What does the market look like in Davenport, IA?

I'm looking at a deal for an apartment complex in Davenport, IA. I want to seek out information/advice on what's the market in this area. Thank you!

Maria:

It has been a few months since you've made the post and I was wondering if you had made the deal already or not. Are you from or familiar with the Davenport area? I may be of some assistance to you if you still need it.

Average price per square foot for Davenport IA was $100, an increase of 0% compared to the same period last year. The median sales price for homes in Davenport IA for Jul 10 to Sep 10 was $128,500 based on 217 home sales. Compared to the same period one year ago, the median home sales price increased 6.4%, or $7,750, and the number of home sales decreased 31.3%. There are currently 660 resale and new homes in Davenport on Trulia, including 2 open houses, as well as 243 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Davenport IA was $160,458 for the week ending Oct 27, which represents an increase of 1.8%, or $2,787, compared to the prior week.