How much house does $500,000 buy you in Davenport?
Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Davenport?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Davenport right now. Listings below $500,000 were included if necessary.
421 S 14Th St, Le Claire, IA 52753
- Price: $475,000
- 5 bedrooms, 4 bathrooms
- Square feet: 2,592
- See 421 S 14Th St, Le Claire, IA 52753 on Redfin.com
1301 W 62Nd Ct, Davenport, IA 52806
- Price: $479,900
- 5 bedrooms, 3 bathrooms
- Square feet: 3,241
- See 1301 W 62Nd Ct, Davenport, IA 52806 on Redfin.com
28009 230Th St, Le Claire, IA 52753
- Price: $499,900
- 4 bedrooms, 5 bathrooms
- Square feet: 4,726
- See 28009 230Th St, Le Claire, IA 52753 on Redfin.com
40 Velie Dr, Rock Island, IL 61201
- Price: $459,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 5,316
- See 40 Velie Dr, Rock Island, IL 61201 on Redfin.com
2987 16Th Street Ct, East Moline, IL 61244
- Price: $499,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,770
- See 2987 16Th Street Ct, East Moline, IL 61244 on Redfin.com
3210 Quail Ridge Rd, Bettendorf, IA 52722
- Price: $455,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,296
- See 3210 Quail Ridge Rd, Bettendorf, IA 52722 on Redfin.com
49 Kenwood Ave, Davenport, IA 52803
- Price: $487,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,887
- See 49 Kenwood Ave, Davenport, IA 52803 on Redfin.com
124 Riverview Heights Dr, Le Claire, IA 52753
- Price: $439,500
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,058
- See 124 Riverview Heights Dr, Le Claire, IA 52753 on Redfin.com
5811 Duggleby Ave, Davenport, IA 52807
- Price: $440,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,779
- See 5811 Duggleby Ave, Davenport, IA 52807 on Redfin.com
28018 230Th St, Le Claire, IA 52753
- Price: $440,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,944
- See 28018 230Th St, Le Claire, IA 52753 on Redfin.com
6451 Friendship Path, Bettendorf, IA 52722
- Price: $479,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,580
- See 6451 Friendship Path, Bettendorf, IA 52722 on Redfin.com
401 N 8Th St, Le Claire, IA 52753
- Price: $435,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,431
- See 401 N 8Th St, Le Claire, IA 52753 on Redfin.com
3455 W Harbor Dr, Bettendorf, IA 52722
- Price: $430,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,076
- See 3455 W Harbor Dr, Bettendorf, IA 52722 on Redfin.com
22 S 5Th St, Eldridge, IA 52748
- Price: $499,990
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,604
- See 22 S 5Th St, Eldridge, IA 52748 on Redfin.com
17 S 5Th St, Eldridge, IA 52748
- Price: $473,990
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,572
- See 17 S 5Th St, Eldridge, IA 52748 on Redfin.com
21 S 5Th St, Eldridge, IA 52748
- Price: $476,990
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,248
- See 21 S 5Th St, Eldridge, IA 52748 on Redfin.com
3347 Glenbrook Cir N, Bettendorf, IA 52722
- Price: $450,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,124
- See 3347 Glenbrook Cir N, Bettendorf, IA 52722 on Redfin.com
6218 114Th St, Blue Grass, IA 52726
- Price: $459,900
- 3 bedrooms, 4 bathrooms
- Square feet: 3,500
- See 6218 114Th St, Blue Grass, IA 52726 on Redfin.com
5567 Crow Creek Rd, Bettendorf, IA 52722
- Price: $449,999
- 3 bedrooms, 3.5 bathrooms
- Square feet: 3,408
- See 5567 Crow Creek Rd, Bettendorf, IA 52722 on Redfin.com
3812 Joyce Ln, Davenport, IA 52806
- Price: $444,500
- 3 bedrooms, 3.5 bathrooms
- Square feet: 1,953
- See 3812 Joyce Ln, Davenport, IA 52806 on Redfin.com
1319 Heights Ct, Bettendorf, IA 52722
- Price: $499,900
- 3 bedrooms, 3 bathrooms
- Square feet: 2,659
- See 1319 Heights Ct, Bettendorf, IA 52722 on Redfin.com
35 Frank Ct, Le Claire, IA 52753
- Price: $449,755
- 3 bedrooms, 3 bathrooms
- Square feet: 2,519
- See 35 Frank Ct, Le Claire, IA 52753 on Redfin.com
10760 E 1600Th St, Cambridge, IL 61238
- Price: $449,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,523
- See 10760 E 1600Th St, Cambridge, IL 61238 on Redfin.com
22799 Great River Rd, Le Claire, IA 52753
- Price: $459,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,686
- See 22799 Great River Rd, Le Claire, IA 52753 on Redfin.com
10 S 5Th St, Eldridge, IA 52748
- Price: $462,990
- 3 bedrooms, 2 bathrooms
- Square feet: 2,009
- See 10 S 5Th St, Eldridge, IA 52748 on Redfin.com
7 S 5Th St, Eldridge, IA 52748
- Price: $426,990
- 3 bedrooms, 2 bathrooms
- Square feet: 1,817
- See 7 S 5Th St, Eldridge, IA 52748 on Redfin.com
1719 S 5Th St, Eldridge, IA 52748
- Price: $443,991
- 3 bedrooms, 2 bathrooms
- Square feet: 1,817
- See 1719 S 5Th St, Eldridge, IA 52748 on Redfin.com
806 14Th St, Rapids City, IL 61278
- Price: $429,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,696
- See 806 14Th St, Rapids City, IL 61278 on Redfin.com
1832 Redbud Cir, Eldridge, IA 52748
- Price: $432,600
- 3 bedrooms, 2 bathrooms
- Square feet: 1,427
- See 1832 Redbud Cir, Eldridge, IA 52748 on Redfin.com
6215 Deere Creek Ln, Davenport, IA 52807
- Price: $463,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,474
- See 6215 Deere Creek Ln, Davenport, IA 52807 on Redfin.com