Davenport Real Estate Market 2021 | Overview

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Data updated
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

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 Orlando Homes for Sale 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
Average home price for the last 12 months in Davenport, Florida

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
Average price per square foot for the last 12 months in Davenport, Florida

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
For sale inventory for the last 12 months in Davenport, Florida

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
Homes sold in the last 12 months in Davenport, Florida

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
Average time to sell a home for the last 12 months in Davenport, Florida

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
Average mortgage rate for the last 12 months in Davenport, Florida

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

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.


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
Average rent price for the last 12 months in Davenport, Florida

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
Average rent price per square foot for the last 12 months in Davenport, Florida

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
For rent inventory for the last 12 months in Davenport, Florida

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
Homes rented in the last 12 months in Davenport, Florida

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
Average time to rent a property for the last 12 months in Davenport, Florida

Davenport Real Estate Investment

Orlando Homes for Sale 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.

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.

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.

Orlando Homes for Sale can help you keep your head above water with great deals on homes for sale in Davenport FL with pool.

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, Orlando Homes for Sale 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 Orlando Homes for Sale!

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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