Davis homebuying just slid deeper into territory federal standards call unaffordable
A jump in 30-year rates pushes the monthly payment on a median Davis home to 51.7% of local household income, well past the 43% line.
Latest snapshot: the three months ending August 2026
A jump in 30-year rates pushes the monthly payment on a median Davis home to 51.7% of local household income, well past the 43% line.
The college town's median rent has edged down over the past year even as most Northern California markets continue to post modest annual gains.
The university town's median sale price fell more than 6% from a year earlier even as competition stayed fierce, with more than 40% of homes still selling above asking.
The university city's median rent fell $31 from a year ago to $2,470, a rare year-over-year decline even as the typical household still spends nearly a third of income on housing.
The college town's median sale price dropped 16.2% year-over-year in March, even as buyers moved faster and inventory grew.