IL · Metro #144

Davenport - IA housing market

The Davenport metro has a typical home value of $195,380, up 4.9% from a year ago. Homes are moving fast at 9 days on market - a strong seller's market. Data from Zillow Research, updated monthly.

Typical home value
$195,380
+4.9% vs. year ago
Median sale price
$186,906
+2.8% YoY
Median list price
$198,317
Sale-to-list ratio
98.0%
Selling below ask
Days on market
9d
Listings w/ price cut
19.9%
New listings / mo
463
+0.9% YoY
Homes for sale
1,068
-2.0% YoY
Typical rent
$1,021/mo
+3.7% YoY
Context

How to read this data

The typical home value ($195,380) is the Zillow Home Value Index for the Davenport - IA metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 4.9% over the past year. In Davenport - IA, that means a home worth $186,254 last year is now worth roughly $195,380.

The median sale price , what homes actually close for , is $186,906. Homes are selling at 98.0% of list price, meaning buyers have room to negotiate.

Homes listed in Davenport - IA sit on the market for roughly 9 days before going pending. Shorter = seller's market; longer = buyer's market.

About 19.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 463 new listings hit the market each month in Davenport - IA. There are currently 1,068 homes for sale, down 2.0% from a year ago.

The typical monthly rent in Davenport - IA is $1,021, up 3.7% year over year. For investors, the price-to-rent ratio here is roughly 16x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Related

Other metros in IL

MetroHome value1-yr changeDays on market
Chicago - IL$353,998 +4.4% 8.0d
Peoria - IL$172,742 +7.7% 6.0d
Rockford - IL$221,368 +9.1% 7.0d
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