City:

Davison, MI

Davison is a city in the state of michigan with a population of roughly 31,859. It is in Genesee County, Michigan the Flint, MI core-based statistical areas (CBSA), and the Detroit-Warren-Ann Arbor, MI combined statistical area (CSA).Its Zip codes include 48423 .

Trends in Home Prices in Davison, Michigan

Davison is a city in Oakland County in the U.S. state of Michigan. The population was 20,898 at the 2010 census. Davison is located approximately 10 miles north of Pontiac and 30 miles south of Detroit.

Davison was first settled by Europeans in 1825 and was platted as a village in 1827. The city was incorporated as a city in 1889 and became known as the "City of Roses" because of its many rose gardens. Davison's economy has been based on manufacturing, particularly automotive parts, but also includes food processing, health care, and other services. In recent years, the city has focused on redevelopment efforts to improve its economy and attract new businesses and residents.

Real estate is an important part of Davison's economy; according to the City's 2016 Comprehensive Annual Financial Report (CAFR), real estate accounted for $1 billion or 27% of total economic activity within the City limits that year.[1] The City's real estate market is diverse with properties ranging from single-family homes to large commercial complexes.[2] There are several real estate companies headquartered in Davison including Coldwell Banker Residential Brokerage Company,[3] JLL,[4] RE/MAX Real Estate Associates,[5] Sterling Realty,[6] and The Howard Group.[7][8][9][10][11][12][13][14]

The average price for a home sold within Davison during 2016 was $194,000.[15] According to data from Zillow[16], Davison had one of the highest home values growth rates between 2014-2016 among cities with over 100,000 residents (over 10%).[17]

There are several factors that contribute to the high demand for real estate in Davison including its location near major metropolitan areas such as Detroit and Pontiac; its strong economy based on manufacturing; low unemployment rate; good schools; ample recreational opportunities; low crime rate; well-maintained infrastructure including roads, parks, utilities etc.;[18]and its strong community spirit which fosters pride in being part of this vibrant city.[19][20][21].

Price Index: Flint, MI

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