The housing market in Davenport, FL (33897) is flourishing compared to the rest of the United States. The median value for housing in this area is an impressive $351,200 — far more expensive than the nation-wide average of $338,100. Furthermore, the one year appreciation rate for housing in Davenport was 19.81%, whereas it was only 8.27% across the United States as a whole. This suggests that investing in real estate here would be a smart decision and could lead to substantial gains in equity over time.
The median home cost in Davenport (zip 33897) is $351,200. Home appreciation the last 10 years has been 186.0%. Home Appreciation in Davenport (zip 33897) is up 25.4%.
Average Age of Homes
- The median age of Davenport (zip 33897) real estate is 15 years old
The Rental Market in Davenport (zip 33897)
- Renters make up 15.6% of the Davenport (zip 33897) population
- 1.5% of houses and apartments in Davenport (zip 33897), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.