Is Davenport, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Davenport is a buyer's market

Buyer's
Market

Difference Since September 2021

At the same time last year, Davenport was a Seller's Market.

Key Takeaway

Davenport is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Davenport, FL cost?

Median Sold Price

$345,000

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$80,000(+30.2%)

Key Takeaway

Homes in Davenport have sold for 30.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 -$50K
N/A
2 $177.5K$192.2K
+8.3%
3 $241.1K$310K
+28.6%
4 $284.9K$365K
+28.1%
5+ $340.7K$455K
+33.5%

Median Sold Price Compared To Nearby Cities

Haines City
+31.4%
Davenport
+30.2%

How many homes are available in Davenport, FL?

Number of Homes For Sale

Aug 2022Sep 2022%
82820.0%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 22
0.0%
3 3033
+10.0%
4 4237
-11.9%
5+ 810
+25.0%

Number of Homes Sold

Aug 2022Sep 2022%
237-69.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Davenport, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Average Sale Time

Sep 2021Sep 2022%
14 Days13 Days-5.7%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Davenport are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Davenport, FL

Homes for sale in Davenport, FL have reached 82. While the average time on the market in September 2022 was 13 days, the median list price was $345,000. Listing prices have changed in this real estate market between August 2022 and September 2022: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties went up by 8.3%, 3 bedrooms properties prices increased by 28.6%, the cost of 4 bedrooms properties went up by 28.1%, prices of 5 bedrooms properties increased by 33.5%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, 2 bedrooms homes did not move, number of 3 bedrooms homes increased by 10%, 4 bedrooms homes became 11.9% less available, 5 bedrooms homes inventory increased by 25%. In September 2022, from all listings sold in Davenport, FL there were more than 1 sold above asking price, over 2 sold below and more than 4 were sold right at the asked price.

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