Median price for residential apartments in Davenport, IA as of Jan, 2023.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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573 Davenport, IA, USA apartments for sale
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Davenport
According to statistics, the population in Davenport, IA amounts to 102,268, which shows decline 0% compared to the previous year. The median age of the city’s residents is 36. The average household income is $49,335, shifting growth 2% from the past year, and the average property value in Davenport, IA growth 1% to $124,300 throughout the year.
| Population | 102,268 |
| Median Age | 35.9 |
| Poverty Rate | 17% |
| Household Income | $49,335 |
| Number Of Employees | 48,863 |
| Median Property Value | $124,300 |
Household Income
The average household income in Davenport, IA grew from $48,191 to $49,335 in the past year. This data is an estimate based upon 40,488 households in Davenport, IA . The chart below presents how household income is distributed in Davenport, IA in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Davenport, IA shifted from $122,700 to $124,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Davenport, IA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Davenport, IA properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Davenport, IA compared to median property taxes around the country. The prevalent amount of property taxes in Davenport, IA equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Davenport, IA, USA
Average apartment sale in Davenport: $157,821 (+1.1%)
| Apartment Size | Jan | vs Last Month |
|---|---|---|
| Studio apartments | $103,578 | +4.9% |
| 1-bed apartments | $50,000 | -45.9% |
| 2-bed apartments | $118,023 | -1.7% |
| 3-bed apartments | $157,201 | +3.9% |
| 4+ bed apartments | $214,408 | -5.3% |
During Jan 2023, the average price for an apartment in/near Davenport, IA increased by 1.1% to $157,821.
Knowing the current property prices is key if you plan to buy a studio in Davenport, IA. The average price for a studio has increased since the last month, currently being $103,578. After collecting all data points, we now see that the average price for 1-bed apartment decreased by 45.9% to $50,000. Asking price for 2-bed apartment also decreased by 1.7% and a place of this size will now cost you $118,023. A 3-bed apartment goes for $157,201, it increased by 3.9% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 5.3% and made it down to $214,408.
| Listing Type | Jan | vs Last Month |
|---|---|---|
| Houses for sale | $168,955 | +2.1% |
| Land for sale | $96,038 | +16.9% |
| Duplexes for sale | $89,580 | +0% |
| Condos for sale | $239,900 | +56.9% |
Price reports demonstrate that house price increased by 2.1% this month making it up to $168,955. Condos are really in demand in this season. The median price for a condo increased by 56.9%, it’s now available for $239,900. An average value of duplex is $89,580, thus a median price for a duplex remains the same this month. The average price of the land for sale in Davenport, IA has increased by 16.9%, and now equals $96,038.
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