Is Davenport, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Davenport was a Seller's Market.
Housing Prices in Davenport, FL
How much do homes in Davenport, FL cost?
Median Sold Price
$382,056
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Davenport was $382,056 in April 2024, up 1% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | $100K | +25.0% |
2 Bedrooms | $295K | $261K | -11.5% |
3 Bedrooms | $322.8K | $334.9K | +3.7% |
4 Bedrooms | $399.9K | $395K | -1.2% |
5+ Bedrooms | $519.9K | $520K | 0.0% |
Summary: Davenport housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 11.5%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Davenport | $378.2K | $382K | +1.0% |
Haines City | $332.1K | $324.9K | -2.2% |
Housing Supply in Davenport, FL
How many homes are available in Davenport, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,852 | 1,897 | +2.4% |
Summary: The Davenport real estate market had 1,897 homes for sale in April 2024, a 2.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 8 | 0.0% |
2 Bedrooms | 140 | 142 | +1.4% |
3 Bedrooms | 545 | 537 | -1.5% |
4 Bedrooms | 617 | 624 | +1.1% |
5+ Bedrooms | 542 | 586 | +8.1% |
Summary: The Davenport housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 1.4%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 8.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
233 | 272 | +16.7% |
Asking Price vs. Sold Price
165 Homes Were Sold
Under Asking
80 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Summary: A total of 272 homes were sold or pending in Davenport in April 2024, up by 16.7% month-over-month. Of the 272 sold homes, 61% were sold under asking, 29% were sold at asking, and 10% were sold over asking.
Days on Market for Davenport, FL
How long does it take to sell a home in Davenport, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 65 Days | +24.7% |
Summary: Homes in Davenport had an average of 65 days on market in Apr 2024, up by 24.7% compared to last year.
Breakdown of Home Sale Times
114 Homes Were Sold
Under 30 Days
85 Homes Were Sold
In 30 - 90 Days
73 Homes Were Sold
Over 90 Days
Summary: During April 2024, 272 homes were sold in Davenport; 42% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.