Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$1,249,999
$2,044

Housing Market Overview

Metric Davis California Avg US Average
Median Home Price $1,249,999 $642,203 $242,182
Price Trend (Annual %) 21.0% 10.0% 8.2%
Median Gross Rent $2,044 $1,955 $1,342
Rent Trend (Annual %) 6.9% 6.0% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Davis
California
United States
Year Davis California United States
Median Rent Over Time
Davis
California
United States
Year Davis California United States

Affordability

On average, housing unit costs 15.3 yearly household incomes in Davis.

Metric Davis California Avg US Average
Median Home Price $1,249,999 $642,203 $242,182
Median Household Income $81,511 $96,718 $78,145
Price-to-Income Ratio 15.3 6.6 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Davis California Avg US Average
Homeownership Rate 37.4% 51.6% 58.2%
Rental Rate 55.5% 40.9% 31.3%
Vacancy Rate 7.1% 7.6% 10.6%
Median Tenure (years) 10.0 15.0 15.0
Median Year Moved In 2016 2011 2011

Housing Stock

Metric Davis California Avg US Average
Average Household Size 2.51 people 2.85 people 2.54 people
Median Structure Built Year 1981 1975 1978
Median Number of Rooms 4.9 5.0 5.5