Davis, Illinois.
Typical home $272,009 (+5.7% in a year). Freeport, IL metro.
to buy the typical home at today's mortgage rate — +$851 (+148%) since Jan 2020.
- 1 year
- Up $14,752 +6%
- $257,257$272,009 since Sep 2025
- 5 years
- Up $81,512 +43%
- $190,496$272,009 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Davis$1,428
- Illinois$1,553
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 10 years.
Typical home values in Davis, IL rose 5.7% over the past year — faster than the nation's +1.2%.
Living in Davis, Stephenson County, Illinois
Davis is a village of 589 people in Stephenson County. Half its households earn more than $62,050 a year and half less, against $64,043 across Stephenson County; 7% of its people live below the poverty line. 84% of its homes are lived in by their owners and 16% are rented. Unemployment in Stephenson County was 3.9% in August 2026, and the county had 0.2% more jobs in 2025 than the year before. The most people in Stephenson County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Davis is a small village in Stephenson County, home to only a small number of people. Nearly everyone owns the home they live in, and incomes run a little below the county's. Winters are cold and snowy, with January the coldest month, and summers are warm, with July the warmest and a fair amount of rain through the year.
Work. Residents work mostly in schools, hospitals and social care, with manufacturing, shops, and restaurants and hotels close behind. Across Stephenson County, some of the largest workplaces are FHN Memorial Hospital, Freeport Schools and Berner Foods - Dakota. A good number of people work from home, and a minority of adults hold a four-year degree.
Things to do. The closest outdoor spot is Avon Bottoms Wildlife Area, a protected area a short drive away. A longer drive brings you to White Pines Forest State Park, another protected area, and to Anderson Japanese Gardens, a botanical garden. The Pecatonica River is also a longer drive away for those who like time by the water.
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- 267households
- 20%of adults have a degree
- 7%below the poverty line
- 18%work from home
What people in Stephenson County work in
Employed residents by industry, from the Census survey. Stephenson County had 17,408 jobs in 2025, 0.2% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 28° and lows near 11°; warmest in July, with highs near 82° and lows near 62°. About 34 inches of snow and 38 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Freeport Waste Wtp weather station, 13 miles away (NOAA).
Largest workplaces in Stephenson County
- Helm MechanicalPlumbing and heating contractors1,273
- Freeport SD 145School district839FTE
- Berner Foods - DakotaProcessed cheeses manufacturing644
- FHN Memorial HospitalGeneral hospital557FTE
- HoneywellRheostats, current carrying wiring device, manufacturing500
- WalmartWarehouse clubs and supercenters364
- Snak-KingPotato chips manufacturing312
- Titan Tire Corporation of FreeportTires manufacturing310
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 45 workplaces with 20 or more staff, 7,283 people in all across the county; Davis has none of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- HailVery high
- Strong windVery high
- TornadoesVery high
- Cold wavesRelatively high
- Inland floodingRelatively high
- Ice stormsRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Davis’ census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Stephenson County and the Freeport, IL metro.
Davis home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Davis$272,009
- Illinois$295,943
- United States$366,157
Sellers are cutting prices on about 1 in 3 Davis listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Davis34.58%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Davis23
New listings per month
Sellers arriving at the market.
- Davis9
Zip codes with a Davis address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Davis — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.