Is Davenport, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$380,045
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Davenport was $380,045 in March 2024, the same as last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $105K | N/A |
2 Bedrooms | $304.5K | $258K | -15.3% |
3 Bedrooms | $328.8K | $332.5K | +1.1% |
4 Bedrooms | $397.9K | $395K | -0.7% |
5+ Bedrooms | $525K | $518.3K | -1.3% |
Summary: Davenport housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.3%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 1.3%.
Median Sold Price Compared To Nearby Cities
Davenport | $380K | $380K | 0.0% |
Haines City | $337.3K | $324.6K | -3.8% |
Housing Supply in Davenport, FL
How many homes are available in Davenport, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1,756 | 1,870 | +6.5% |
Summary: The Davenport real estate market had 1,870 homes for sale in March 2024, a 6.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 13 | -7.1% |
2 Bedrooms | 126 | 142 | +12.7% |
3 Bedrooms | 492 | 532 | +8.1% |
4 Bedrooms | 599 | 619 | +3.3% |
5+ Bedrooms | 525 | 564 | +7.4% |
Summary: The Davenport housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.1%, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 7.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
239 | 218 | -8.8% |
Asking Price vs. Sold Price
138 Homes Were Sold
Under Asking
64 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 218 homes were sold or pending in Davenport in March 2024, down by 8.8% month-over-month. Of the 218 sold homes, 63% were sold under asking, 29% were sold at asking, and 7% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
65 Days | 71 Days | +9.0% |
Summary: Homes in Davenport had an average of 71 days on market in Mar 2024, up by 9% compared to last year.
Breakdown of Home Sale Times
75 Homes Were Sold
Under 30 Days
73 Homes Were Sold
In 30 - 90 Days
70 Homes Were Sold
Over 90 Days
Summary: During March 2024, 218 homes were sold in Davenport; 34% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.