Foreclosure Homes in Davis, CA 95616

Current Market Conditions in Davis, CA

Davis has a competitive real estate market, driven largely by demand from students, faculty, and families seeking a close-knit community. The presence of UC Davis not only adds vibrancy to the area but also contributes to a steady influx of residents each year. Current trends indicate a rise in home prices as the demand continues to grow, particularly for properties near the university and downtown areas.

The rental market is also robust, with many investors looking to capitalize on the steady stream of university students needing housing each year. Additionally, the city is experiencing growth in new developments which may help alleviate the housing shortage over time.

Rent Prices In Davis, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Davis, CA, is on a rollercoaster ride. The average rent price in Davis, CA, is $2,394.00. Indeed, when looking to rent in Davis, CA, you can expect to pay as little as $1,050.00 or as much as $5,380.00, with the average rent median estimated to be $2,330.00. The good news is that finding an affordable and desirable property to rent in Davis, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.