Davis, IL

Davis is a small town located in central Illinois. The population was 8,829 at the 2010 census. Davis is home to the University of Illinois at Urbana- Champaign and has a rich history dating back to the early 1800s.

Real estate in Davis is dominated by single family homes and apartments. There are also a few commercial properties available, but they are not as common as in larger cities. The average price for a home in Davis is $130,000 and the median price is $119,000. The vacancy rate for homes in Davis is 1%.

The real estate market in Davis has been relatively stable over the past few years. This may be due to strong demand from students who live here and want to be close to campus or because there are not many new development projects underway right now. However, there are some signs that the market may be starting to soften – specifically with respect to rental properties. In recent months, there have been several reports of landlords raising rents on existing units or refusing to renew leases on property that's already rented out. It's unclear what caused this trend, but it could signal that the market is becoming more competitive overall.