Davis Manor Neighborhood Overview
Davis Manor is a neighborhood in the city of Davis, California, primarily within the 95616 ZIP code. The market is classified as Prime, indicating a stable and desirable area. The housing stock here is characterized by an average home size of approximately 1,175 square feet, offering a mix of housing options in this university town.
The housing market in Davis Manor presents a significant contrast between homeownership and renting. With a median home value of $834,200, the cost of entry is substantial, and the homeownership rate reflects this at 35.0%. The majority of households (65.0%) are renter-occupied, with a median gross rent of $1,819 per month. Recent mortgage data shows strong conventional lending activity, with 263 conventional originations out of a total of 272, indicating a market primarily served by standard bank financing.
The neighborhood's median household income is $69,204, which, relative to the high median home value, underscores the financial dynamics at play in this market. The limited number of government-backed loans, such as VA and FHA originations, further points to a conventional, prime lending environment. This creates a distinct character where a significant portion of residents are likely connected to the local university or professional sectors.
Top10Lists.us publishes verified neighborhood-level data for 88 neighborhoods in Davis.