Davenport - IA housing market
The Davenport metro has a typical home value of $196,628, up 5.2% from a year ago. Homes are moving fast at 11 days on market, a strong seller's market. 25% of listings have had a price cut. Data from Zillow Research, updated monthly.
Davenport housing market, October 2026
The typical Davenport home is worth $196,628 as of August 2026, up 0.3% from the prior month, up 0.8% over three months, and up 5.2% from a year ago. Over the past two years values have ranged from $182,516 to $196,628.
Homes are going pending in about 11 days, slower than the 9 days seen three months earlier. There are roughly 1,231 homes for sale, 7% more than a year ago. 24.6% of listings have taken a price cut (up from 19.9% three months ago).
Typical rent is $1,008 a month, up 5.0% year over year, which puts the price-to-rent ratio at 16.2.
At this week's 7.40% mortgage rate with 20% down ($39,326), the typical Davenport home costs about $1,335 a month including tax and insurance, which needs a household income of roughly $57,200 to stay under a 28% payment-to-income ratio.
Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.4% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →
How to read this data
The typical home value ($196,628) is the Zillow Home Value Index for the Davenport - IA metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 5.2% over the past year. In Davenport - IA, that means a home worth $186,909 last year is now worth roughly $196,628.
The median sale price, what homes actually close for, is $196,479. Homes are selling at 99.5% of list price, meaning buyers have room to negotiate.
Homes listed in Davenport - IA sit on the market for roughly 11 days before going pending. Shorter = seller's market; longer = buyer's market.
About 24.6% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 528 new listings hit the market each month in Davenport - IA. There are currently 1,231 homes for sale, up 6.7% from a year ago.
The typical monthly rent in Davenport - IA is $1,009, up 5.0% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 16.2x, toss-up (#118 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $1,089 a month in principal and interest, $80 more than renting before taxes, insurance and upkeep. The two break even at a 6.64% rate.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →
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Other metros in IL
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Chicago - IL | $357,265 | +4.9% | 12.0d |
| Peoria - IL | $174,841 | +6.7% | 8.0d |
| Rockford - IL | $224,246 | +8.7% | 6.0d |