Population: How Many People Live in Davenport?
In short, Davenport’s population has almost doubled in size over the past ten years.
Currently, 4,682 people call Davenport home, and this number is expected to keep growing.
Data updated:
March 1, 2021
Davenport Real Estate market statistics and latest trends - March, 2021
For Sale Statistics
February, 2021
| Average Homes Prices: | $280,606 |
| Average Price Per Square Foot: | $137.89 |
| For Sale Inventory: | 229 Properties |
| Homes Sold: | 281 Properties |
| Average Time To Sale: | 61 Days |
| Average Mortgate Rates: | 2.73% |
For Rent Statistics
February, 2021
| Average Rental Price: | $1,813 |
| Average Rental Price Per Square Foot: | $0.96 |
| For Rent Inventory: | 63 Properties |
| Homes Rented: | 89 Properties |
| Average Time To Rent: | 35 Days |
Demographics
Area´s Population:
4,682 People
Average Household Income:
$48,182 Per Year
Area´s Area Size
3.6 Square Miles
*Data provided by StellarMLS and Orlando Realtors Association
Davenport FL—one of Orlando’s best-kept real estate secrets. Indeed, while you’ve probably never heard of this sleepy country-meets-suburb, Davenport is one of the best up-and-coming communities in the area. In short, the housing market in Davenport offers real estate for everyone including luxurious large homes, pool homes, single family homes, townhomes, condos and more! What’s more, you’ll find that although this community has so much to offer, the average home price is Davenport is well below Orlando’s average. Additionally, Davenport’s housing market statistics show undeniable economic and population growth over the past decade and this trend is expected to continue. For these reasons, a Davenport real estate market investment is a great idea. Contact Authentic Real Estate Team today!
Your Most Up to Date Davenport Housing Market Overview
While it may be true that Davenport is relatively unknown, this won’t last for long.
For one thing, the Davenport real estate market forecast for 2021 is heating up as sales, home values and home prices are increasing.
Additionally, it is projected that this area will see long-term growth that will bolster the Davenport real estate market for a long time to come.
Therefore, we highly recommend Davenport for your next big move or real estate investment.
What Is the Average & Median Home Price in Davenport, Florida?
As can be seen by Orlando’s general economic and population boom, the average and median home prices in the region are going up.
And Davenport’s real estate market is no exception to this rule.
Put concretely, in February, 2021 the median and average home price in Davenport was about $275,000 and $280,606, respectively.
March, 2020
| Homes Prices | Average | Median |
| Condo | $155,744 | $149,750 |
| Townhouse | $203,255 | $194,375 |
| Single Family | $267,399 | $245,305 |
| Overall | $252,954 | $241,000 |
April, 2020
| Homes Prices | Average | Median |
| Condo | $144,929 | $130,000 |
| Townhouse | $211,866 | $215,168 |
| Single Family | $273,010 | $264,697 |
| Overall | $261,192 | $255,000 |
May, 2020
| Homes Prices | Average | Median |
| Condo | $129,000 | $127,000 |
| Townhouse | $188,721 | $182,000 |
| Single Family | $272,525 | $255,000 |
| Overall | $252,606 | $246,005 |
June, 2020
| Homes Prices | Average | Median |
| Condo | $160,147 | $147,500 |
| Townhouse | $204,044 | $192,000 |
| Single Family | $278,444 | $265,733 |
| Overall | $262,017 | $255,000 |
July, 2020
| Homes Prices | Average | Median |
| Condo | $147,278 | $140,000 |
| Townhouse | $204,455 | $197,500 |
| Single Family | $273,114 | $265,000 |
| Overall | $260,962 | $255,000 |
August, 2020
| Homes Prices | Average | Median |
| Condo | $160,500 | $150,000 |
| Townhouse | $199,206 | $204,990 |
| Single Family | $272,148 | $260,510 |
| Overall | $258,952 | $252,000 |
September, 2020
| Homes Prices | Average | Median |
| Condo | $131,308 | $130,000 |
| Townhouse | $199,166 | $195,000 |
| Single Family | $280,790 | $264,990 |
| Overall | $262,204 | $255,000 |
October, 2020
| Homes Prices | Average | Median |
| Condo | $134,147 | $136,600 |
| Townhouse | $203,445 | $202,000 |
| Single Family | $283,889 | $270,000 |
| Overall | $269,996 | $260,000 |
November, 2020
| Homes Prices | Average | Median |
| Condo | $163,311 | $153,000 |
| Townhouse | $227,054 | $227,241 |
| Single Family | $295,139 | $280,552 |
| Overall | $279,620 | $271,000 |
December, 2020
| Homes Prices | Average | Median |
| Condo | $145,329 | $156,000 |
| Townhouse | $227,190 | $221,990 |
| Single Family | $295,784 | $278,805 |
| Overall | $279,620 | $169,995 |
January, 2021
| Homes Prices | Average | Median |
| Condo | $136,232 | $126,500 |
| Townhouse | $208,282 | $200,000 |
| Single Family | $310,845 | $285,990 |
| Overall | $285,827 | $275,000 |
February, 2021
| Homes Prices | Average | Median |
| Condo | $144,018 | $122,000 |
| Townhouse | $216,114 | $221,000 |
| Single Family | $307,377 | $292,795 |
| Overall | $280,606 | $275,000 |
Average home price for the last 12 months in Davenport, Florida
Condo
Townhouse
Single Family
Overall
For Sale: Average Price per Square Foot
Here, you’ll find the average price per square foot for a home in Davenport is actually quite affordable.
As of February, 2021 the per-square-foot rate for the Davenport FL housing market is $137.89.
March, 2020
| Average Price Per Square Foot | $130.51 |
April, 2020
| Average Price Per Square Foot | $127.80 |
May, 2020
| Average Price Per Square Foot | $129.41 |
June, 2020
| Average Price Per Square Foot | $128.72 |
July, 2020
| Average Price Per Square Foot | $131.28 |
August, 2020
| Average Price Per Square Foot | $133.63 |
September, 2020
| Average Price Per Square Foot | $136.19 |
October, 2020
| Average Price Per Square Foot | $137.14 |
November, 2020
| Average Price Per Square Foot | $136.32 |
December, 2020
| Average Price Per Square Foot | $138.29 |
January, 2021
| Average Price Per Square Foot | $136.05 |
February, 2021
| Average Price Per Square Foot | $137.89 |
Average price per square foot for the last 12 months in Davenport, Florida
Average Price Per Square Foot
Davenport for Sale Real Estate Inventory
To sum up, Davenport real estate is being snatched up at a fast rate.
Property inventory is decreasing and data from orlandorealtors.org show that February, 2021 inventory was down to just 229 homes.
March, 2020
For Sale Inventory
| Condo | 109 |
| Townhouse | 132 |
| Single Family | 299 |
| Overall | 540 |
April, 2020
For Sale Inventory
| Condo | 117 |
| Townhouse | 141 |
| Single Family | 287 |
| Overall | 545 |
May, 2020
For Sale Inventory
| Condo | 97 |
| Townhouse | 137 |
| Single Family | 317 |
| Overall | 551 |
June, 2020
For Sale Inventory
| Condo | 102 |
| Townhouse | 124 |
| Single Family | 314 |
| Overall | 540 |
July, 2020
For Sale Inventory
| Condo | 98 |
| Townhouse | 133 |
| Single Family | 333 |
| Overall | 564 |
August, 2020
For Sale Inventory
| Condo | 80 |
| Townhouse | 119 |
| Single Family | 289 |
| Overall | 488 |
September, 2020
For Sale Inventory
| Condo | 94 |
| Townhouse | 125 |
| Single Family | 292 |
| Overall | 511 |
October, 2020
For Sale Inventory
| Condo | 79 |
| Townhouse | 120 |
| Single Family | 288 |
| Overall | 487 |
November, 2020
For Sale Inventory
| Condo | 97 |
| Townhouse | 110 |
| Single Family | 280 |
| Overall | 487 |
December, 2020
For Sale Inventory
| Condo | 85 |
| Townhouse | 119 |
| Single Family | 282 |
| Overall | 486 |
January, 2021
For Sale Inventory
| Condo | 58 |
| Townhouse | 77 |
| Single Family | 196 |
| Overall | 331 |
February, 2021
For Sale Inventory
| Condo | 39 |
| Townhouse | 43 |
| Single Family | 147 |
| Overall | 229 |
For sale inventory for the last 12 months in Davenport, Florida
Condo
Townhouse
Single Family
Overall
Sold Homes in Davenport
When you sum up all home types, there were 281 sold in Davenport in February, 2021.
Including 212 single-family homes, 52 townhomes and 17 condos.
March, 2020
Homes Sold
| Condo | 16 |
| Townhouse | 28 |
| Single Family | 204 |
| Overall | 248 |
April, 2020
Homes Sold
| Condo | 7 |
| Townhouse | 18 |
| Single Family | 144 |
| Overall | 169 |
May, 2020
Homes Sold
| Condo | 4 |
| Townhouse | 25 |
| Single Family | 105 |
| Overall | 134 |
June, 2020
Homes Sold
| Condo | 17 |
| Townhouse | 20 |
| Single Family | 176 |
| Overall | 213 |
July, 2020
Homes Sold
| Condo | 9 |
| Townhouse | 32 |
| Single Family | 233 |
| Overall | 274 |
August, 2020
Homes Sold
| Condo | 19 |
| Townhouse | 25 |
| Single Family | 237 |
| Overall | 281 |
September, 2020
Homes Sold
| Condo | 19 |
| Townhouse | 26 |
| Single Family | 222 |
| Overall | 267 |
October, 2020
Homes Sold
| Condo | 16 |
| Townhouse | 26 |
| Single Family | 281 |
| Overall | 323 |
November, 2020
Homes Sold
| Condo | 19 |
| Townhouse | 30 |
| Single Family | 244 |
| Overall | 293 |
December, 2020
Homes Sold
| Condo | 21 |
| Townhouse | 35 |
| Single Family | 288 |
| Overall | 344 |
January, 2021
Homes Sold
| Condo | 14 |
| Townhouse | 33 |
| Single Family | 186 |
| Overall | 233 |
February, 2021
Homes Sold
| Condo | 17 |
| Townhouse | 52 |
| Single Family | 212 |
| Overall | 281 |
Homes sold in the last 12 months in Davenport, Florida
Condo
Townhouse
Single Family
Overall
Average Time to Sell a Home in Davenport
In light of Orlando’s economic explosion, homes in Davenport FL are increasingly in demand and sales go quickly.
In sum, in February, 2021 it took only 61 days on average to sell a home in Davenport.
Which indicates a wealth of excited buyers ready to close.
March, 2020
| Average Time To Sale | 55 Days |
April, 2020
| Average Time To Sale | 67 Days |
May, 2020
| Average Time To Sale | 49 Days |
June, 2020
| Average Time To Sale | 65 Days |
July, 2020
| Average Time To Sale | 59 Days |
August, 2020
| Average Time To Sale | 62 Days |
September, 2020
| Average Time To Sale | 48 Days |
October, 2020
| Average Time To Sale | 49 Days |
November, 2020
| Average Time To Sale | 60 Days |
December, 2020
| Average Time To Sale | 51 Days |
January, 2021
| Average Time To Sale | 47 Days |
February, 2021
| Average Time To Sale | 61 Days |
Average time to sell a home for the last 12 months in Davenport, Florida
Average Time To Sale
What Are the Average Mortgage Rates in Davenport, Florida?
Looking at the February, 2021 statistics, the average mortgage rate for a Davenport real estate investment was low, at 2.73%.
To emphasize, low mortgage rates have been great for the Davenport housing market as buyers are more confident to close deals.
March, 2020
| Average Mortage Rates | 3.45% |
April, 2020
| Average Mortage Rates | 3.20% |
May, 2020
| Average Mortage Rates | 3.22% |
June, 2020
| Average Mortage Rates | 3.04% |
July, 2020
| Average Mortage Rates | 2.97% |
August, 2020
| Average Mortage Rates | 2.85% |
September, 2020
| Average Mortage Rates | 2.74% |
October, 2020
| Average Mortage Rates | 2.72% |
November, 2020
| Average Mortage Rates | 2.70% |
December, 2020
| Average Mortage Rates | 2.70% |
January, 2021
| Average Mortage Rates | 2.73% |
February, 2021
| Average Mortage Rates | 2.73% |
Average mortgage rate for the last 12 months in Davenport, Florida
Average Mortage Rates
How Did COVID-19 Affect the Davenport Real Estate Market?
In truth, we all remember the onset of the Covid-19 pandemic. Indeed, it was so impactful that it is emblazoned into everyone’s memory.
- With this in mind, it’s no surprise that economists predicted the pandemic would be a disaster for real estate markets everywhere.
- However, the opposite turned out to be true for the Davenport real estate market.
- In fact, people made real estate investments in Davenport in 2020 at astoundingly high rates.
- Notwithstanding the small and short dip in sales in April and May, property sales were strong in Davenport for the rest of the year.
- In effect, the Covid-19 pandemic increased Florida’s population sending demand for real estate through the roof.
- Northeasterners, especially New Yorkers and other snowbirds are moving into Orlando at unprecedented rates to trade in the blistering cold for Florida sunshine.
- To this end, approximately 30,000 people move to Florida every month and Davenport housing market statistics show that this is having a positive effect on the real estate market.
Homes for Sale in Davenport
Indeed, Davenport homes for sale are in increasingly high demand.
This is because Davenport’s great location, proximity to downtown Orlando, good schools, affordable home prices and great investment opportunities make it a desirable suburb to call home.
Additionally, the area is becoming more luxurious as new home developments are popping up all over the region.
Therefore, lots of people are trading in tight New York apartments for sprawling Davenport real estate in a fantastic family-friendly community.
You should consider Davenport for your next big move or real estate investment too!
Davenport Demographics
Of the 4,682 residents that Davenport currently has, 62% are married couples, and 23% have children.
The average household size is approximately 2.55 and the age distribution is quite wide with the median age being about 36 years.
Additionally, the population skews female. For every 100 woman over the age of 18, there are only 86 men.
March, 2020
Demographics
| Area´s Population | 4,682 |
| Average Household Income | $48,182 |
| Area´s Area Size | 3.6 |
April, 2020
Demographics
| Area´s Population | 4,682 |
| Average Household Income | $48,182 |
| Area´s Area Size | 3.6 |
May, 2020
Demographics
| Area´s Population | 4,682 |
| Average Household Income | $48,182 |
| Area´s Area Size | 3.6 |
June, 2020
Demographics
| Area´s Population | 4,682 |
| Average Household Income | $48,182 |
| Area´s Area Size | 3.6 |
July, 2020
Demographics
| Area´s Population | 4,682 |
| Average Household Income | $48,182 |
| Area´s Area Size | 3.6 |
August, 2020
Demographics
| Area´s Population | 4,682 |
| Average Household Income | $48,182 |
| Area´s Area Size | 3.6 |
September, 2020
Demographics
| Area´s Population | 4,682 |
| Average Household Income | $48,182 |
| Area´s Area Size | 3.6 |
October, 2020
Demographics
| Area´s Population | 4,682 |
| Average Household Income | $48,182 |
| Area´s Area Size | 3.6 |
November, 2020
Demographics
| Area´s Population | 4,682 |
| Average Household Income | $48,182 |
| Area´s Area Size | 3.6 |
December, 2020
Demographics
| Area´s Population | 4,682 |
| Average Household Income | $48,182 |
| Area´s Area Size | 3.6 |
January, 2021
Demographics
| Area´s Population | 4,682 |
| Average Household Income | $48,182 |
| Area´s Area Size | 3.6 |
February, 2021
Demographics
| Area´s Population | 4,682 |
| Average Household Income | $48,182 |
| Area´s Area Size | 3.6 |
Average Household Income
Perhaps themost compelling evidencefor Davenport’s economic and population boom is the increase of its average household income.
At the present time, the median household income is about $48,182.
In brief, this economic growth is having long-lasting and positive effects.
Davenport Area Size
According to data from the United States Census Bureau, Davenport is a small town at just 1.6 square miles.
Therefore, the population density is 1,630 per square mile.
Davenport Real Estate Rental Market Statistics
In a typical year, Davenport short term rental properties are eagerly snatched up by tourists visiting Orlando for its theme parks and attractions.
On account of the Coronavirus pandemic, Florida issued a ban on short-term vacation rentals, which devastated the Davenport real estate rental market.
The ban was lifted in summer 2020, however occupancy rates were still extremely low at only 40% of the normal occupancy.
Therefore, the impact of Covid-19 differed greatly between the real estate market and the real estate rental market and rental home owners were the ones who paid the price.
On the positive side, Davenport’s real estate and housing rental market seemed to make a full recovery by the end of the year.
All available units were occupied again for the Christmas and New Year’s holidays and rental rates are steadily increasing.
What is the Average and Median Rental Price in Davenport?
On average, in February, 2021, the rental price of a property in Davenport was about $1,813 per month.
Further parsing the data, we see that condos, townhomes, and single-family homes went for $1,423, $1,556 and $2,001, respectively.
March, 2020
| Rental Prices | Average | Median |
| Condo | $1,219 | $1,225 |
| Townhouse | $1,312 | $1,300 |
| Single Family | $1,740 | $1,700 |
| Overall | $1,619 | $1,613 |
April, 2020
| Rental Prices | Average | Median |
| Condo | $1,374 | $1,250 |
| Townhouse | $1,605 | $1,563 |
| Single Family | $1,683 | $1,600 |
| Overall | $1,639 | $1,595 |
May, 2020
| Rental Prices | Average | Median |
| Condo | $1,414 | $1,445 |
| Townhouse | $1,475 | $1,413 |
| Single Family | $1,777 | $1,675 |
| Overall | $1,686 | $1,600 |
June, 2020
| Rental Prices | Average | Median |
| Condo | $1,472 | $1,500 |
| Townhouse | $1,597 | $1,650 |
| Single Family | $1,837 | $1,700 |
| Overall | $1,726 | $1,650 |
July, 2020
| Rental Prices | Average | Median |
| Condo | $1,269 | $1,250 |
| Townhouse | $1,467 | $1,550 |
| Single Family | $1,894 | $1,800 |
| Overall | $1,731 | $1,708 |
August, 2020
| Rental Prices | Average | Median |
| Condo | $1,383 | $1,400 |
| Townhouse | $1,598 | $1,650 |
| Single Family | $1,913 | $1,850 |
| Overall | $1,734 | $1,750 |
September, 2020
| Rental Prices | Average | Median |
| Condo | $1,578 | $1,600 |
| Townhouse | $1,463 | $1,400 |
| Single Family | $1,917 | $1,750 |
| Overall | $1,743 | $1,663 |
October, 2020
| Rental Prices | Average | Median |
| Condo | $1,358 | $1,400 |
| Townhouse | $1,485 | $1,500 |
| Single Family | $1,962 | $1,850 |
| Overall | $1,760 | $1,695 |
November, 2020
| Rental Prices | Average | Median |
| Condo | $1,495 | $1,463 |
| Townhouse | $1,469 | $1,450 |
| Single Family | $1,927 | $1,800 |
| Overall | $1,793 | $1,725 |
December, 2020
| Rental Prices | Average | Median |
| Condo | $1,494 | $1,500 |
| Townhouse | $1,521 | $1,575 |
| Single Family | $2,017 | $1,850 |
| Overall | $1,840 | $1,738 |
January, 2021
| Rental Prices | Average | Median |
| Condo | $1,563 | $1,500 |
| Townhouse | $1,644 | $1,600 |
| Single Family | $2,276 | $2,000 |
| Overall | $1,971 | $1,800 |
February, 2021
| Rental Prices | Average | Median |
| Condo | $1,423 | $1,375 |
| Townhouse | $1,556 | $1,600 |
| Single Family | $2,001 | $1,800 |
| Overall | $1,813 | $1,695 |
Average rent price for the last 12 months in Davenport, Florida
Condo
Townhouse
Single Family
Overall
For Rent: Average Price per Square Foot
Orlando is consistently ranked as one of the best cities to invest in a rental or vacation home.
In turn, Davenport sees a high number of people looking for a second home or real estate investment to rent out on short term contracts.
When we look at rental rates per square foot, as of February, 2021 they remain relatively stable at an average of $0.96.
March, 2020
| Average Rental Price Per Square Foot | $0.92 |
April, 2020
| Average Rental Price Per Square Foot | $0.93 |
May, 2020
| Average Rental Price Per Square Foot | $0.95 |
June, 2020
| Average Rental Price Per Square Foot | $0.94 |
July, 2020
| Average Rental Price Per Square Foot | $0.97 |
August, 2020
| Average Rental Price Per Square Foot | $1.00 |
September, 2020
| Average Rental Price Per Square Foot | $0.96 |
October, 2020
| Average Rental Price Per Square Foot | $1.02 |
November, 2020
| Average Rental Price Per Square Foot | $1.01 |
December, 2020
| Average Rental Price Per Square Foot | $0.98 |
January, 2021
| Average Rental Price Per Square Foot | $1.06 |
February, 2021
| Average Rental Price Per Square Foot | $0.96 |
Average rent price per square foot for the last 12 months in Davenport, Florida
Average Rental Price Per Square Foot
Davenport for Rent Inventory
Not only are rental rates increasing with time, but also rental inventory in and around Davenport is going down.
As a matter of fact, only 63 rental properties were available in Davenport in February, 2021.
March, 2020
For Rent Inventory
| Condo | 35 |
| Townhouse | 43 |
| Single Family | 88 |
| Overall | 166 |
April, 2020
For Rent Inventory
| Condo | 29 |
| Townhouse | 41 |
| Single Family | 77 |
| Overall | 147 |
May, 2020
For Rent Inventory
| Condo | 27 |
| Townhouse | 33 |
| Single Family | 94 |
| Overall | 154 |
June, 2020
For Rent Inventory
| Condo | 23 |
| Townhouse | 37 |
| Single Family | 80 |
| Overall | 140 |
July, 2020
For Rent Inventory
| Condo | 30 |
| Townhouse | 40 |
| Single Family | 79 |
| Overall | 149 |
August, 2020
For Rent Inventory
| Condo | 27 |
| Townhouse | 39 |
| Single Family | 85 |
| Overall | 151 |
September, 2020
For Rent Inventory
| Condo | 22 |
| Townhouse | 34 |
| Single Family | 70 |
| Overall | 126 |
October, 2020
For Rent Inventory
| Condo | 24 |
| Townhouse | 38 |
| Single Family | 79 |
| Overall | 141 |
November, 2020
For Rent Inventory
| Condo | 22 |
| Townhouse | 33 |
| Single Family | 69 |
| Overall | 124 |
December, 2020
For Rent Inventory
| Condo | 25 |
| Townhouse | 37 |
| Single Family | 72 |
| Overall | 134 |
January, 2021
For Rent Inventory
| Condo | 17 |
| Townhouse | 34 |
| Single Family | 59 |
| Overall | 110 |
February, 2021
For Rent Inventory
| Condo | 13 |
| Townhouse | 20 |
| Single Family | 30 |
| Overall | 63 |
For rent inventory for the last 12 months in Davenport, Florida
Condo
Townhouse
Single Family
Overall
Rented Homes in Davenport
Similarly, rented homes are going fast in Davenport.
In total, 89 homes were rented out in Davenport and in surrounding Orlando communities in February, 2021.
March, 2020
Homes Rented
| Condo | 4 |
| Townhouse | 20 |
| Single Family | 64 |
| Overall | 88 |
April, 2020
Homes Rented
| Condo | 7 |
| Townhouse | 10 |
| Single Family | 50 |
| Overall | 67 |
May, 2020
Homes Rented
| Condo | 6 |
| Townhouse | 16 |
| Single Family | 55 |
| Overall | 77 |
June, 2020
Homes Rented
| Condo | 9 |
| Townhouse | 47 |
| Single Family | 75 |
| Overall | 131 |
July, 2020
Homes Rented
| Condo | 8 |
| Townhouse | 35 |
| Single Family | 79 |
| Overall | 122 |
August, 2020
Homes Rented
| Condo | 9 |
| Townhouse | 44 |
| Single Family | 51 |
| Overall | 104 |
September, 2020
Homes Rented
| Condo | 10 |
| Townhouse | 27 |
| Single Family | 53 |
| Overall | 90 |
October, 2020
Homes Rented
| Condo | 9 |
| Townhouse | 31 |
| Single Family | 60 |
| Overall | 100 |
November, 2020
Homes Rented
| Condo | 6 |
| Townhouse | 16 |
| Single Family | 52 |
| Overall | 74 |
December, 2020
Homes Rented
| Condo | 9 |
| Townhouse | 14 |
| Single Family | 43 |
| Overall | 66 |
January, 2021
Homes Rented
| Condo | 5 |
| Townhouse | 28 |
| Single Family | 34 |
| Overall | 67 |
February, 2021
Homes Rented
| Condo | 12 |
| Townhouse | 22 |
| Single Family | 55 |
| Overall | 89 |
Homes rented in the last 12 months in Davenport, Florida
Condo
Townhouse
Single Family
Overall
Average Time to Rent a Home in Davenport
In any case, renting a home in Davenport and the larger Orlando area is a pretty smooth process.
According to yearly reports from orlandorealtors.org, in February, 2021 ittook just 35 days on average to rent a home here.
March, 2020
| Average Time to Rent | 43 Days |
April, 2020
| Average Time to Rent | 41 Days |
May, 2020
| Average Time to Rent | 40 Days |
June, 2020
| Average Time to Rent | 35 Days |
July, 2020
| Average Time to Rent | 33 Days |
August, 2020
| Average Time to Rent | 36 Days |
September, 2020
| Average Time to Rent | 29 Days |
October, 2020
| Average Time to Rent | 29 Days |
November, 2020
| Average Time to Rent | 31 Days |
December, 2020
| Average Time to Rent | 31 Days |
January, 2021
| Average Time to Rent | 39 Days |
February, 2021
| Average Time to Rent | 35 Days |
Average time to rent a property for the last 12 months in Davenport, Florida
Average Time to Rent
Davenport Real Estate Investment
Authentic Real Estate Team definitely encourages buyers to make a Davenport real estate investment or an investment in a neighboring community like Champions Gate, Reunion, Celebration, or Kissimmee.
According to an insider report by the Orlando Regional Realtors Association, the Davenport real estate market is going extremely strong.
In detail, average home prices and home values have been on the rise for some years now and are properties are expected to appreciate astronomically over the next 15 years.
Additionally, the worth of the vacation rental industry in Orlando is over $30 billion!
Unquestionably, we recommend that you jump start the Davenport real estate and housing market investment process as soon as possible.
Why Should I Buy a Property in Davenport, Florida?
If you don’t want to take our word for it, have a look at Davenport housing market statistics.
- All of the data points to massive boons to population growth, the economy, and average home prices and an all-around positive real estate outlook in Davenport.
- In summary, the community is already the perfect place to raise a family or retire, however, it is also becoming a real estate investor’s paradise.
Davenport Real Estate News
Great news for interested home buyers and property investors!
Davenport and the surrounding areas are experiencing a period of massive development.
In brief, there will be at least two new major housing and real estate developments completed by the end of the year.
In the hope that the region can keep up with growing buyer demand, Celebration and Winter Garden are both welcoming two new neighborhoods.
On the one hand, there is Island Village, the new single family home community that will feature 1,300 brand new properties.
Also, Hamlin Reserve is a new lakeside town center currently in the works that will feature dozens of apartments, restaurants and shops for the ultimate community experience.
Davenport Real Estate Market Forecast
In the long run, the forecast for the Davenport Real Estate Market in 2021 and beyond is looking hot, hot, hot!
In short, this market simply cannot be stopped.
Florida gains 30,000 new residents every month and a good majority of these people choose the Orlando area to settle down.
Therefore, as more and more qualified, educated and monied buyers pour into the region, the Davenport real estate market is buffing up.
For example, sell times are going down, average home prices are going up and the rental market is projected to explode in Davenport.
We forecast that Davenport home values and real estate investment values may rival those of the California and New York real estate markets.
Florida Real Estate Market Forecast and Latest Trends
All in all, the real estate market in Florida is experiencing an unprecedented strengthening.
Especially in major cities like Orlando, Miami and Tampa, the population and economic growth is quite obvious.
Florida’s GDP currently sits at place 4, however, it is expected to bump New York from its number 3 spot in the next couple years.
In effect, as the Florida economy continues to grow, so too will the Florida real estate market.
Davenport Real Estate Market Historical Data
To give you a snapshot of the last 14 years of the Davenport real estate market, we’ve compiled housing market statistics that will help you better understand the benefit that a real estate investment here can bring.
2007
Davenport Real Estate Market in 2007
In general, the 2000s were a rough decade for real estate and especially for the Orlando and Davenport real estate markets.
Overall, median home prices plateaued but YoY property sale rates plummeted by over 30%.
Additionally, property surplus was high and Sell/List price differences dipped to only 93%.
2008
Davenport Real Estate Market in 2008
Similarly, 2008 was not a great year for the Davenport real estate market.
Given that Davenport housing market statistics from this year reflect low YoY sales, high levels of inventory and a 93% Sell/List price difference, it is clear that the market was in struggle.
Finally, the end of the year brought a slight sales increase and December realised a 30% YoY sales increase.
2009
Davenport Real Estate Market in 2009
For the most part, compared to 2007 and 2008, 2009 was a positive year for growth for Davenport real estate investments.
In fact, YoY sales rose by over 30% month after month.
Also, demand for inventory went up and properties were taken off the market at a much higher rate.
November was especially good. Surprisingly, YoY sales sales increased by 109% that month but the median home price remained at $300,000.
2010
Davenport Real Estate Market in 2010
Markedly, the Davenport housing market finally welcomed some relief with a long-awaited seller’s market.
Finally, things started to pick up as interest rates declined.
As a result, buyers became more active, YoY sales grew by over 70% from January to June and the Sell/List price difference went up to 95%.
2011
Davenport Real Estate Market in 2011
Likewise, Orlando and Davenport experienced more of the same positive effects with real estate market growth in 2011.
In short, the performance of this year was almost exactly the same as the year previous.
For example, Davenport housing market statistics reveal that average home prices and Sell/List price differences remained steady.
2012
Davenport Real Estate Market in 2012
All in all, 2012, much like 2010 and 2011 saw strong performance.
Sellers in Davenport reaped major benefits as sales were very consistent and increased drastically from July to December.
Additionally, the Davenport average home price increased to $350,000 and the Sell/List price difference got a bump to 96%.
2013
Davenport Real Estate Market in 2013
Accordingly, 2013 followed in the pattern of positive growth.
In the Orlando region, YoY sales escalated every month in the first three quarters of the year.
Additionally, Davenport average home prices and home values went up to $200,000.
2014
Davenport Real Estate Market in 2014
Unfortunately, the real estate market in Davenport began to take a turn in 2014.
YoY sales figured decreased in the first half of the year but showed signs of growth again toward the end of the year.
Moreover, the average Davenport home price remained the same and there was a large surplus of inventory that sometimes reached 10,000 in some months.
2015
Davenport Real Estate Market in 2015
On the positive side, the 2014 real estate market dip was brief and didn’t have a lasting effect.
Indeed, 2015 was another great year for the Davenport housing market in terms of sales.
In short, YoY property sales went up by 8 to 40% every month between January and September.
However, there was still a surplus of inventory available throughout the year.
2016
Davenport Real Estate Market in 2016
Even though the five years prior displayed relatively consistent growth, 2016 was a year of fluctuations.
Davenport housing market statistics indicate that home values and sales were unstable and unpredictable.
However, to the delight of sellers, the average Sell/List price difference increased to 97%.
2017
Davenport Real Estate Market in 2017
Emphatically, 2017 was a great year for the Davenport real estate market and marked a real turning point to a period of prosperity.
As interest rates continued to decline, buyers became more active with Davenport real estate market investments.
To this end, YoY sales increased by up to 14% every month this year and home prices increased to $250,000.
2018
Davenport Real Estate Market in 2018
2018 brought an even greater increase in sales and a significant drop in inventory.
Additionally, median sales prices plateaued at a high of $250,000.
2019
Davenport Real Estate Market in 2019
In general, 2019 was a peak performance year for the Davenport real estate market.
In fact, YoY sales went up consistently every month of the year.
Altogether, December brought the most success with a sales hike of over 25%.
Furthermore, the median sales price grew to $260,000 and Sell/List price differences stayed at a high 97%.
2020
Davenport Real Estate Market in 2020
Although the spread of Coronavirus was impactful, the Davenport and Orlando real estate markets were unscathed.
In light of everything, buyers continued to make real estate investments for Davenport properties.
With the exception of April and May, YoY sales increased monthly.
Additionally, the average home price and average sell price increased in Davenport.
2021
Davenport Real Estate Market in 2021
Looking out at the real estate market forecast in Davenport for 2021, we see good things on the horizon.
In the final analysis, we predict that Davenport housing market statistics will continue to reflect growth and sales increases.
Orlando Real Estate Market
Davenport is just one piece of the Orlando real estate market puzzle.
Check out our overview for the Greater Orlando Area to see how the city is doing at large!
A Davenport Realtor for All Your Needs
From single-family homes, to estate homes, to condos, townhomes, and everything between, we’re the real estate agent in Davenport with the range of services to meet your needs.
Single-Family Homes for Sale in Davenport
Single-family homes for sale in Davenport FL boast high rates of appreciation and occupancy.
Condos and Apartments for Sale in Davenport
With condos for sale in Davenport, you get chic luxury at scaled-back sizes and prices.
Townhomes for Sale in Davenport
Single-family homes too big for your needs?
Condos too small?
Townhomes for sale in Davenport could be just right!
Pool Homes for Sale in Davenport
A pool turns your backyard into a private oasis.
And your rental into a private resort!
And while they can be costly, you don’t have to sink under a high overhead.
Authentic Real Estate Team can help you keep your head above water with great deals on homes for sale in Davenport FL with pool.
Lakefront Homes in Davenport
Davenport lakefront homes for sale feature an attractive, all-natural amenity your family – or your renters – will be sure to love.
Homes with Guest House for Sale in Davenport
Homes for sale with guest house in Davenport FLgive mother-in-law the privacy she, and you, need.
New Homes for Sale in Davenport
New homes for sale in Davenport give you the peace of mind of new materials and standards, the satisfaction of being the first to use the home, and the flexibility to customize design elements to your needs.
Luxury Homes for Sale in Davenport
As Central Florida’s premier luxury home broker, Authentic Real Estate Team can help you find the luxury homes for sale in Davenport FL you’ve been dreaming of!
Vacation Homes for Sale in Davenport
Davenport vacation homes for sale give you a peaceful getaway in a bucolic Old-Florida setting.
And at just minutes from Disney, they’re a great investment option!
Villas for Sale in Davenport
Davenport is a popular place to stay for golf tourists and Disney-goers alike.
With Davenport villas for sale, you can rent to both!
Community Homes for Sale in Davenport
While Davenport is a borderline-rural town, you can still find great gated communities with all the modern amenities.
Here are a couple we think might pique your interest.
Festival Resort
Built with the Orlando tourist in mind, Festival Resort features sumptuous vacation homes, theme park-level amenities, and a strategic location just minutes from the Magic Kingdom.
Solterra Resort
With residential and vacation homes, and a suite of world-class amenities like a lazy river, gym, and onsite restaurant, Solterra Resort makes a wonderful place to live or invest!
Conclusion: Why You Should Invest with Authentic Real Estate Team!
With this all in mind, it’s obvious that the Davenport and Orlando real estate markets are strong and getting stronger.
According to all housing market statistics, Davenport is certainly a good place to make a real estate investment.
However, buyers are encouraged to move quickly.
Without a doubt, the affordable home prices found currently in Davenport won’t last long.
Get in touch with one of our trusted brokers or agents today! We look forward to helping you find the Davenport property of your dreams!
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