 program is 6.8%. 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. 2-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Davis, CA, because HUD payments exceed market rent, while 1-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 367 |
Total Units Section 8 | 335 |
% Rentals under Section 8 | 6.8% |
% Occupied Section 8 | 76.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$20 | $2,060 | $2,040 |
| 2 Bedroom | $200 | $2,480 | $2,680 |
| 3 Bedroom | $730 | $3,000 | $3,730 |
| 4 Bedroom | $580 | $3,600 | $4,180 |
Affordability — Davis, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.3 |
| Median Home Price | $829,000 |
| Median Household Income | $112,000 |