Affordability evidence
Davie, FL home values, income, and owner costs
A borrower-focused reading of the latest ACS value, income, and owner-cost evidence for Davie, FL.
Source: U.S. Census Bureau
Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.
In Davie, FL, the 2024 ACS reports a median owner-occupied home value of $462,900, median household income of $87,250, and median selected monthly owner costs of $2,680 for owners with a mortgage. For the decision at hand, together, those three reference points may help a borrower identify which search-price, income, and recurring-cost assumptions need current verification first. They remain separate medians, not the finances of one representative household, and the $2,680 measure combines recurring ownership expenses instead of real estate taxes alone. In practical terms, a useful affordability review starts with $462,900, $87,250, and $2,680, then replaces them with the borrower's documented income, cash, debts, property taxes, insurance, association charges, loan terms, and intended occupancy.
Davie, FL's $462,900 median home-value estimate is above the statewide $359,000 estimate, with a reported city-to-state gap of 28.9%. For the decision at hand, that 28.9% gap is useful for showing that a statewide midpoint may be a poor substitute for a local search range in Davie, FL.